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SquareTrade Awarded U.S. Patent for Electronic Seal of Certification Innovations

Patented innovations makes online shopping safer for consumers


SAN FRANCISCO, CA - August 28, 2006 - SquareTrade, an industry leader in offering services to make online shopping safer and easier, today announced that the U.S. Patent and Trademark Office has granted SquareTrade its third patent for its electronic seal of certification innovations.

SquareTrade´s portfolio of electronic seal of certification patents now includes U.S. Patent Numbers: 6,658,394; 7,020,634 and 7,092,012. The patents cover a broad range of innovations that SquareTrade utilizes to distinguish online sellers and help buyers identify quality merchants and shop online more safely. SquareTrade technology distinguishes a trusted network of over 60,000 online sellers who display SquareTrade´s dynamic Seal in their online auction and websites. "We are very excited the USPTO has recognized SquareTrade´s various inventions focused on creating trust and integrity in online shopping" said Steve Abernethy, SquareTrade´s CEO. "Our technology is helping thousands of high quality merchants and individuals better distinguish themselves and helping millions of consumers every week better identify and validate merchants before they buy."

About SquareTrade
SquareTrade is the leading provider of online shopping services focused on taking the risk out of shopping. Established in 1999, SquareTrade delivers industry-leading merchant verification with its patented SquareTrade Seal program; and post-purchase protections including extended warranties services for consumer electronics purchases and its pioneering online dispute resolution service. SquareTrade works with eBay and thousands of online merchants to help millions of consumers shop safely every month. Privately held, SquareTrade is headquartered in San Francisco. For more information, please visit www.squaretrade.com