Ubuy Holdings Inc. is Proud to Announce The Completion of Its Office Expansion for Homes Realty and Its Affiliated Companies Home Title & Escrow, Ubuy Mortgage and Ubuy Development Corporation


CORAL SPRINGS, Fla., June 3, 2004 (PRIMEZONE) -- Ubuy Holdings Inc, (Other OTC:UBYH) www.ubuyhomes.com is proud to announce the completion of its expansion phase of the Coral Springs Florida corporate headquarters. www.ubuymortgage.com

Alison Madej, Ubuy's President said, "The expansion of the corporate offices are designed to streamline our real estate operations and to attract new agents and business. We have increased our operational floor area from 1200 square feet to approximately 10,000 square feet or the entire fifth floor of our office building. Our new offices are made up of customized prefabricated office cubicles and semi-private offices with three conference/closing rooms. We have also added to the real estate operation an additional 40 new computers and full time IT personnel to facilitate our employees and agents needs."

Peter Leon, Director of Marketing said, "We are aggressively seeking branch office locations in other areas up and down the east and west coast of Florida which has been part of our business plan since our inception four years ago. We currently have branch office locations in Boca Raton, Palm Beach and Orlando Florida. Those branches service a broad real estate market area in Florida."

The statements contained in this release and statements that the Company may make orally in connection with this release are not historical fact and are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. Actual results may differ materially from those forward-looking statements, as such statements involve risks and uncertainties that could significantly impact the company's business and the actual outcome and results may differ materially.


            

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