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Press Releases Monday, October 11, 2004   
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Bluefly Launches Storefront on Amazon.com

NEW YORK--Oct. 7, 2004--Bluefly, Inc. (NASDAQ SmallCap: BFLY) today announced that it has launched its storefront in the Apparel & Accessories store at Amazon.com (located at www.amazon.com/bluefly), making Bluefly`s selection of designer brands, fashion trends and superior value available to Amazon.com`s tens of millions of active customer accounts.

"We are thrilled to have a presence on the Amazon.com Website, and look forward to introducing the Bluefly experience to Amazon.com`s extensive customer base," said Melissa Payner, Bluefly`s CEO. "We`re excited to be able to bring our unique combination of fashion, value and service to an entirely new market, and we believe that Amazon.com`s customers will truly appreciate our product offering and shopping experience."

About Bluefly, Inc.
Founded in 1998, Bluefly, Inc. (NASDAQ SmallCap: BFLY) is a leading online retailer of designer brands, fashion trends and superior values. Bluefly is headquartered at 42 West 39th Street in New York City, in the heart of the Fashion District. For more information, please call 212-944-8000 or visit www.bluefly.com.

This press release may include statements that constitute "forward-looking" statements, usually containing the words "believe", "project", "expect", or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. The risks and uncertainties are detailed from time to time in reports filed by the company with the Securities and Exchange Commission, including Forms 8-A, 8-K, 10-Q, and 10-K. These risks and uncertainties include, but are not limited to, unexpected changes in fashion trends; cyclical variations in the apparel and e-commerce markets; the dependence on third parties and certain relationships for certain services, including the company`s dependence on U.P.S. (and the risks of a mail slowdown due to terrorist activity) and its dependence on its third-party fulfillment center; online commerce security risks; management of potential growth; the availability of merchandise; rising return rates; and risks associated with expanding the company`s operations.

CONTACT:
Bluefly, Inc.
Investor Contact:
Patrick Barry
212-944-8000 ext. 239
pat@bluefly.com

Media Contact:
Berns Communications Group
Stacy Berns/Melissa Jaffin
212-994-4660
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