BizAuctions Begins Selling Selected Merchandise on Amazon.com

SAN DIEGO, Feb. 19 /PRNewswire-FirstCall/ -- BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay liquidation services for excess inventories, overstocks and returns, begins selling selected merchandise on Amazon.com.

Delmar Janovec, CEO comments, "While eBay provides a great platform and resources for BizAuctions to reach out to potentially millions of prospective buyers for our brand name merchandise, the Amazon.com platform will allow BizAuctions to reach an entirely new demographics of potential buyers. Based upon our research, we believe specific inventory particularly the smaller electronic items, should command higher prices when offered on Amazon. By utilizing the eBay and Amazon platforms, BizAuctions will have the best of both worlds by increasing its customer base resulting in increased revenues, while reducing operating costs. Management and staff are committed to offering an assortment of name brand merchandise as well as providing excellent customer service for its new Amazon customers as BizAuctions does for its eBay customers. BizAuctions has earned a positive feedback rating of 98.9% with over 42,500 positive feedbacks from eBay customers.

"BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. Currently, BizAuctions consigns, buys inventory, and liquidates through eBay, as well as its recently opened retail store, Lucky 7's. In addition to the new online venue of Amazon.com, BizAuctions continues to move forward with plans of opening a 2nd retail store in San Diego County," continues Janovec.

The Company's clients have included some of the Nation's leading retail names at the forefront of their industries.  With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate excess inventory on eBay and Amazon.  

More information is available at www.BizAuctions.com. Investors and media can receive a free investor kit for BizAuctions, Inc. by contacting Investor Relations at [email protected] or (800) 961-3275. A virtual tour of BizAuctions' facilities and flash video presentation can be viewed at http://www.bizauctions.com/

ABOUT BIZAUCTIONS – ADDRESSING THE $60 BILLION PROBLEM

BizAuctions, Inc. (Pink Sheets: BZCN) is a prime provider of commercial liquidation services for excess inventory, overstock items, and returns.  Our clients have included some of the Nation's leading retail names at the forefront of their industries.

BizAuctions addresses the $60 billion excess inventory problem for clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay and Amazon, and collecting payment.

We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space.

With a long-term strategy to provide liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory on eBay and Amazon.  

The Company encourages the public to read the above information in conjunction with its year-end statement for December 31, 2008, and the quarterly statements filed in calendar year 2009, at www.PinkSheets.com.

The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "may," "could," "possibly," "feel," "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its services, competition, limited service facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein.

SOURCE BizAuctions, Inc.