BizAuctions Outlet-Retail Sales Gain in November

Dec 09, 2010, 07:30 ET from BizAuctions, Inc.

SAN DIEGO, Dec. 9, 2010 /PRNewswire-FirstCall/ -- BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay and Amazon liquidation services for excess inventories, overstocks, and returns, announced today that November sales for the Outlet Store have increased considerably over October.

Delmar Janovec, BizAuctions' President, remarks, "Sales for the Outlet-Retail store for the month of November saw significant growth with $44,982.00 for the month. The increase in sales of approximately $7,770 or 21% over October for the Outlet Store shows that BizAuctions' customer base continues to expand with new customers daily. The new customers as well as our loyal repeat customers seem quite pleased with the diversity of merchandise that is available for sale and at pricing that is much below the normal retail prices. Our name brand merchandise extends from clothing, general merchandise, household goods, appliances and electronics such as Sony, Toshiba, Panasonic, Samsung, Sharp, and Vizio, to Maytag, Whirlpool, LG, and Polo, O'Neill, Ralph Lauren, Buffalo and Lucky jeans, and Ed Hardy. Our staff at the Outlet Store has certainly been very busy for the first 8 days of December and we anticipate December will be a strong month." (For photos of our current Outlet Store, please view the attached link at, http://www.bizauctions.com/outlet/ )

"BizAuctions recently closed its retail store in the Chula Vista Center, in anticipation of opening a new larger location in the San Ysidro area, under the name of 'Lucky 7's Outlet', in order to sell its name brand higher-end clothing such as Polo, Ralph Lauren, Buffalo and Lucky jeans, Ed Hardy shirts, PING sports apparel, O'Neill, and other name brands, general merchandise, appliances, and some electronics that will generally bring higher retail prices at Lucky 7's Outlet versus its customary eBay and Amazon business platforms," noted President Janovec.

BizAuctions' 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 platforms.  

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 investors@BizAuctions.com 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 eBay and Amazon 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 eBay and Amazon liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory.  

The Company encourages the public to read the above information in conjunction with its year-end statement for December 31, 2009, and the quarterly statements filed in calendar year 2010, and 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.



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