SAN DIEGO, CA, Feb 03, 2009 (M2 PRESSWIRE via COMTEX) -- BizAuctions, Inc. (PINK SHEETS: "BZCN"), a prime provider of commercial eBay liquidation services for excess inventories announced today that its listings posted on eBay during the month of December, 2008 increased by 16% over listings posted for November, 2008.
Delmar Janovec, CEO comments, "BizAuctions, a Titanium Powerseller on eBay, through its eBay store name: BusinessAuctions Inc, posted 4,156 item listings for the month of December - an increase of 570 listings or approximately 16% over the month of November 2008. This increase is indicative of management's commitment to provide our customers with exemplary service as shown by our customer satisfaction rating on eBay of 99.5 % with over 32,000 feedbacks from our 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. BizAuctions consigns, buys inventory, and liquidates through eBay," continues 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.
BizAuctions' operations are designed for maximum capacity to handle most any eBay liquidation project. Whether the client is a Fortune 500 company with 1,000 items or a small business with 100 items, BizAuctions can take on most any project and recover funds from clients' excess inventory.
More information is available at http://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/tour.shtml.
ABOUT BIZAUCTIONS - ADDRESSING THE $60 BILLION PROBLEM
BizAuctions, Inc. (Pink Sheets: BZCN) is a prime provider of commercial eBay 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 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.
The Company encourages the public to read the above information in conjunction with BizAuctions year-end statement for December 31, 2007, and the Quarterly statements filed in 2008. BizAuctions financial statements can be viewed at http://www.PinkSheets.com.
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The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "may," "could,""possibly," "hope," "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.
CONTACT: Investor Relations, Target IR LLC Tel: +1 760 633 0092 e-mail: Info@target-ir.com Delmar Janovec, Investor Relations, BizAuctions, Inc Tel: +1 800 961 3275 e-mail: investors@bizauctions.com WWW: http://www.BizAuctions.com
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