SAN DIEGO, May 19 /PRNewswire-FirstCall/ -- BizAuctions, Inc. (Pink Sheets: BZCN - News), a prime provider of commercial eBay liquidation services for excess inventories and overstocks, announced today a contract to provide on-going liquidation services to a home products company.
Delmar Janovec, BizAuctions' CEO noted, "The client company sells 'modern furniture and fresh new design products.' Under the agreement, BizAuctions has been brought on to liquidate their returned inventory."
"Our team at BizAuctions has already begun working under the agreement, and the liquidation process for this client is ongoing. With the excess inventory market near $60 billion, BizAuctions is targeting an enormous market and business opportunity while helping companies solve one of their greatest problems."
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.
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 - News) 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.
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 its excess inventory on eBay.
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 2008, 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.
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