BizAuctions Targets Top 100 Retailers For eBay Liquidation Contracts

October 9, 2006; 03:56 AM
BizAuctions, Inc. announced it is targeting a number of the Top 100 U.S. retailers to provide its eBay liquidation services to liquidate excess inventory, distressed inventory, and other assets.

The Company has begun this initiative to solicit Liquidation Services Contracts with a number of Top 100 Retailer facilities. BizAuctions is a prime provider of commercial eBay liquidation services for excess inventory, returns, and overstock items, whose clients have included some of the nation’s leading retail names.

“We are more aggressively pursuing these leading retailers, some of which may be burdened by excess or distressed inventory up into the hundreds of millions of dollars on a companywide and annualized basis,” noted Delmar Janovec, BizAuctions’ CEO.

“This market obviously presents a tremendous opportunity, and it is clear that companies of this magnitude are in need of services like ours. The market for excess inventory is ripe, and we see this initiative as a key aspect of our growth strategy. BizAuctions feels the revolution for enterprise-scale eBay liquidation of excess and distressed inventory is just beginning,” Janovec concluded.

The Top 100 retailers as ranked by STORES Magazine can be viewed at: http://www.stores.org/pdf/06%20JULY%201-100%20Chart.pdf

Per this plan, BizAuctions is targeting a number of retail facilities of Top 100 retailers that may be suited to its service offering. BizAuctions has begun an introductory marketing program to solicit Liquidation Services Contracts with select Top 100 Retailer facilities. There is no assurance that the Company’s solicitation efforts will be successful. Retailers, distributors, manufacturers and other parties in need of inventory liquidation services are encouraged to contact the BizAuctions Sales Department at (800) 961-3275 or sales@BizAuctions.com.

A virtual tour of BizAuctions’ facilities and flash video presentation can be viewed at http://www.bizauctions.com/tour.shtml.

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.

At $60 billion, BizAuctions is targeting an enormous market while helping companies solve one of their greatest problems. 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. We consign, we buy, and we liquidate through 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 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.

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.

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.