BizAuctions Outlet-Retail Store Sales Gain in October

SAN DIEGO, Nov. 4, 2010 /PRNewswire/ -- BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay and Amazon liquidation services for excess inventories, overstocks, and returns, announced today that October sales for the Outlet Store have increased significantly over September.

Delmar Janovec, BizAuctions' CEO, comments, "Our Outlet-Retail store continues to make great progress with October sales of approximately $37,212.00. This was an increase of approximately $11,252 or 43% over September sales for the Outlet Store, and a number that we are pleased with since the Outlet Store only opened in mid-August of this year. BizAuctions customers base is continuing to grow rapidly due to the assortment of name brand merchandise that we offer in clothing, household items such as refrigerators, washers and dryers, vacuums, rug shampooers, coffee pots, linens and bedding items, and name brand electronics such as Sony, Toshiba, Panasonic, Vizio, Sharp, and Samsung - all at prices significantly below retail. Our customers appreciate the variety of merchandise available, whether it is brand new or slightly used that is still in new-like condition, and at affordable prices. With the progress we have experienced since the opening of the Outlet-Retail store, and the approaching Holiday season, the months of November and December should see significant gains in sales." (For photos of our current Outlet Store, please view the attached link at, http://www.bizauctions.com/outlet/ )

"BizAuctions opened its 1st retail store on May 29, 2009 in the Chula Vista Center in Chula Vista, CA, next to Macy's, an anchor store, and PacSun retail stores, under the name of "Lucky 7's" in order to sell its name brand higher-end clothing such as Polo, Ralph Loren, Buffalo and Lucky jeans, Ed Hardy shirts, PING sports apparel, and other name brands that bring higher retail prices at Lucky 7's versus its customary eBay and Amazon business platforms, noted CEO, 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 [e-mail] or [phone]. 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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