BizAuctions Retail-Outlet Store Sets New Sales Record, February 15

SAN DIEGO, Feb. 16, 2011 /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 sales for the 1st half of February have reached a new high point in revenues.  

(Logo: http://photos.prnewswire.com/prnh/20110210/LA45929LOGO)

Delmar Janovec, BizAuctions' CEO, comments, "BizAuctions-Lucky 7's Retail-Outlet store sales for the first fifteen (15) days of February set a new two (2) week sales record of $42,929.00. Based upon the current trend and the sales for this fifteen day period, BizAuctions-Lucky 7's could very well see sales topping $80,000 plus for the month of February, far surpassing January sales of $68,224. This could result in an increase of over $12,000.00 or a 17% growth in sales for the month. BizAuctions-Lucky 7's customer base continues to grow through the word-of-mouth advertising which has played a significant role in the expansion of our daily, weekly, and monthly sales. Our customers truly appreciate the purchasing power of what a dollar buys when shopping at Lucky 7's Retail-Outlet store and the variety of named brand merchandise that can be purchased such as Sony, Toshiba, Panasonic, Samsung, and Vizio in electronics, and Polo, Ralph Lauren, O'Neill, Lucky and Buffalo jeans, PING sports apparel and other name brands in clothing not to mention the name brands in appliances such as Maytag, Whirlpool, and GE. Based upon the first fifteen (15) days of sales in February, this month should bring another record month in sales for BizAuctions-Lucky 7's Retail-Outlet store with many more record months to come in this calendar year, 2011." (For photos of our current Retail-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, with the ability to sell an expanded array of merchandise 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, and electronics such as Sony, Samsung, Toshiba, Panasonic and Vizio, that will generally bring higher retail prices at Lucky 7's Outlet versus its customary eBay and Amazon business platforms. We anticipate the store opening in March of 2011, 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.

Copyright 2011 PR Newswire