BizAuctions Secures New Contract in 3rd Qtr. 2008

  
    
  
  
    
      BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial 
      eBay liquidation services for excess inventories and overstocks, secures 
      a new contract in 3rd Qtr. 2008 with one of the top 50 
      retailer-wholesalers in the USA, involving liquidation services.
    
    
      “BizAuctions' eBay business model continues to grow with a top 50 
      retailer-wholesaler by securing another commercial liquidation contract 
      in the 3rd Qtr. of this year and BizAuctions is currently in 
      discussions for additional contracts. The contract demonstrates 
      management’s commitment to provide excellent liquidation services for 
      our clients and it is clear that U.S. corporations are in need of 
      quality liquidation services," commented Delmar Janovec, CEO.
    
    
      “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. BizAuctions consigns, buys inventory, and 
      liquidates through eBay,” continues Janovec.
    
    
      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 [e-mail] 
      or [phone]. A virtual tour of BizAuctions’ facilities and flash 
      video presentation can be viewed at http://www.bizauctions.com/tour.shtml.
    
    
      The Company encourages the public to read the above information in 
      conjunction with its year-end financial statement for December 31, 2007, 
      and the Quarterly statements filed in 2008. The financial statements can 
      be viewed at www.pinksheets.com.
    
    
      About BizAuctions, Inc.:
    
    
      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.
    
    
      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.