Two-pronged Strategy Focuses on Business-to-Business and Consumer Markets VALENCIA, Calif., Aug. 30 /PRNewswire-FirstCall/ -- AuctionCities.com, Inc. (OTC:AUCC), the originator of "Micro-auctioning," local geographically oriented online auctions; today announced that they will create a unique automotive-focused marketplace using their innovative technology platform. The AuctionCities.com Automotive Marketplace will target both business-to- business (B2B) as well as business-to-consumer (B2C) markets. (Logo: http://www.newscom.com/cgi-bin/prnh/20080810/LAW062LOGO ) AuctionCities.com intends to include the inventory databases of major national automotive aggregators into its Business-to-Business Marketplace at http://www.auctioncities.com/. New and previously owned vehicles will be offered for sale at either a fixed price or via auction format. This Marketplace will give local automobile dealers direct access to automotive wholesalers' inventory from the convenience of their desktops. Revenues from the B2B Marketplace will be generated from leads garnered through AuctionCities.com. In the Business-to-Consumer (B2C) Marketplace, local automobile dealerships will be the foundation of the automobile inventory. Revenues in the B2C Marketplace will come from dealer advertising and sales commissions, which are based on the final sale amount of an item. "We are highly confident that the interest in our Automotive Marketplace and the increased traffic to the AuctionCities.com website, will enable us to expand into a consumer-to-consumer model as well," said Michael Berman, AuctionCities.com, Inc. CEO. "In keeping with our 'Micro-auctioning' identity, we will be sorting the inventory of national companies and listing by the location of that product in major U.S. cities, currently available to the public in 157 markets, through our patent-pending feature 'Shop Your Zip-code.' AuctionCities.com is currently planning similar ventures in the Real Estate, Consumer Electronics and other categories," Berman concluded. About AuctionCities: AuctionCities.com, Inc., is the originator of "Micro-auctioning," local geographically focused online auctions marketed as "Shop your Zip-code." AuctionCities.com is the state-of-the-art alternative and convenient way for local auctioning and shopping. We host local auctions for geographies represented by more than 40,000 U.S. Zip-code specific sites and prioritized 156 metropolitan areas using our patent pending business methods and technology. Forward-Looking Statements: The factors discussed below and elsewhere in this Memorandum could adversely affect the value of the Company's Common Stock. In addition, the factors discussed below and elsewhere in this Memorandum may constitute forward-looking statements and, as such, may involve known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements or the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Any forward-looking statements contained in this Memorandum should not be relied upon as predictions of future events. Such forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," "could," "seeks," or anticipates," or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy. Such statements are necessarily dependent on assumptions, data or methods that may be incorrect or imprecise and they may be incapable of being realized. The following factors may constitute or include cautionary, forward-looking statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties that could cause actual results to vary materially CONTACT: Publicity Department AuctionCities.com, Inc. 866-587-8921 http://www.newscom.com/cgi-bin/prnh/20080810/LAW062LOGODATASOURCE: AuctionCities.com, Inc. CONTACT: Publicity Department at AuctionCities.com, Inc., +1-866-587-8921, Web site: http://www.auctioncities.com/

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