BizAuctions Lands New Contract to Provide Liquidation Services
December 12 2008 - 5:20AM
Business Wire
BizAuctions, Inc. (PINK SHEETS: BZCN), a prime provider of
commercial eBay liquidation services for excess inventories,
overstocks and returns, announced today that it has landed a new
contract to provide liquidation services to a California-based home
products company. Delmar Janovec, BizAuctions' CEO noted, "The
client company sells high-end home products such as lamps, tables,
and other types of lighting products. Under the agreement,
BizAuctions has been brought on to liquidate excess and closeout
inventory." "Our team has already begun working under the
agreement, and the liquidation process for this client has begun.
With the excess inventory market near $60 billion, BizAuctions is
targeting an enormous market and business opportunity while helping
companies solve one of their greatest problems." 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. 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. About BizAuctions
� Addressing the $60 Billion Problem 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. The Company encourages the public to read the above
information in conjunction with BizAuctions year-end statement for
December 31, 2007, and the Quarterly statements filed for 2008.
BizAuctions financial statements can be viewed 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,� �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.
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