SAN DIEGO, Feb. 10, 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 the Company has secured its 2nd new
liquidation-salvage contract in February with a Top
Retailer-Wholesaler.
(Logo:
http://photos.prnewswire.com/prnh/20110210/LA45929LOGO)
Delmar Janovec, BizAuctions' CEO,
comments, "BizAuctions has secured another salvage-liquidation
contract with one of the Top 10 Retailer-Wholesalers in the
USA, in February, making this the
2nd contract awarded in this calendar year, 2011. The addition of
this new salvage-liquidation contract demonstrates the confidence
the Retailer-Wholesaler has with the performance of BizAuctions and
is in line with our goal of securing additional salvage-liquidation
contracts with this Retailer-Wholesaler in the States of
California, Arizona, and Nevada. BizAuctions will purchase
overstocks, excess inventory, close-outs, and returns from the
Retailer-Wholesaler and at considerable discounts from retail
pricing for clothing, general merchandise, household items,
appliances, and electronics. Management is committed to providing
excellent liquidation services for our clients through our eBay or
Amazon Platforms, current BizAuctions Lucky 7's
Retail-Outlet store, and our new planned Lucky 7's
Retail-Outlet store in San Ysidro,
CA. U.S. companies are in need of the quality
liquidation services that BizAuctions continues to provide to its
clients.
"With the addition of this new salvage contract and our existing
contracts BizAuctions has maintained with this Retailer-Wholesaler
for the last several years, will provide sufficient name brand
merchandise in areas such as clothing, general merchandise,
appliances, household items, and electronics for our current
BizAuctions Lucky 7's Retail-Outlet store and the new
planned store, Lucky 7's Retail-Outlet, in San Ysidro. The new Outlet-Retail store will
allow the Company to sell a broader assortment of products in the
areas of general merchandise, electronics, and name brand
clothing such as Polo, Ralph Lauren,
O'Neill, Buffalo and Lucky jeans, Ed
Hardy shirts, PING sports apparel, and other name brands. We
are looking forward to finalizing the lease with the landlord and
moving into the space upon the completion of the tenant
improvements in March of this year." (For photos of our
current Outlet Store, please view the attached link at,
http://www.bizauctions.com/outlet/ )
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 and Amazon liquidation services
to Fortune 1000 enterprises, BizAuctions is a clear and lucrative
solution for most any business to liquidate excess inventory on its
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 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/
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.