BizAuctions-Lucky 7's Retail-Outlet Store Sets New High Point with January Sales

SAN DIEGO, Feb. 2, 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 January sales have reached a new milestone in revenues.

Delmar Janovec, BizAuctions' CEO, comments, "BizAuctions-Lucky 7's Retail-Outlet store for January set a new monthly sales record of $68,224.00, surpassing December sales of $55,443 by $12,781.00, an increase of approximately 23%. The BizAuctions-Lucky 7's customer base continues to grow in great strides due to the variety and pricing of our named brand merchandise in clothing, general merchandise, and kitchen appliances, household items such as bedding and towels, and electronics. The demographics of our customers are mostly bargain hunters and seem to be very satisfied with our name brand products, whether it is in clothing, general merchandise, and appliances such as a washer-dryer or refrigerator—all at prices that are considerably less than the normal retail prices charged by some dominant retailers. When a family of four can save hundreds of dollars during their shopping, that is a significant savings in this economic climate. Based upon our December and January sales, I anticipate February should bring another record month for BizAuctions-Lucky 7's Outlet store with calendar year 2011 being very positive." (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, appliances, 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 late February to early 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 [email protected] 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.