BizAuctions Retail-Outlet Store Reports Strong December Sales

SAN DIEGO, Jan. 4, 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 December sales saw significant increase over November sales.

Delmar Janovec, BizAuctions' President, remarks, "Since the opening of the Outlet store on August 17, 2010, we have seen sales climb from approximately $15,877 for the month of August to December sales of $55,443, an increase of $39,566 or approximately 249%, and an increase of $10,461 or approximately 23% over November sales.  The increase in monthly sales is due in part to our continued growth of our loyal customer base, referrals from our growing satisfied customers, and our marketing efforts through advertisements in the local Hispanic publication, CUPOMANIA. Our customers are very satisfied with the name brand merchandise being sold in the areas of clothing, general merchandise, appliances, electronics and household items--all at prices that are considerably below normal retail. December has proved to be a record month for Lucky 7's Outlet store and I believe we will continue to see many more record months in calendar year 2011." (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, and 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 some electronics that will generally bring higher retail prices at Lucky 7's Outlet versus its customary eBay and Amazon business platforms. We anticipate that store opening in February 2011, noted President, 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.