Ableauctions Announces NAA and iCollector's Participation in the 57th International Auctioneers Conference and Show

July 6, 2006; 08:17 AM

Ableauctions.com Inc. announces that it will showcase its live auction technology and enhancements, as well as its iCollector technology and tools, at the largest auction industry event in North America, the 57th International Auctioneers Conference and Show in Orlando, July 10th - 15th.

Highlights of the 57th International Auctioneer Conference include the international auctioneer championship, where auctioneers compete to win the titles as the industry's top male and female bid-callers in live auctions that are simultaneously broadcast on-line utilizing the Company's auction technology. The conference will also be offering educational seminars, and hosting over 50 exhibitors.

Ableauctions and the National Auctioneers Association (NAA) jointly market live auction services to the NAA's estimated 6,500 members under the website "NAAonlinesolutions.com". The site provides members with powerful, effective and economical solutions for broadcasting auctions over the Internet and is the only live auction technology solution platform that is endorsed by the association.

NAALive is an Internet-based broadcast service for NAA members who conduct real auctions. Utilizing NAALive's real-time software, auction houses broadcast over the Internet and online bidders participate in live auctions as if they were physically present at the auction. NAALive also enables bidders to review auction catalogs and place absentee bids prior to an event. NAALive is rapidly becoming the standard for live Internet auctions and the premiere Web site for consumer access to the auction industry. This means thousands more potential bidders for your auctions.

Ableauctions.com Inc. (AMEX "aac") is a high-tech liquidator and on-line auction facilitator that operates the domains iCollector.com, Naalive.com and Unlimited Closeouts.com.

As an on-line auction facilitator, the Company, with the experience of over 3,000 auctions, has developed state-of-the-art technology to broadcast auctions over the Internet (www.ableauctions.com/technology) and currently provides the technology and related services to auction houses, enabling them to broadcast auctions over the Internet. The Company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association (NAA) and art, antique and collectible auctions for numerous galleries and auction houses around the world through eBay Live Auctions.

As a liquidator, the Company, through Unlimited Closeouts, purchases overstocks, order cancellations and discontinued products from major manufacturers and importers, then sells the merchandise to major retail chains, other resellers or the public.

For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information, contact Investor Relations at [email protected]

Ableauctions.com Inc., Karen Grace, 604-521-3369