Ableauctions-iCollector Partners With GoAntiques to Increases Bidder Base Using the New 'LotCaster' Product

July 13, 2006; 03:17 AM

Ableauctions.com announced that it will partner with GoAntiques.com through its subsidiary iCollector in order to provide selected iCollector and NAALive auction houses with increased marketing and bidder traffic.

GoAntiques.com offers more than 450,000 items from more than 1,800 dealers in 29 countries. More than 1 million visits are logged on GoAntiques.com each month, and over 250,000 people are registered as GoAntiques.com buyers. GoAntiques.com also offers PriceMiner(R), the antique industry's leading service for determining historical pricing for arts, antiques and collectibles. PriceMiner(R) is available in many libraries nationwide.

Utilizing GoAntiques.com's new LotCaster product, iCollector and NAALive clients will now be able to upload their auction catalogues to the GoAntiques.com site at a discounted rate in order to increase bidder traffic. Jim Kamnikar, president and chief executive officer of GoAntiques.com, said that not only will iCollector users be able to take advantage of GoAntiques.com's large buyer base, but they will also be able to benefit from the FIND Item Alert feature. "Our FIND feature notifies buyers by email when an item they're looking for is available," Kamnikar said. "FIND is constantly combing the network for items on alert, satisfying buyers by providing extremely targeted results that match their criteria."

iCollector.com (www.icollector.com) is the pre-eminent supplier of live online auction technology and services to some of the world's most prestigious galleries and industrial auction houses and operates one of the largest eBay Live Auction sales and support centers in the world. It is the only auction technology company to be endorsed by the National Auctioneers Association (NAA) and has partnered with eBay Live Auctions in streamlining the process of broadcasting auctions real-time on the Internet. iCollector's technology enables auction houses to open their establishments to the world by allowing online bidders to participate in real-time on the auction floor.

Ableauctions.com Inc. (www.ableauctions.com/) 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 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.

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