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Net2Auction, Inc. NAUC) today announced
nine additional contracts for liquidation of business inventory for
various commercial clients in businesses including communications,
sports merchandise, and computer hardware.
(Pink Sheets: The one-time contracts (Business Inventory/Auction Consignment
forms) called for Net2Auction to provide liquidation of these
businesses' select inventories through eBay.
"These commercial liquidation jobs tend to be excessively larger
than typical consumer jobs, and are generally proving to be quite
lucrative for the Company. With the addition of these nine contracts,
our commercial liquidation business seems to be taking off," noted
Delmar Janovec, Net2Auction's CEO.
"The recent success in landing business liquidation contracts has
prompted us to devise aggressive growth plans for that division of our
business. We are continually pursuing new commercial liquidation
contracts, and we see this channel as a key growth aspect of our
business," Janovec added.
Net2Auction is a leading provider of auction drop off services
that allow people to easily sell their items on eBay by dropping
unwanted goods off at company locations. Net2Auction's virtual store
tour and promotional video can be viewed at
http://www.net2auction.com/videos.html.
Net2Auction is positioning itself to be the fastest growing
company in its space in terms of establishing eBay drop-off locations
at a faster rate than any other company in the marketplace.
Net2Auction allows people to easily sell their items on eBay by
dropping unwanted goods off at company locations. The Company provides
a full-service eBay auction listing program that boasts a customer
satisfaction rating that exceeds 99%. Selling on eBay with Net2Auction
is easy -- customers just bring valuable, yet unwanted goods into a
Net2Auction drop-off location and we do all of the work.
Customers can get in and out of our store in less than five
minutes, and we take care of all the eBay selling tasks including
product description, photos, payment processing and collection, and
shipping. In exchange for providing eBay drop-off and consignment
services to its customers, Net2Auction charges a service fee against
the final sale price of the item.
With national expansion plans, Net2Auction currently offers eBay
drop-off services at 47 locations through partnership with pack and
ship centers, as well as backend processing services for 25 affiliate
eBay drop-off locations in 16 states.
Net2Auction has a winning formula for success; we have manageable
cost of inventory, we are undergoing rapid expansion, and we earn
lucrative consignment fees while making our customers money.
As auction drop-off services such as Net2Auction are gaining the
momentum that has been expected, industry analysts expect this
exponential growth to continue.
More information is available at www.Net2Auction.com. Investors
and media can receive a free investor kit for Net2Auction, Inc. by
contacting Investor Relations at [e-mail] or
800-450-1935. Net2Auction's virtual store tour and promotional video
can be viewed at http://www.net2auction.com/videos.html.

ABOUT NET2AUCTION

Net2Auction, Inc. (Pink Sheets:NAUC) is a leading provider of
auction drop-off services that allow people to easily sell their items
on eBay by dropping unwanted goods off at Net2Auction locations.
Getting its customers in and out of its drop-off locations in less
than five minutes, the Company offers a full-service eBay listing
program that requires almost no effort on the customers' part.
Currently offering eBay drop-off services at 47 locations and
backend processing services at 25 affiliate locations in 16 states,
Net2Auction's growth is fueled by the increasing number of consumers
who would like to sell unwanted goods on eBay but don't have the time,
energy, or know-how to do so.

Net2Auction -- You bring it in. We auction it online.

The information contained in this press release may include
forward-looking statements. Forward-looking statements usually contain
the words "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
products, competition, limited service and manufacturing facilities,
dependence on technological developments and protection of its
intellectual property. The Company's actual results could differ
materially from those discussed herein.



KEYWORD: NORTH AMERICA CALIFORNIA NEVADA UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY INTERNET RETAIL SPECIALTY CONSUMER PRODUCT/SERVICE
SOURCE: Net2Auction, Inc.


CONTACT INFORMATION:
Net2Auction, Inc.
Investor Relations, 800-450-1935
[e-mail]
www.Net2Auction.com