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rpt

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Friday, 08/13/2004 11:36:54 AM

Friday, August 13, 2004 11:36:54 AM

Post# of 96
Qualifying Process Begins for Auction Mills Franchisees
Thursday August 12, 4:10 pm ET


DALLAS--(BUSINESS WIRE)--Aug. 12, 2004--Auction Mills Inc. (Pink Sheets:AUML - News) is excited to announce the first part of September they will begin the qualifying process for potential franchisees. Auction Mills will first focus its qualifying efforts in the Dallas/Fort Worth and surrounding areas, followed by Texas and then across the nation.
Focusing on the Dallas/Fort Worth area will give Auction Mills a base from which to expand its efforts. In the Dallas/Fort Worth area there have been 39 requests for franchise information, which represents a potential of 193 franchises: 11 area developers (15 stores per area developer) and 28 single store requests.

For the State of Texas, Auction Mills has received 128 requests for franchise information representing a potential of 660 franchises: 38 area developers (15 stores per area developer) and 90 single store requests.

To date Auction Mills has received a grand total of 1517 requests for franchise information representing a potential of 9,469 franchises: 568 area developers (15 stores per area developer) and 949 single store requests.

The Auction Mills training facility is located at 2917 Elm Street, Suite C, Dallas, Texas, and will serve to prepare potential franchisees and area developers to enter into the online marketing business. The training will educate these potential franchisees and area developers on the details of drop off store business structure and management techniques, software and hardware required for inventory evaluation and pricing and many other necessary aspects involved with online marketing.

Auction Mills supplies the public with a convenient, professional and confidential approach to participating in the eBay online marketplace. Experienced eBay auctioneers provide customers with a method of turning unused items into cash. The Company actually takes possession of the items to be auctioned eliminating the hassle and wasted time associated with the selling process and allows customers an opportunity to benefit from the existing relationship that Auction Mills Inc. has with eBay. Management intends to cultivate a worldwide network of franchises that will work unanimously to offer the public the most effective tool available for online marketing.

Matters discussed in this press release are "forward-looking statements." Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated.

For more information about Auction Mills Inc. and opportunities associated with owning your own Auction Mills location: www.auctionmills.com



--------------------------------------------------------------------------------
Contact:
For Auction Mills Inc.
Patrick Arnett, 281-999-7721



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