70+ Homes Nationwide to Be Sold Without Reserve During the "Live Televised Absolute Auction" on August 22, 2009.

Auction to Broadcast Live on Dish Network Ch. 217 and DirecTV Ch. 347 and Can Be Viewed Globally on www.auctionnetwork.com

3:00 p.m.-7:00 p.m. EDT / 2:00 p.m.-6:00 p.m. CDT / 12:00 p.m.-4:00 p.m. PDT

TULSA, Okla. -- More than 70 single family homes will be sold without reserve to the highest bidders during a live televised absolute real estate auction on Saturday, August 22, 2009 from 3:00 p.m. - 7:00 p.m. EDT. Auction Network (www.auctionnetwork.com) in partnership with Williams & Williams worldwide real estate auction (www.williamsauction.com) today announced that interested buyers from around the globe can bid in person, online or over the telephone on homes in Ohio, Florida, Missouri, Indiana, Arizona and other states across the country. The auction is expected to attract those looking to take advantage of the federal government's stimulus tax credit of up to $8,000 for first time homebuyers, as well as real estate investors of all sizes.

"We are excited to present the second in our series of live, televised absolute auctions on the heels of our first successful event on June 20th," said Auction Network General Manager Fontana Fitzwilson. "The format puts viewers at the front of the auction action allowing them to bid real time from the comfort of their home or office. This innovative format creates a whole new marketplace that few real estate sellers have been able to experience."

The live event coverage will broadcast nationally on ION Television Network on Dish Network Ch. 217 and DIRECTV Ch. 347, and will be open to the public at ORU Golden Eagle Broadcasting Center or online at www.auctionnetwork.com. Buyers planning to bid remotely via the Internet are encouraged to pre-register. Bids can also be placed over the telephone during the live event by calling 1-866-231-8011. Virtual tours, pictures and complete property details can be found at www.auctionnetwork.com. Bidders interested in purchasing more than two properties during the live auction will need to secure authorization by contacting [e-mail] or by calling 918-407-6556. Authorization must be obtained by Thursday, August 20, at 6:00 p.m. EDT.

"At Williams & Williams we are dedicated to facilitating real estate sales that are open, honest and result in real value," said Pamela L. McKissick, President and COO of Williams & Williams worldwide real estate auction. "An 'absolute' auction provides the most transparent buying experience and gives bidders confidence that the high bidder will be the winner."

About Williams & Williams

Tulsa, Oklahoma-based Williams & Williams, the premier name in real estate auction, is a global auctioneer that offers turn-key solutions from property preservation to closing for all types of real estate including REO, Commercial, Farms and Ranches, and Premier Properties. The company auctions more than a thousand properties every month and offers auction services throughout the United States, serving thousands of individual clients and the U.S.'s largest financial and investment firms and government agencies. (www.williamsauction.com)

About Auction Network

Auction Network was founded in 2007 to create compelling interactive programming that merges the sport and spirit of live auction allowing the audience to not only watch but engage in the thrill of the bidding process from anywhere in the world. The success of Auction Network stems from one simple concept, giving people a front-row seat to the most exciting auctions from anywhere in the world, and the capability to bid in real time like they are there in person via the Internet or phone. Auction Network not only delivers live high-energy entertainment all in high definition but also gives viewers an inside look at the fascinating items for sale, exclusive interviews with owners, experts, designers and celebrities, the history and emotional stories behind the auction items, and live tours of the region where the auction is held. (www.auctionnetwork.com)

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6028756&lang=en.