Ableauctions -- Historical Auction Data to Serve as an Invaluable Tool for Bidders as Heritage Auction Galleries Surpasses 1 Million Coins in Permanent Auction Archives.

DALLAS -- Ableauctions.com (AMEX:AAC) announced today that it expects to see an increase in the amount of historical data available to its bidders for research as Heritage Auction Galleries, the world's largest collectibles auctioneer, surpasses the one million mark in their permanent auction archives.

"We're very proud to announce that, as of March 7, 2006, HeritageAuctions.com now displays more than 1 million results in the numismatic portion of its Permanent Auction Archives," said Jim Halperin, Co-Chairman of Heritage Auction Galleries. On that date, there were 841,966 coin lots, and 158,965 currency lots in the Archive, for a total of over one million numismatic items.

"The Permanent Auction Archives is an invaluable research tool," Halperin explained, "that is provided free of charge to all of Heritage's registered bidder-members. By using the archives, collectors can research the results from all of Heritage's previous auctions. Each lot is presented with enlargeable, full-color photos, its complete catalog description, the date of the auction, and, if applicable, the price realized. In short, everything the savvy collector needs in order to make smart bidding and buying decisions for future auctions and purchases."

"Heritage is the only auction firm in the world to make this much information quickly and easily available to its clients," Halperin said. "It's part of our commitment to providing the most information possible to our clients, in order to make them smarter and more confident collectors."

To become a registered bidder-member, with full access to the Permanent Auction Archives and a host of other benefits, please visit the Heritage website, http://www.HeritageAuctions.com.

About iCollector.com

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.

Visit www.icollector.com or www.icollector.com/ourTechnology.aspx.

About Ableauctions.com

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 [e-mail].

This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and the Company's business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the performance of our staff, loss of management personnel, an inability to obtain financing as and when we need it, competition from other on-line auction businesses, our ability to implement or manage our expansion strategy, general economic conditions, our ability to license our software to other auction houses, our ability to acquire profitable companies and integrate them into our business successfully and other factors that are detailed in our Annual Report on Form 10-KSB and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place undue reliance on such statements. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. E.&O.E.