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Ableauctions.com seen in today's Globe and Mail -- Report on Business.


BURNABY, B.C.--(BUSINESS WIRE)--Oct. 18, 1999--

Ableauctions.com, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:ABLC ABLC Affect-Based Language Curriculum
ABLC Amphotericin B Lipid Complex
ABLC Absorbing Branch-Line Coupler
) (the "Company), a high tech business-to-business and consumer auctioneer that conducts live auctions and simultaneously broadcasts them over the Internet, is pleased to announce that the company can be seen in today's Globe and Mail -- Report on Business, on page B6.

There will be informative and up-to-date information on the Company as well as reference to the announcement released last Friday where eBay will host all of Ableauctions Silent Auction Inventory. The Globe and Mail is a well known financial publication with national distribution.

About Ableauctions.com, Inc.

Ableauctions.com is a high tech business-to-business and consumer auctioneer that conducts live auctions and simultaneously broadcasts them over the Internet. The Company liquidates a broad range of computers, electronics, office equipment, furniture, and industrial equipment acquired through bankruptcies, insolvencies, and defaults. Ableauctions.com's strategy is to position itself as a world class Internet auction company. Ableauctions.com can be found on the World Wide Web at www.ableauctions.com. Some of the other Company's that are in the Internet auction industry include: E-bay (Nasdaq:EBAY), Amazon (Nasdaq:AMZN AMZN Amazon.com (NASDAQ symbol) ), UBID UBID Union Bay Improvement District (Vancouver Island, BC, Canada)
UBID Uganda Baha'i Institute of Development
UBID Universal Biometric Identity
 (Nasdaq:UBID), Bid.com (Nasdaq:BIDS) and Onsale.com (Nasdaq:ONSL ONSL Old North St. Louis (neighborhood just north of downtown St Louis, MO)
ONSL Optical Network Simulation Layer (VPI)
ONSL Organization Nationale des Syndicats Libres
).

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement

Some statements in the report are forward looking and are subject to certain risks and uncertainties. These risks and uncertainties include, but are not limited to, economic conditions, changes in law or regulations, demand for products and services of the company and the effect of competition. These risks and uncertainties could significantly affect anticipated results in the future and actual results may differ materially from any forward-looking statements.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 18, 1999
Words:274
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