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CEOcast.com Airs Online Audio Interview With Ableauctions.com President and CEO Abdul Ladha.


Business Editors

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Oct. 6, 2000

Ableauctions.com, Inc. (AMEX AMEX

See: American Stock Exchange
: AAC (Advanced Audio Coding) An audio compression technology that is part of the MPEG-2 and MPEG-4 standards. AAC, especially MPEG-4 AAC, provides greater compression and better sound quality than MP3, which also came out of the MPEG standard. ) (www.ableauctions.com), announced today that Abdul Ladha, President and Chief Executive Officer of Ableauctions.com, was the feature interview on CEOcast.com, an online audio service.

Mr. Ladha highlighted the exceptional growth path of the Company this year and discussed future moves to ensure a continuation of this performance. The interview will be available on the Web site www.ceocast.com through Friday, October 13, 2000.

About Ableauctions.com

Ableauctions.com is a high tech business-to-business and consumer auctioneer AUCTIONEER, contracts, commerce. A person authorized by law to sell the goods of others at public sale.
     2. He is the agent of both parties, the seller and the buyer. 2 Taunt. 38, 209 4 Greenl. R. 1; Chit. Contr. 208.
     3.
 that conducts its auctions live and simultaneously broadcasts them over the Internet. The Company liquidates a broad range of computers, electronics, office equipment, furniture and industrial equipment that it acquires through bankruptcies, insolvencies and defaults. This release and prior releases are available on the Company's Internet Auction web site located at www.ableauctions.com.

This press release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Act of 1934 and are subject to the 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.
 created by these sections. Actual results may differ materially from the Company's expectations and estimates.

This press release and prior releases are available on the KCSA KCSA Krannert Center Student Association
KCSA Kentucky Crushed Stone Association (Frankfort, KY)
KCSA Kyiv City State Administration
KCSA Kalamazoo Christian School Association
KCSA Kentucky-Canadian Studies Association
 Web site at www.kcsa.com and the Ableauctions.com Web site at www.ableauctions.com.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 6, 2000
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