GMAI to Hold Featured, Branded Position On New eBay Great Collections Web Site.WEST CALDWELL West Caldwell, borough (1990 pop. 10,422), Essex co., NE N.J., a residential suburb of Newark and New York City; inc. 1904. It has some light manufacturing. , N.J.--(BUSINESS WIRE)--Sept. 21, 1999-- Greg Manning Auctions, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : GMAI GMAI Global Media AIDS Initiative GMAI Greg Manning Auctions, Inc ), one of the world's leading Internet full service auction houses, and eBay(R) (NASDAQ: EBAY), the world's leading person-to-person online trading community An online trading community exists to provide its members with a structured method for trading, bartering, or selling goods or services. These communities often have forums and chatrooms designed to facilitate communication between the members. , announced today that eBay's new Great Collections website will launch this Fall, with GMAI and the GMAI brand featured on the home page of the new eBay category. As a result, GMAI will gain access to eBay's 5.6 million member community of auction buyers and sellers. While GMAI's home website will remain independent, the Company will also become an important branded seller within the world's largest trading community. GMAI will offer stamps, sports trading cards, diamonds, coins, paper money, sports memorabilia, movie posters, comic books, autographs, Hollywood & Rock `n Roll memorabilia, antiquities, and fine art on the new eBay site. All of GMAI's offerings on the Great Collections site will be clearly designated as GMAI listings. Additionally, GMAI will have its own pages on the Great Collections site which will contain the GMAI logo, "Trusted by Serious Collectors" banner, as well as direct links to the company's Great Collections offerings. The GMAI page on the Great Collections site will also contain a consignment "button" and a link to a special "About Me" page that will describe Greg Manning Auctions and provide the company's address and other contact information. Greg Manning, GMAI's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated, "Our alliance with eBay and participation in eBay's new premium "Great Collections" category is a significant component of our global Internet strategy. As a result of our branded position and the clear designation of our listings as GMAI offerings, the Great Collections concept is a true benefit for all buyers and consignors. Moreover, with our involvement, eBay's members will gain access to our rich selection of high quality and GMAI guaranteed offerings, direct from the eBay site. They also will be able to view our offerings in the eBay format which they know and understand, and make bids using procedures and tools that they are comfortable using." John Gallo, CEO of eBay's full service Butterfield & Butterfield division, commented: "We're honored by Greg Manning Auctions, Inc.'s participation in the launch of our new Great Collections initiative. Their standing as one of the leading collectibles companies, not just in North America but globally, as well as their world renowned reputation for customer service and rich selection of collectibles offerings, demonstrates why we at eBay/Butterfields are excited by the Great Collections initiative and confident of its success." When the Great Collections initiative launches this Fall, GMAI will, like all participants, be limited to 100 lots in the initial auction, which will last 7 days. After the inaugural auction, GMAI will offer 500 to 1000 lots of select collectibles in 3, 7 and 10 day auctions. The value of these offerings will range from $100 to several million dollars each. Highlights of the inaugural auction will include a limited edition Millennium Diamond inscribed in·scribe tr.v. in·scribed, in·scrib·ing, in·scribes 1. a. To write, print, carve, or engrave (words or letters) on or in a surface. b. To mark or engrave (a surface) with words or letters. by DeBeers, fine contemporary art, coins and stamps. Significant items from auctions will include the most popular United States stamp, the Inverted Jenny; an exceedingly rare $4.00 Gold Stella United States coin; art by Tobiasse and Papart; scarce movie posters; and a plethora of diamonds including stones valued at over $100,000 each. A selection will also be available for viewing during the gala "launch event" to be held in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of City's Carriage House on October 19, 1999. GMAI stated that company operations and coordination of the Great Collections initiative will be managed by Melissa Goldberg, GMAI's newly appointed Senior Vice President of Operations. Ms. Goldberg has been with Teletrade, Inc., GMAI's Internet auction subsidiary, since 1991 and has managed all of Teletrade's day to day operations for the past six years. About Greg Manning Auctions: Greg Manning Auctions, Inc. is a full service auctioneer of a wide range of collectibles and diamonds, as well as the nation's leading stamp auction house and one of the largest in the world. It is the first publicly owned auction company to hold real-time auctions simultaneously over the Internet and via telephone, while providing confidential transmission of bidder and seller information. Greg Manning Auctions, Inc. possesses more than 30 years of auction experience, as well as a full staff of experts in each of the product categories in which it operates. GMAI is also distinguished by its long established and well-entrenched relationships with suppliers of quality collectibles throughout the world, and by its aggressive global strategy. In early 1999, GMAI formed GMAI-ASIA.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. , which opened offices in Beijing, China and recently launched its web site www.gmai-asia.com. In July, 1999, GMAI created GMAI-EUROPE.COM in partnership with Afinsa Bienes Tangibles, S.A., one of the leading collectibles companies in Europe specializing in stamps, fine art and coins. GMAI's websites are: www.gregmanning.com and www.teletrade.com. Its common stock is traded on the NASDAQ SmallCap system under the symbol GMAI, and on the Boston Stock Exchange The Boston Stock Exchange (BSE) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October 2nd, 2007 Nasdaq agreed to acquire BSE for $61 million. under the symbol GGM GGM Great-Grandmother GGM Glucose/Galactose Malabsorption GGM Gravity and Granular Materials GGM Gravity Gradient Mode GGM Gravity Gradiometer Mission (NASA) . Statements in this press release that relate to future plans, objectives, expectations, performance, events and the like are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and the Securities Exchange Act of 1934. Future events, risks and uncertainties, individually or in the aggregate, could cause actual results to differ materially from those expressed or implied in these statements. Those factors include the parties' abilities to develop, implement, integrate, and launch the services and offerings described herein, and other factors discussed in the "forward-looking information" or "risk factors" sections included in the companies' prospectuses, quarterly reports on Form 10-Q Form 10-Q See 10-Q. , and annual reports on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . This 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 Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. 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