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Securities Resolution Advisors Inc. Completes Acquisition of Internet Auction, Inc.


WORCESTER, Mass.--(BUSINESS WIRE)--Feb. 25, 1999--Securities Resolution Advisors, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: SRAD SRAD Suzuki Ram Air Direct
SRAD System Requirements Analysis Document
SRAD Sleiman Research and Development (Madison, Alabama)
SRAD System Requirements and Architecture Document
) ("SRAD") announced today that it has completed its acquisition of Internet Auction Inc. ("Auction Inc.").

The terms of the acquisition include provisions for Auction Inc.'s management to assume the management of SRAD.

Auction Inc. is a fully integrated Internet business specializing in collectibles and other memorabilia. In connection with the SRAD acquisition, Auction, Inc. consolidated its inventory and operations held by related companies.

Auction Inc.'s diversified services include:

Auction Inc. Division -- A public person-to-person trading

community that offers sellers a vehicle for listing items for

sale. Buyers can browse for items which are topically arranged and

bid for through a fully automated, exciting, and easy to use

online service. The Auction Inc. division is in competition with

other Internet companies such as eBay Inc. (Nasdaq: EBAY), uBid

Inc. (Nasdaq: UBID), Onsale Inc. (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
), Excite Auction

(Nasdaq: XCIT), and Yahoo Auction (Nasdaq: YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ). The web-site is

located at www.auctioninc.com.

Rotman Auction Division -- A full service consignment The delivery of goods to a carrier to be shipped to a designated person for sale. A Bailment of goods for sale.

A consignment is an arrangement resulting from a contract in which one person, the consignor, either ships or entrusts goods to another, the
 auction

house, has been in business for over 20 years. Rotman Auction

provides a full range of services to sellers and buyers including

live on-line bidding of premier collectibles, consignment

services, authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC.

(2) Verifying the identity of a user logging into a network.
 of merchandise, digital photography, and

the purchase and sale of authentic memorabilia. Richard Rotman the

officer in charge of this division stated "the success of Rotman

Auction has been the authentication of its merchandise and the

assurance that the collectibles are genuine. In addition, we focus

on offering outstanding customer service, attention to detail, and

quality care to each collectible." Rotman Auction is in

competition with other companies such as Sotheby's Holding Inc.

(NYSE NYSE

See: New York Stock Exchange
: BID). The web-site is located at www.rotmanauction.com

World Wide Collectors Digest Division (WWCD WWCD What Would Cthulhu Do?
WWCD What Would Chuck Do?
WWCD What Would Conan Do? (TV, Conan O'Brien joke)
WWCD Winner Winner Chicken Dinner
) -- Established in

1994, this division is the company's premier e-commerce website

for dealers in the collectibles community. WWCD's state-of-the-art

software will allow clients to create online storefronts A store on the Internet that offers items for sale and is capable of handling the financial transaction online. See cybermall and digital money. , set

prices, and sell directly to online shoppers. WWCD contains many

facets including classifieds, live sports scores, live chats, a

full listing of stadium and arenas with seating charts, directions

and other pertinent information. WWCD provides online shoppers

with a broad selection of unique collectible merchandise through

its web-site. WWCD is in competition with other companies such as

Shop At Home (Nasdaq: SATH SATH Society for Accessible Travel & Hospitality
SATH Shop At Home (stock symbol)
SATH Sage Thrasher (bird species Oreoscoptes montanus)
SATH Society for the Advancement of Travel for the Handicapped
). The web-site is located at

www.wwcd.com

Internet Collectibles Division -- maintains a substantial

inventory in memorabilia of popular and historical significance.

"We are pleased to have consolidated various aspects of the

collectible industry under one umbrella. Now online shoppers and

businesses can access all the services and resources they need

from one company on the Internet. We believe the more help we can

provide to the seller with respect to marketing, sales, and

control over their businesses, the more likely both the seller and

buyer will be satisfied," added Marc Stengel, vice president of

Auction Inc.

This 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.
 within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct.
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:Feb 25, 1999
Words:546
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