FIFE, Wash.--March 8, 2005--Ableauctions.com Inc. (AMEX:AAC) (the "Company") announced today that it expects to release financial results for its fiscal 2004 fourth quarter/year end on Wednesday, March 30th before the market opens.

The complete text of the release and financial statements will also be available through the Company's website at www.ableauctions.com.

About Ableauctions.com

Ableauctions.com is a high-tech auctioneer that conducts auctions live and simultaneously broadcasts them over the Internet. With the experience of over 3,000 auctions, the Company has developed state-of-the-art technology to broadcast Internet auctions (www.ableauctions.com/technology) and currently provides technology and related services to auction houses, enabling them to broadcast auctions over the Internet. For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information, contact Investor Relations at investorrelations@ableauctions.com.