FIFE, WASHINGTON - July 26, 2004 - Ableauctions.com Inc. (AMEX:AAC) (the "Company") showcased it's industrial auction platform NAA LIVE at the largest auction industry event in North America, the 55th International Auctioneers Conference and Show in Madison, Wisconsin July 13th - 17th.

The NAA LIVE platform was launched in conjunction with the National Auctioneers Association to provide it's plus 6,000 members with a powerful tool that allows them to conduct live auctions simultaneously in person and on the Internet.

A highlight of the conference was the International Auctioneer Championship, which was held on Friday July 16th. A large field of professional auctioneers competed to win the titles of male and female champion of 2004. Throughout the day contestants competed in a live auction that was simultaneously broadcast on-line utilizing the NAA LIVE technology. Both the Internet and floor bidding was brisk making for a challenging and fast paced competition. Winners received prize packages that included $10,000.00 in cash, a championship ring and trophy. Winners also commit to a variety of public appearances and speaking engagements throughout the year.

NAA Live enables auctions to open their auction floors to the world. From agricultural equipment, to real estate, to automotive and livestock, every single market segment will benefit from this emerging technology that has the potential of changing the way auctions do business in the future.

According to Harris Interactive research, over a half million US auctions generated $200 billion in sales last year alone and Internet Auctions accounted for 24% of the Consumer Spending at Auction in 2003.

To view a library of pictures, visit naalive.com.