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December 09, 2003
Ableauctions Announces iCollector To Expand Operations And Server Capacity FIFE, WASHINGTON - December 9, 2003 - Ableauctions.com Inc. (AMEX:AAC) (the "Company") announced today that effective January 2004, it intends to expand its iCollector operations in the East Coast with the addition of a satellite office in Toronto, Ontario to complement its existing presence in Buffalo, New York. The Company also announced that it intends to install an optimized server array in the first quarter of 2004 in order to handle the higher than expected Internet traffic. The expansion of operations and servers is reflective of the Company's commitment to maintain industry leadership in its auction technology and auction services, and to satisfy growing industry demand for its services both in the East Coast and nation wide. 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 3,000 auctions, the Company has developed its own technology to broadcast auctions over the Internet (www.ableauctions.com/technology) and currently provides the 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.About iCollector.com iCollector.com is a wholly owned subsidiary of Ableauctions and is the independent connection to the world's auction houses. Founded in 1994, it was the first company dedicated to trading antiques, fine art and premium collectibles on the Internet. Today iCollector.com represents some of the world's leading auction houses. Since January 2001, its alliance with eBay Live Auctions has resulted in hundreds of Live Auctions being broadcast in real-time, directly to the salesroom as the auction happens, selling tens of thousands of lots to many thousands of users online. With its unparalleled understanding and expertise in this sector, iCollector can help you to maximize your opportunities to find, buy or sell art, antiques and collectibles online. |