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December 15, 2003
Dakota Based Farm And Estate Auctioneer Signs 3-Year Contract With Ableauctions FIFE, WASHINGTON - December 15, 2003 - Ableauctions.com Inc. (AMEX:AAC) (the "Company") announced today that is has entered into an agreement with North Dakota based Curt D. Johnson Auction Company (the "Client") to broadcast their Internet auctions exclusively for a period of three years. Under the terms of the agreement, effective November 15, 2003, Ableauctions will broadcast all of the Client's Internet auctions exclusively for a period of three years either on its own technology or through eBay Live Auctions. The Curt D. Johnson Auction Company has over 30 years of experience conducting farm auctions and estate sales and runs approximately 30 general auctions per year. The introduction of the online bidding technology to their core business is expected to improve the dynamics of the auction as floor bidders now compete with a worldwide Internet audience. The increased exposure also enables the auction house to reach a higher profile among consignors and buyers alike. 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. |