FIFE, WASHINGTON – December 16, 2004 – Ableauctions.com Inc. (AMEX:AAC) (the “Company”) announced today that it has released 23 additional technology enhancements to its iCollector platform with the objective of further refining the Ebay Live Auction process.

The modifications provide auctioneers with critical time saving tools and better management of the pre and post auction process. Enhancements range form demographic real time reporting and charting to automatic invoicing with PayPal integration.

Highlights of the iCollector tool set can be viewed at: http://www.icollector.com/ourTechnology.aspx

About iCollector.com

iCollector.com is a wholly owned subsidiary of Ableauctions and is the independent connection to the world's auction houses. It was the first company dedicated to trading antiques, fine art and premium collectibles on the Internet and today represents some of the world's leading auction houses. Since January 2001, it has broadcast hundreds of live auctions in real-time on eBay Live Auctions, directly from the salesroom as the auction happens. iCollector can help you find, buy or sell art, antiques and collectibles online.