FIFE, Wash.--Dec. 20, 2004--Ableauctions.com Inc. (AMEX:AAC) (the "Company") announced today that it ranked top in a listing of approximately 175 companies in Reuters Business Services industry ranking of the biggest gainers on December 16, 2004. The Company capped the week with heavy trading activity and strong performance of its stock with news of the Company's intent to aggressively expand its operations following two full years of intensive development, while still maintaining profitability and increasing shareholder's equity.