FIFE, Wash.--Dec. 22, 2004--Ableauctions.com Inc. (AMEX:AAC) (the "Company") announced today that the client user base for its iCollector operations and services has increased by 75% following key additions to its technology platform. The Company expects this sector of its business model to demonstrate significant growth in 2005.

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.