AuctionAnything.com has three (3) primary lines of business. The majority of AuctionAnything.com's revenue
is generated through an inventory-based Internet auction called SportsAuction
(http://www.SportsAuction.com). SportsAuction generates revenue by procuring specialty merchandise at
the wholesale level and selling it at retail through an online auction format. Examples of a typical inventory
would include autographed items (such as photos, jerseys, balls, hats, etc.), sports memorabilia (such as
trading cards), and other miscellaneous collectibles. Most auctions run for one (1) week and contain between
500 and 3000 lots.
AuctionAnything.com is leveraging SportsAuction's existing assets and infrastructure, including its auction
engine and extensive customer database, to expand into two (2) other business areas. First,
AuctionAnything.com has launched its Auction Business Solutions (ABS) division. This business unit focuses
on providing Internet auction solutions for companies and organizations that wish to augment their
e-commerce efforts with an automated auction system.
AuctionAnything.com believes that the highest growth rates in the online auction marketplace will take place in
the business-to-person and business-to-business space. AuctionAnything.com's ABS division is focused on
providing solutions to this potentially explosive segment of the auction marketplace. While most of
AuctionAnything.com's business solutions are anticipated to be auction-centric, the company will focus on
identifying and pursuing specialty e-commerce market segments where its modular technologies can be
deployed in a "first-to-market" attempt.
In addition to the SportsAuction and ABS divisions, AuctionAnything.com provides a person-to-person trading
community Auctions.AuctionAnything.com that supplements the network of ABS sites. This site offers
participants the ability to purchase and/or sell their own items through either a classified or auction format.
AuctionAnything.com, Inc. is the parent company of North Orlando Sports Promotions, Inc. (NOSP) which
operates SportsAuction. Gross revenues for NOSP were approximately $409,000 in 1998 up from
approximately $222,000 in 1997. NOSP had a net loss of approximately $4300 in 1998 down from a net gain of
approximately $17,000 in 1997.
For more information, please contact: Martin M. Meads, Investor Relations 407.481.2140
Recent News:
November 2, 1999 – AuctionAnything.com Files Registration Statement with SEC – Business Wire
October 22, 1999 – – Business Wire AuctionAnything.com CEO Interviewed by Wall Street Reporter
October 14, 1999 – SportsAuction.com Recognized By New York Times and TuneInSports.com – Business
Wire
September 22, 1999 – Even Beyond the Big Guys, a Wealth of Auction Choices – New York Times
September 7, 1999 - Datalink.net Introduces Capability to Send Real-Time Alerts to Any Wireless Device at
an AuctionAnything.com Web Site – PR Newswire
August 17, 1999 - SportsAuction Hosts Its Largest Auction Ever; This Week's Auction Approaches $0.5
Million Milestone – Business Wire
July 27, 1999 - AuctionAnything.com Teams With Datalink.net to Wirelessly Enable Auctions – Business Wire
July 8, 1999 - AuctionAnything.com Building Momentum - Business Wire |
