To: Stock Watcher who wrote (12030 ) 7/8/1999 3:58:00 PM From: Jetta Read Replies (1) | Respond to of 52051
UBUY up on news......... Thursday July 8, 9:21 am Eastern Time Company Press Release AuctionAnything.com Building Momentum ORLANDO, Fla.--(BUSINESS WIRE)--July 8, 1999-- AuctionAnything.com, Inc. (OTC BB:UBUY - news) announced today that it has made significant progress implementing various aspects of its comprehensive business plan. The company hereby announces that it has achieved the following milestones: Launched its Auction Business Solutions (ABS) division. This business unit will focus 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 will focus on providing solutions to this potentially explosive segment of the auction marketplace. Launched its initial advertising and marketing campaign. The company is currently advertising in traditional print media and across the Internet with venues such as Flycast Communications, The Internet Auction List (http://www.internetauctionlist.com) and other reciprocal web sites. Implemented a series of new features and updates into the AuctionAnything.com auction network. SportsAuction (http://www.SportsAuction.com) has just implemented new features including SportsAuction Giveaways, designed to reward frequent bidders, and the SportsAuction AuctionEXPRESS, a nightly quick-turn-around series of auctions designed to supplement weekly SportsAuctions with daily interest and excitement. Furthermore, the current specialty sites within the AuctionAnything.com auction network (http://www.AuctionAnything.com) have been updated to be more user-friendly and aesthetically pleasing. Launched AllAboutAudio (http://www.AllAboutAudio.com), the latest addition to the AuctionAnything.com person-to-person auction network. AllAboutAudio specializes in audio related areas of interest such as consumer, car and high-end audio, home theater equipment, musical instruments and music (CDs, records, etc.). The new site provides both auction and classified venues and features AuctionAnything.com's auction feedback system and exclusive AutoNotify system. Consistent with all sites in the AuctionAnything.com auction network, only one registration is required to participate in ALL of the sites. The auction network will include all person-to-person AND Auction Business Solution web sites. These combined efforts have had a positive influence on the popularity of the AuctionAnything.com network. Overall monthly traffic has increased more than 30% over the last month and the new user registration rate has increased over 60% over the last month. AuctionAnything.com's services are in competition with other Internet companies such as eBay Inc. (Nasdaq:EBAY - news), uBid Inc. (Nasdaq:UBID - news), Onsale Inc. (Nasdaq:ONSL - news), Excite Auction (Nasdaq:XCIT - news), Bid.Com International Inc. (Nasdaq:BIDS - news) and Yahoo Auction (Nasdaq:YHOO - news). This release contains forward-looking statements with the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable it can give no assurance that such expectations and assumptions will prove to have been correct. -------------------------------------------------------------------------------- Contact: AuctionAnything.com, Inc., Orlando Martin M. Meads, Investor Relations 407/481-2140 marty@AuctionAnything.com auctionanything.com