Ableauctions.com (AMEX: AAC) announced todaythat it will host, through their subsidiary iCollector.com, the VictorianCasino Antiques auction on March 11 & 12, 2006. This event will feature aCaille Bros. 25 cent Eclipse Upright slot machine and antique items datedfrom as early as the 1840s. Other items of interest include vintage cigarboxes dated 1849, an antique baby carriage, various fabulous 1950s slotmachines, an early candlestick phone with dial, hand painted parlor lamps,"Vendo" Coca-Cola machine and a Seeburg model L-100 jukebox.
Victorian Casino Antiques has been a full service auction company for 30years. During the last 5 years, current partners Peter Sidlow and PatMcGuire have led the Company into a premier position in the antique auctioncommunity, by focusing and specializing on their niche categories. Theseinclude coin operated gambling and vending machines, western and folk art,and other Victorian items.
Currently there are three scheduled auctions:
* March 11-12, 2006 - 1,100 items. Auction will be held at the VictorianCasino Antiques gallery at 4631 Dean Martin Blvd., Las Vegas, NV.
* July 8, 2006 - The Liberty Belle Saloon auction, held at the Reno -Sparks Convention Centre, Reno, NV, will showcase the personal collectionof the Fey Bros., whose grandfather, Chas Fey, invented the slot machine.
* October 14 -15, 2006 - 1,000 items. Auction will be held at the newSouth Coast Hotel & Casino, 9 Las Vegas Blvd. South, Las Vegas, NV. Thisauction will feature a large collection from a Southern collector, whichhas not been seen for the past 10 years.
Both the March and October auctions will feature live Internet bidding,through iCollector and eBay Live.
Further information can be found at www.vcaauction.com
About iCollector.com
iCollector.com is the pre-eminent supplier of live online auctiontechnology and services to some of the world's most prestigious galleriesand industrial auction houses and operates one of the largest eBay LiveAuction sales and support centers in the world. It is the only auctiontechnology company to be endorsed by the National Auctioneers Association(NAA) and has partnered with eBay Live Auctions in streamlining the processof broadcasting auctions real-time on the Internet. iCollector's technologyenables auction houses to open their establishments to the world byallowing online bidders to participate in real-time on the auction floor.
Visit www.icollector.com or(www.icollector.com/ourTechnology.aspx)
About Ableauctions.com
Ableauctions.com Inc. (AMEX: AAC) is a high-tech liquidator and on-lineauction facilitator that operates the domains iCollector.com, Naalive.com,Unlimited Closeouts.com and iTrustee.com.
As an on-line auction facilitator, the Company, with the experience of over3,000 auctions, has developed state-of-the-art technology to broadcastauctions over the Internet (www.ableauctions.com/technology) and currentlyprovides the technology and related services to auction houses, enablingthem to broadcast auctions over the Internet. The Company broadcastsbusiness and industrial auctions over the Internet for auctioneers andmembers of the National Auctioneers Association (NAA) and art, antique andcollectible auctions for numerous galleries and auction houses around theworld through eBay Live Auctions.
As a liquidator, the Company, through Unlimited Closeouts and iTrustee,purchases overstocks, order cancellations and discontinued products frommajor manufacturers and importers, then sells the merchandise to majorretail chains, other resellers or the public.
For a comprehensive Corporate Update and prior releases, visitwww.ableauctions.com. For more information, contact Investor Relations atinvestorrelations@ableauctions.com
This press release contains forward-looking statements, particularly asrelated to, among other things, the business plans of the Company,statements relating to goals, plans and projections regarding the Company'sfinancial position and the Company's business strategy. The words orphrases "would be," "will allow," "intends to," "may result," "are expectedto," "will continue," "anticipates," "expects," "estimate," "project,""indicate," "could," "potentially," "should," "believe," "considers" orsimilar expressions are intended to identify "forward-looking statements."These forward-looking statements fall within the meaning of Section 27A ofthe Securities Act of 1933 and Section 21E of the Securities Act of 1934and are subject to the safe harbor created by these sections. Actualresults could differ materially from those projected in the forward-lookingstatements as a result of a number of risks and uncertainties.Such forward-looking statements are based on current expectations, involveknown and unknown risks, a reliance on third parties for information,transactions or orders that may be cancelled, and other factors that maycause our actual results, performance or achievements, or developments inour industry, to differ materially from the anticipated results,performance or achievements expressed or implied by such forward-lookingstatements. Factors that could cause actual results to differ materiallyfrom anticipated results include risks and uncertainties related to theperformance of our staff, management, financing, competition, on-lineauction business, our ability to implement or manage our expansionstrategy, general economic conditions, our ability to license our softwareto other auction houses, our ability to acquire profitable companies andintegrate them into our business successfully and other factors that aredetailed in our Annual Report on Form 10-KSB and on documents we file fromtime-to-time with the Securities and Exchange Commission. Statements madeherein are as of the date of this press release and should not be reliedupon as of any subsequent date. The Company cautions readers not to placeundue reliance on such statements. The Company does not undertake, and theCompany specifically disclaims any obligation, to update anyforward-looking statements to reflect occurrences, developments,unanticipated events or circumstances after the date of such statement.Actual results may differ materially from the Company's expectations andestimates. The Company does not realize nor book the full revenue ofauctions that it facilitates in its financials, only the net auction fees,that can vary from time-to-time, that it realizes.
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Contact:Karen Grace604-521-3369
SOURCE: Ableauctions.com Inc.