SOURCE: Auctions International Inc.

November 14, 2007 13:00 ET

Auctions International Inc. Enters Into Alliance With CarrierRates.com to Supply Transportation to Dealers

KELOWNA, BC--(Marketwire - November 14, 2007) - Auctions International Inc. (PINKSHEETS: AUCI), a technology company that owns and markets proprietary software to enable real time online auctions of virtually any product or commodity for use by the wholesale market, has entered into an industry alliance with CarrierRates.com, a B2B automotive wholesale vehicle transportation portal, to supply an option to AutoBidLive dealers for shipping vehicles sold on the AutoBidLive.com site.

CarrierRates.com provides a much-needed network linking the Automotive Transportation Community together for the transportation of light cars and trucks. Douglas Mann, president of Auctions International, commented, "CarrierRates.com is not a brokerage or middleman, rather they lower transportation costs through an online bidding process. The company also plays an active role in reducing the amount of empty miles a car or truck may travel to reload, reducing pollution, and conserving the nation's valuable resources. Acting as a neutral 'green' platform, CarrierRates.com shares AutoBidLive's vision for improving the efficiencies and reducing the layered costs in the wholesale auction market."

John Skelton, founder of CarrierRates.com, states, "AutoBidLive.com joins hands with CarrierRates.com to create a powerful technology platform that serves new and used car dealerships nationwide from sale to delivery. We are confident our combined efforts can enhance profitability in the vehicle supply chain by fulfilling wholesale vehicle purchasing and selling needs at the best possible prices."

About Auctions International Inc.

Through its wholly owned subsidiary AutoBidLive, Auctions International Inc. is set to bring together over 65,000 North American licensed pre-owned auto dealers into a dynamic online auction reducing their dependence on physical auctions. By utilizing state-of-the-art technology, dealers can make bids in real time, move inventory, and search and buy vehicles specific to consumer's needs. For more information, visit http://www.AutoBidLive.com.

In addition to online automobile auctions for the wholesale market, Auctions International Inc. has identified multiple commodity verticals, which could benefit from its leading-edge online auction technology platform. Additional information about Auctions International Inc. as well as corporate structure and stock capitalization can be viewed on the Company's website at www.AuctionsIR.com.

This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity, access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.

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