SOURCE: Auctions International Inc.

January 11, 2008 08:30 ET

Auctions International Inc. Integrates Globalization Technology to Translate Auction Site Into Virtually Any World Language

KELOWNA, BC--(Marketwire - January 11, 2008) - Auctions International Inc. (PINKSHEETS: AUCI), a technology company that owns and markets proprietary software that enables real time online auctions of virtually any commodity, is pleased to announce that the Company has completed the integration of a globalization technology that permits the www.AutoBidLive.com auction sites to be viewed in the native languages of virtually any country in the world.

Rob Ouellette, CTO for Auctions International, said, "While we have maintained that we are currently investigating vertical markets for our 24x7 auction software, our new globalization module permits us to expand our auctioning capability to a much broader market." Doug Mann, CEO and President of Auctions International, agreed, "Our ability to quickly customize an online auction site to virtually any language permits us to capitalize on auction opportunities in the world's fastest growing economies. We plan on pursuing a market presence in Mexico, Latin and South America as well as the European Union."

The Company's first real-time online auction marketplace, AutoBidLive.com, is geared to increasing efficiencies in the supply chain, facilitating licensed dealership networks and lowering costs in the North American wholesale automotive industry. AutoBidLive.com now offers the user to view the site in the French language, providing Auctions International the advantage for reaching the key French-speaking regions of Canada. Auctions International enables any of its users to view the site in the language of their choice by simply using the Company's single software platform.

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 consumers' needs. 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. For more information, visit http://www.AuctionsIR.com and www.AutoBidLive.com.

Safe Harbor

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.

Contact Information