SOURCE: AmeriResource Technologies, Inc.

June 14, 2007 05:15 ET

AmeriResource Announces AuctionWagon Update

LAS VEGAS, NV--(Marketwire - June 14, 2007) - AmeriResource Technologies, Inc. (OTCBB: AMRE), parent company of Net2Auction, Inc. (NAUC) and AuctionWagon Inc., a leader in auction-consignments software platforms, announces that AuctionWagon Co-Founders and management will be participating in the eBay Live! 2007 in Boston, MA., on June 14 thru June 16, 2007.

"Since the acquisition of AuctionWagon in October of 2005 by Net2Auction, AuctionWagon has increased its customer accounts three-fold while its revenues have grown in excess of 200%. The demand for the Store Manager Pro [G2] software platform continues to develop both on a National and North American level with interests from the International communities. While the International community creates certain challenges it also provides an opportunity for growth potential in new commercial accounts. As eBay continues to grow and be accepted as a leading way of doing business on the Internet, worldwide, the International customer will begin to emerge," comments Delmar Janovec, President of AmeriResource.

Janovec added, "AuctionWagon's Founders, Josh and David MacAdam, have led the way in the consignment and resale business and have incorporated this experience and knowledge into its advanced software. Store Manager Pro [G2] features include unlimited image hosting, continuous automatic updates, built-in photo editing, smart list scheduler, shopping cart check-out, automatic re-listing, QuickBooks integration for check writing, invoicing, manager tools and many others. Bar-coding and labels are optional. Store Manager Pro [G2] is the essential foundation for any eBay Consignment, overstock or retail salvage type business. Businesses that are utilizing the Store Manager Pro [G2] have an incredible advantage over their competition."

About AuctionWagon

AuctionWagon is one of the leaders in the auction-consignment software management systems and operations. After opening one of the world's very first eBay drop-off stores, AuctionWagon's team of retail experts and software developers from Microsoft and eBay developed a software platform, the Store Manager Pro [G2], that is revolutionizing the way merchandise is offered for sale to the world on eBay. AuctionWagon is the only software company to qualify as both an eBay Certified Developer and eBay Trading Post that has the insider expertise and proven ability to lead the industry. For additional information on AuctionWagon and Net2Auction, visit www.auctionwagon.com and www.net2auction.com.

ABOUT AMERIRESOURCE: AmeriResource is a diversified holding company with headquarters in Las Vegas, Nevada. It operates Net2Auction, Inc., AuctionWagon Inc., BizAuctions, Inc., and RoboServer Systems Corp., as operating subsidiaries. For more information on the Company and its operating subsidiaries, please see the Company's website at http://www.ameriresourcetechnologies.com.

The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis or Plan of Operation" and other sections of the Company's Form 10-KSB and other publicly available information regarding the Company on file with the Securities and Exchange Commission, at www.sec.gov. The Company will provide you with copies of this information upon request.

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