SOURCE: Auctions International Inc.

December 04, 2007 16:30 ET

Auctions International Forms Strategic Alliance With CARFAX

KELOWNA, BC--(Marketwire - December 4, 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, announced today a strategic alliance with CARFAX, Inc. to improve its online auction process. Now, wholesale buyers and sellers can view CARFAX Vehicle History Reports™ directly from the vehicle listings to more accurately assess a car's condition and retail value. Dealers can also purchase CARFAX Vehicle History Reports through Auctions International's website.

"Our decisive choice to integrate CARFAX Vehicle History Reports ensures our customers will have access to one of the central aspects of our business today -- vehicle history information," said Doug Mann, President & CEO of Auctions International Inc. "AutoBidLive is now one of the premier online marketplaces to buy and sell wholesale vehicles. We're extremely excited about this enhancement to our services and the added benefits it gives our customers."

Dealers can buy and sell cars faster and with greater confidence to meet their customers' needs using AutoBidLive's enhanced services. Free CARFAX Vehicle History Reports are available for vehicles wholesaled on AutoBidLive by CARFAX-subscribing dealers and qualifying vehicles will come with the CARFAX Buyback Guarantee.

"Wholesale buyers inherently have questions about vehicles sold at auction," said Larry Gamache, communications director at CARFAX. "CARFAX Vehicle History Reports help buyers answer many of those important questions -- like ownership history, mileage and branded title information -- that otherwise may go unanswered. Dealers feel more confident in their wholesale purchase and in the car's value on the retail market."

AutoBid Live Auctions is a wholly owned subsidiary of Auctions International Inc. The company services dealers in both Canada and the U.S. For more information, visit and Dealers may visit to sign up for free.

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 and


Millions of consumers rely on the most trusted provider of vehicle history information, CARFAX, each year. Using the unique 17-character vehicle identification number (VIN) found on vehicle dashboards and title documents, CARFAX instantly generates a detailed Vehicle History Report on any used car or light truck. CARFAX Vehicle History Reports™ provide information that can impact a consumer's decision about a used car or truck. CARFAX is a wholly owned subsidiary of R.L. Polk & Co. For more information, visit

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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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