SOURCE: AuctionDrop

June 23, 2005 09:00 ET

Consumers Tout AuctionDrop's Reliability and Trustworthiness

FREMONT, CA -- (MARKET WIRE) -- June 23, 2005 -- AuctionDrop (www.auctiondrop.com) today announced that since inception in 2003 it has received more than 30,000 positive feedbacks on eBay® from highly satisfied customers all across the country. This milestone underscores AuctionDrop's position as one of the most trusted sellers on eBay. Top reasons cited by its customers for buying through AuctionDrop include trust, product quality, professional staff, careful packaging, prompt shipping, overall quality of service and incredible bargains.

"The quality of AuctionDrop's merchandise is better than standard eBay merchandise," remarked AuctionDrop customer, Kevin Creighton, of Campbell, Calif., who calls himself a member of the AuctionDrop "frequent buyer club," having bought televisions, camera lenses and jewelry through the company. "I've developed a good level of trust with AuctionDrop," Kevin explains. "Shipping is extremely rapid. And customer service -- when I need them -- has always been great. They're able to take care of whatever problem I have in just minutes. I like the fact that items are screened and tested. When AuctionDrop says something works, I trust them. I appreciate their honest descriptions and credibility."

A significant result of AuctionDrop's feedback rating is its high number of repeat buyers. AuctionDrop is also seeing its customer base grow dramatically month over month. This growth is attributed to expanded product categories now available through AuctionDrop including cameras, designer watches, flat screen monitors, iPods®, notebooks and plasma TVs. A rapid rise in consumer interest in these categories has prompted AuctionDrop to expand the categories of items it accepts for sale and makes available through its store on eBay.

"eBay is such a transparent marketplace. Customers can quickly identify the most reliable and trustworthy sellers through the rating system," said George Northup, chief executive officer of AuctionDrop. "As a Titanium PowerSeller, AuctionDrop prides itself on delivering an ever-expanding variety of great products with a professional level of customer service unsurpassed by others. And the proof comes from our customers. They keep coming back again and again because we offer substantial benefits to those who want a reliable source for quality goods on eBay."

Long-time AuctionDrop customer, Virginia Proffitt of Boydton, Va., is another believer in the value of the company's services. "AuctionDrop has always been great, no problems whatsoever. Their merchandise is the tops." Virginia's purchases through AuctionDrop have included cameras, jewelry and dolls.

AuctionDrop helps everyday Americans leverage the enormous eBay community. The leader in the industry as measured by sell-through rate and average item selling price, AuctionDrop creates expert listings with professional photography and delivers sell-through rates of over 93%. AuctionDrop has sold more than 40,000 unique items from all across the United States and maintains a positive eBay feedback rating of over 99.8%.

"AuctionDrop's customer service, in particular, was one of the best experiences that I've had while buying things on eBay. They responded quickly to let me know I had won, shipping was always on time and the product was always intricately packed," states Ricardo Israel of Gilbert, Arizona. "I've always received the item as described, no surprises. I'm very happy that I've found AuctionDrop." Ricardo has purchased a broad range of items from jewelry to designer clothes and accessories, electronics to antiques.

About AuctionDrop

AuctionDrop is the first company dedicated to providing a simple, fast and convenient way to sell goods on eBay. Anyone, anywhere in the United States can AuctionDrop their items at The UPS Store® in their neighborhood. AuctionDrop also partners with various billion dollar retailers to help them liquidate excess or returned inventories on a private label basis using eBay. AuctionDrop receives funding from leading venture firms Mobius Venture Capital, Draper Associates and G51. For more information, go to www.auctiondrop.com or call toll free 1-866-DROP-IT-OFF (1-866-376-7486).

AuctionDrop is a trademark of AuctionDrop, Inc. All other product and company names may be trademarks of their respective companies.

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