Auctions International Issues Statement on Share Structure and Non-Dilution

KELOWNA, BC – 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, commented on its share structure and reaffirmed the Company’s positive outlook for 2008.
Douglas Mann, president and CEO of Auctions International Inc., said, “In response to the recent volatility in the marketplace, we wanted to assure our shareholders that any such activity does not reflect the outstanding share position in the Company.
“There are 50 Million shares outstanding, of which 25 Million are restricted and are held by myself, directors, and the technical and support staff of Auctions International. Of the 25 Million that are free trading, 9.3 Million are registered on DTC as of January 11, 2008. From that 25 Million, 8 Million are held by family members and friends who have supported AUCI’s development and expenditures over the past two years.
“The Company does not need capital of any substance. Nor do we have any fundings that could cause such a downward spiral in our stock. We do not see a need to issue any shares to dilute the current shareholder value in the foreseeable future.
“We are diligently pursuing our business objectives. Business-to-business Internet commerce in the wholesale market is ripe with opportunity. The solution provided by our wholly owned subsidiary AutoBidLive is a revolutionary way for car dealers to get added exposure, particularly during times of lagging sales and shrinking margins.
“I’d like to reaffirm Auctions International is moving forward with its plans to build shareholder value through as well as other markets that can benefit from our proprietary real-time auction software. As we continue to execute our growth strategies and achieve new milestones, our outlook remains positive for 2008.”
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
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.