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Auction PR Publicity Announcements News and Information

WWA Group Reaches $1 Billion Auction Sales Milestone at Dubai Auction

WWA Group, Inc. (OTCBB:WWAG) today announced that it has surpassed $1 billion in gross auction sales and that its April 20th – 22nd, 2009 auction in Dubai attracted more registered and successful bidders than any other in the company’s history.

The realization of $1 billion in gross auction sales, of which nearly $200 million was generated in 2008 and 2009 from Dubai alone, was the cumulative result of WWA Group auctions held in the United Arab Emirates, Holland, China, Australia, and Qatar since 2001. This monumental milestone was reached on the second day of the Dubai auction, when a Cat 938 wheel loader sold for $33,000 to a buyer from Saudi Arabia. Overall gross auction sales at this event exceeded $25.5 million involving more than 450 registered bidders from 22 countries. Equipment consigned by 134 consignors from 10 countries, comprised of over 1,300 items, was sold to 252 successful bidders.

The April auction was WWA Group’s second major auction in Dubai in 2009. Four more auctions are planned for Dubai in 2009, in June, September, October and December.

“The sale volume at our auctions in Dubai continues to trend higher compared to similar auctions in 2008 and 2007 as does the number of buyers and attendees,” commented WWA Group CEO Eric Montandon. “We expect both trends to continue as the unreserved auction model becomes more attractive and essential in the market.”

Actual sale prices for all items sold at our auctions are published for members at Member registration is free on the site, by clicking on “Auction Results.” Lists of equipment for sale at upcoming WWA Group auctions are updated daily on the site. Anyone interested in consigning equipment to the auctions, or registering to bid, can e-mail [email protected] or call 011 971 4 881 6142.

WWA Group is a public company; its common shares trade on the OTCBB under the ticker symbol “WWAG.OB.” The company maintains its corporate web site at