VALENCIA, Calif., Aug. 10 /PRNewswire-FirstCall/ -- AuctionCities.com, Inc., new in the auction industry, announced, today, that they are now trading publicly as AuctionCities.com -- reference: National Stock Quotation Board (Pink Sheets: AUCC). (Logo: http://www.newscom.com/cgi-bin/prnh/20050810/LAW062LOGO) AuctionCities.com offers services that other auction sites may never be able to offer their customers. With patents pending, they are the originator of "Micro-auctioning" (local auctions) now offering "Shop your Zip-code" for local convenience. While others, boldly, have copied this feature, none provide the comprehensive service AuctionCities.com offers. AuctionCities.com has over 40,000 U.S. Zip-code sites in support of its unique feature, and prioritized 156 major cities, easily accessible on the AuctionCities.com homepage. As of today, they are all activated and available to the public. AuctionCities.com has developed a new and exciting feature which is the perfect on-line trading solution for people who want to shop in neighboring areas or buy larger items like cars, appliances, furniture. Sellers and traders have hesitated to participate because of the ever-increasing risk, excessive shipping or transaction charges. The localized aspect of AuctionCities.com eliminates the buyer's inability to inspect an item, prior to the transaction, due to the long-distance. Now, AuctionCities.com offers the same global website services as other auction sites, however, the AuctionCities.com sales service charges, and all fees are extremely low while member-friendly policies are emphasized. Currently, AuctionCities.com has approximately 3,000 categories and tens of thousands of items as a newcomer in the auction industry. As a publicly traded company, AuctionCities.com is able to announce its unique features to the American Public. AuctionCities.com is the alternative and convenient way for local auctioning and shopping. The factors discussed below and elsewhere in this Memorandum could adversely affect the value of the Company's Common Stock. In addition, the factors discussed below and elsewhere in this Memorandum may constitute forward-looking statements and, as such, may involve known or unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements or the Company to be materially different from any future results performance or achievements expressed or implied by such forward-looking statements. Any forward-looking statements contained in this Memorandum should not be relied upon as predictions of future events. Such forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," "could," "seeks," or "anticipates," or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy. Such statements are necessarily dependent on assumptions, data or methods that may be incorrect or imprecise and they may be incapable of being realized. The following factors may constitute or include cautionary, forward-looking statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties that could cause actual results to vary materially from the future results covered in such forward-looking statements. http://www.newscom.com/cgi-bin/prnh/20050810/LAW062LOGO http://photoarchive.ap.org/ DATASOURCE: AuctionCities.com, Inc. CONTACT: AuctionCities Publicity Department, +1-866-587-8921, Web site: http://www.auctioncities.com/

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