Auctions International Issues Statement on Share Structure and Non-Dilution

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Tue Jan 22, 2008 8:31am EST

  KELOWNA, BC, Jan 22 (MARKET WIRE) -- 
 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 AutoBidLive.com 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 http://www.AuctionsIR.com and www.AutoBidLive.com.

    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.

    

For more information please contact:

Investor Relations - Canada
CanVox Communications Inc.
1-866-503-AUCI (2824)
info@auctionsir.com
http://www.AuctionsIR.com
or
Investor Relations - U.S.
Rick McCaffrey
OTC Financial Network
781-444-6100x621
rick@otcfn.com
http://www.otcfn.com/auci

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