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Start-Up Auction Site Gets Huge Advantage Over eBay Etc.
9 January 2006 As revolutionary technologies emerge from the
Consumer Electronics Show, the big story this year is the ease of use and
immediacy of Internet access of Auction Video's "one touch upload"
capability, now announced as a key feature of the new Sanyo VideoCellphone
unveiled today at CES.
AuctionCities.com (OTC: AUCC) Mike Berman stated, "This development will
immediately revolutionize the concept of local online auctions as
demonstrated by this implementation on our start-up auction site and most
effectively the Real Estate business, online personals. We originated
local auctions with our pending patent on the domaining of every U.S.
Postal Zip-code."
Gregory Ellis, Auction Video CEO, stated, "Within the context of an
exclusive licensing agreement with NTT-DATA SANYO, AuctionVideo.com,
developer of web-based recording technology that offers rapid upload to the
Internet, unlimited live video streaming and a video record capability up
to 60 minutes announces an exclusive co-venture with start-up
consumer-to-consumer - dealer-to-consumer auction and retail portal,
AuctionCities.com, Inc."
Ellis continued, "Our technology, to be distributed across millions of cell
phone and web users worldwide, allow the instant conversion of any video
format, to any video format. Up to 30 frames per second video, and high
definition audio benefit anyone who can record their video on a cell phone,
or other device, and easily put it online for anyone to see."
Mr. Tak Ota, Leader of the New Business Promotion Division of NTT-DATA
SANYO's cell project, said, "Since we introduced our joint offering of cell
phone products, we have seen increased interest from the marketplace in
Japan. We are actively pursuing many targeted opportunities in China and
other nations as well. We expect that the integration of Auction Video,
Inc's market leading technology will help us grow."
The NTT-DATA SANYO Video Communication Cell Phone is scheduled for a U.S.
rollout in the 3rd Quarter of 2006. For a period of time,
AuctionCities.com will be the exclusive U.S. Internet distributor of this
exciting new device.
About Auction Video, Inc.
Auction Video, Inc. is based in Orem, Utah, and Tokyo, Japan. Its patent-
pending technologies power eBay auctions, blog video, email applications,
and cell phones worldwide.
NTT DATA SANYO is a partner with Auction Video Incorporated.
Greg Ellis, Founder & CEO
Phone: (800) 604-3390
e-mail: greg@auctionvideo.com
More information is available at http://www.auctionvideo.com
About NTT DATA SANYO
NTT DATA SANYO is an alliance between NTT DATA CORPORATION and SANYO
Electric Co., Ltd., which has the marketing responsibility for SANYO's
range of 3D display products, cell phone software integration and R & D.
Both NTT DATA CORPORATION and SANYO Electric Co., Ltd. are founding members
of the 3D Consortium, a group of leading consumer electronic companies
established to promote, expand and develop the market for 3D imaging. More
information can be found at http://www.nttd-sanyo.co.jp/,
http://www.nttdata.co.jp/,
http://www.sanyo.co.jp/.
Auction Video is a Trademark of Auction Video, Inc. All other trademarks
mentioned herein are the property of their respective owners.
About AuctionCities.com, Inc.
www.AuctionCities.com is the state-of-the-art way of convenient local
auctioning and shopping. We host local auctions in over 40,000 U.S.
Zip-code specific sites using our
patent-pending business methods and technology.
The factors discussed above and elsewhere in this Memorandum could
adversely affect the value of the Company's Common Stock. In addition, the
factors discussed above 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.
CONTACT:
Jack Scanlan
AuctionCities.com, Inc.
Valencia, CA 91355
PHONE: 323-346-5821
EMAIL: jack@auctioncities.com
SOURCE: AuctionCities.com, Inc.
Source: marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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