Government Auctions & Foreclosures Portal GovernmentAuctions.org is Featured in PayPal Featured Shops

Release discusses details of GovernmentAuctions.org being featured, as well as company background.

Great Neck, NY (PRWEB) October 7, 2005 -- GovernmentAuctions.org, a division of Cyweb Holdings Inc., announces that it has, once again, been specially selected out of thousands of websites to appear in PayPal's Featured Shops.

GovernmentAuctions.org (http://www.governmentauctions.org) is a membership-based web site that exists to help its users find, locate and attend all types of government auctions and bank foreclosures where users can obtain distressed Real Estate and Seized and Surplus Cars, Aircraft, Boats, Equipment, Works of Art, and Jewelry at a discount.

PayPal Shops is PayPal’s directory of online businesses and organizations that use or accept PayPal payments, and the Featured Shops are those Shops that are specially chosen on the basis of quality and other factors to be listed on the front page of PayPal Shops, receiving premium exposure to PayPal's 78 million users.

GovernmentAuctions.org has previously appeared in Paypal's Featured Shops on a number of occasions, and has been appearing in the Featured Shops much of this week. Cyweb Holdings Inc. welcomes this recognition of its GovernmentAuctions.org division, and is very proud of the progress the company has made with the portal. Cyweb Holdings VP Michael Pesochinsky says, “We have recently made major upgrades and improvements to the GovernmentActions.org portal, and this has paid off tremendously in the recognition we have received from various outlets as an excellent resource for bargain hunters.”

Cyweb Holdings (http://www.cywebholdings.com) is a company that provides high quality web-based information services to the public. The company consists of personnel and management who, combined, have extensive experience in business, government, law, software and technology, and who have committed themselves to use their backgrounds and knowledge to create, sustain, and invest in, superior web-based information products.

Interview Contact: Ian Aronovich, Public Relations

Tel: 516-467-4518

Fax: 516-706-1072 Attn: PR Dept.

Email: pr@governmentauctions.org

URL: http://www.governmentauctions.org

Business Address: 70 Middle Neck Rd., Suite 5, Great Neck, NY 11021

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