Highland Auction Services Inc, announces it is seeking a new owner for Danceauction

August 1, 2003-St. Petersburg, Florida-Highland Auction Services Inc announced today it is actively seeking a new owner for Danceauction.com We are actively looking for a purchaser for the company " stated Caroline Macatugob, President, Danceauction has grown to a level where it needs to be developed further by a larger company that has the ability to really develop the site to its fully ability."

For Immediate Release

Contact:             Caroline R. Macatugob    

                        Highland Auction Services Inc

                        5400 Highland St So

                        St. Petersburg FL 33705

Phone:             727-866-7995

Fax:                 801-469-3976

Email:             danceauction@highlandauctions.net

Web:                http://www.danceauction.com

Highland Auction Services Inc, announces it is seeking a new owner for Danceauction

August 1, 2003-St. Petersburg, Florida-Highland Auction Services Inc announced today it is actively seeking a new owner for Danceauction.com

We are actively looking for a purchaser for the company " stated Caroline Macatugob, President, Danceauction has grown to a level where it needs to be developed further by a larger company that has the ability to really develop the site to its fully ability."

Highland Auction Services Inc has owned Danceauction.com since 1999 when it became the first niche auction site of its kind on the internet. It has been written about in trade papers, and journals across the globe, and is ranked on of the top 50 niche auction websites by the E-Auction Insider. US Trademark laws protect it.

We almost feel like were letting one of our children go" said Caroline, however, we know this is the right thing to do in order for the website to grow and for the benefit of the dance community, and Danceauctions users."

The website is not in financial difficulty, and will not be shut down, remaining open until a successful, and suitable buyer is found.

We see Danceauction having many uses to a prospective buyer, either as a for-profit site, or as a good-will tool for the dance community at large."

Websites pertinent to this press release are:

www.danceauction.com