European Launch Pad Service for eBay Traders through UK Post Offices

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eBay sellers worldwide can now launch into Europe with no upfront cost to them through the Sub Post Office Network and AuctionAssistÂ?. AuctionAssistÂ? today at eBay Live 2005 announces a new service for manufacturers, retailers and eBay traders around the world providing them with instant access to the European market and physical presence in 10,000 locations of the UK Sub Post Office network.

AuctionAssist™ today at eBay Live 2005 announces a new service for manufactures, retailers and eBay Traders around the world providing them with an instant market on eBay in Europe and through physical presence in 10,000 locations of the UK Sub Post Office network.

The National Federation of Sub Postmasters (NFSP), which represents more than 15,000 sub post offices in the U.K, has entered into an exclusive partnership with AuctionAssist™ the online auction house, offering a unique service to buyers and sellers on eBay.

The partnership with the National Federation of Sub Post Masters will mean that manufacturers, retailers, and eBay traders and will be able to sell their items in Europe by outsourcing the localization, warehousing, processing and fulfillment to AuctionAssist™.

The concept has been tested with David Hasselhoff to sell his Christmas album to his fan base in Europe, his albums were fetching an average of $70 while is signed iPod sold for over $500. Other case studies include a US eBay powerseller, and several far east electrical consumer goods manufactures.

AuctionAssist’s partnership with The Sub Post Office network makes them the first in the UK to achieve significant market share and penetration in any one market, making the sale of items on eBay easier and more convenient for anyone. There will be a drop off / pick-up location within 1 mile of 90% of the UK population.

This is an exclusive deal that separates Auction Assist ™ from all other eBay auction drop -off stores. This deal combines the power of the online world with the authority and creditability of local post offices – a true click and mortar business concept.

Sieng Van Tran, CEO of AuctionAssist™, commented: “The power of the online market can be enhanced through the strength of a high street presence and local community. Auction Assist has tied up this exclusive contract with NFSP to help worldwide business access local people in cities, towns and villages across the country through the trust.”

He adds: “It’ a win-win-win situation all around. The sellers get a hassle-free eBay experience, netting the best possible prices for their goods. The postmaster gains a cut of the eBay economy as well as increased footfall, eBay buyers get a safe, secure and reliable service. Every gets peace of mind, this virtuous circle will breed new life into sub post offices and the marketplace.”

Van Tran made today’s announcement to attending media and members of the eBay community at the eBay Live! Conference. AuctionAssist™ can be found at stand number 1735 (B) at eBay Live! 2005 or visit http://www.AuctionAssist.co.uk

About Auction Assist ™

AuctionAssist™ - a service that helps people to sell unwanted goods on eBay. eBay is the largest online auction website in the world with over 120 million customers worldwide. Although buying on eBay is very simple, selling has proved to be a big hurdle, with eBay reporting that 90% of customers have never sold an item using their service.

AuctionAssist™ works with eBay through its Trading Assistant program to take the pain out of selling unwanted goods. It will basically collect items that people want to sell; value, photograph and place items online; sell it to the buyer, packaging the goods and collecting payment. All the seller has to do is wait for the cheque…it’s as simple as that!

AuctionAssist™ is in the process of going public through a listing on the Pink Sheets in the US. AuctionAssist™ is a trademark of Auction Assist Ltd. All other product and company names may be trademarks of their respective companies.

For more information please contact:

Dina Hilton, Head of PR

M: + 44 (0) 7931331834

Tel UK: + 44 (0) 2074764091

Tel USA: + 1 (408) 512 1343

E: Dina@AuctionAssist.co.uk

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Sieng Van Tran