Net2Auction Announces Acquisition Plans to Fuel Its eBay Drop-Off Business; Net2Auction is a Leading Provider of Auction Drop-off Services

LAS VEGAS--(BUSINESS WIRE)--March 6, 2006--Net2Auction, Inc. (Pink Sheets:NAUC) today provided an update on acquisition initiatives to fuel growth of its eBay drop-off location business.

The Company invited potential acquisition candidates to submit RFP's (request for proposals) to have their eBay drop-off company or chain of eBay drop-off locations acquired by Net2Auction.

“The acquisitions we have made to date have provided a significant increase to top-line revenue and have brought more market share of the eBay drop-off location business.”

Delmar Janovec, Net2Auction President, noted, "Management has begun discussions with several new potential acquisition targets, and has continued discussions with other groups. We plan to aggressively investigate any potential acquisition opportunities that may be presented to us. With rapid organic expansion, as well as acquisition initiatives, we are working to capture a significant portion of the marketplace."

"The acquisitions we have made to date have provided a significant increase to top-line revenue and have brought more market share of the eBay drop-off location business."

"By acquiring other companies in our industry, we could achieve several objectives in a few acquisition transactions: our competition would become affiliates or subsidiaries, we would further expand out eBay drop-off locations both on a regional and national level, and we would increase our top-line revenues and profitability."

Qualified acquisition candidates should contact Net2Auction's Business Development Department through David Levitt at newlocations@net2auction.com or call (800) 450-1935.

Net2Auction is a leading provider of auction drop-off services that allow people to easily sell their items on eBay by dropping unwanted goods off at company and affiliate locations. Net2Auction's virtual store tour and promotional video can be viewed at http://www.net2auction.com/videos.html.

Net2Auction is positioning itself to be the fastest growing company in its space in terms of establishing eBay drop-off locations at a faster rate than any other company in the marketplace.

Net2Auction allows people to easily sell their items on eBay by dropping unwanted goods off at company and affiliate locations. The Company provides a full-service eBay auction listing program that boasts a customer satisfaction rating that exceeds 99%. Selling on eBay with Net2Auction is easy -- customers just bring valuable, yet unwanted goods into a Net2Auction drop-off location and we do all of the work.

Customers can get in and out of our store in less than five minutes, and we take care of all the eBay selling tasks including product description, photos, payment processing and collection, and shipping. In exchange for providing eBay drop-off and consignment services to its customers, Net2Auction charges a service fee against the final sale price of the item.

With national expansion plans, Net2Auction currently offers eBay drop-off services at 47 locations through partnership with pack and ship centers, as well as backend processing services for 25 affiliate eBay drop-off locations in 16 states.

Net2Auction has a winning formula for success; we have minimal cost of inventory, we are undergoing rapid expansion, and we earn lucrative consignment fees while making our customers money.

As auction drop-off services such as Net2Auction are gaining the momentum that has been expected, industry analysts expect this exponential growth to continue.

More information is available at www.Net2Auction.com. Investors and media can receive a free investor kit for Net2Auction, Inc. by contacting Investor Relations at investors@net2auction.com or 800-450-1935. Net2Auction's virtual store tour and promotional video can be viewed at http://www.net2auction.com/videos.html.

About Net2Auction

Net2Auction, Inc. (Pink Sheets:NAUC) is a leading provider of auction drop-off services that allow people to easily sell their items on eBay by dropping unwanted goods off at Net2Auction locations. Getting its customers in and out of its drop-off locations in less than five minutes, the Company offers a full-service eBay listing program that requires almost no effort on the customers' part.

Currently offering eBay drop-off services at 47 locations and backend processing services at 25 affiliate locations in 16 states, Net2Auction's growth is fueled by the increasing number of consumers who would like to sell unwanted goods on eBay but don't have the time, energy, or know-how to do so.

Net2Auction -- You bring it in. We auction it online.

The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein.