FORT LAUDERDALE, Aug. 18, 2005 (PRIMEZONE) -- Total Identity Corp ("TIC") (Pink Sheets:TIDC) today announced that its wholly owned subsidiary, Yard Sale Drop Off ("YSDO"), a trading assistant and Power Seller with eBay (Nasdaq:EBAY), has entered into an exclusive agreement to market the YSDO online auction solution to UniversalPost Network members giving store owners the opportunity to become a drop off and shipping center for YSDO online auctions.
This program will enable the postal centers to generate additional revenue from their existing location. This is a complete business-in-a-box concept where a licensee can be in business almost immediately after being processed by YSDO. Furthermore, if someone was looking to go into a franchise business in a certain location but was unable to because that territory was already taken, now is their chance. YSDO licensees will be limited by zip code and population.
Matthew Dwyer, TIDC CEO and Chairman stated, "The market for online auction services is continuing to grow and a recent report showed that only 6% of the people who use eBay are currently selling on eBay. The UniversalPost centers have a clear advantage in that they are already in the shipping business and the YSDO auction solution will enable them to leverage their existing store space to generate additional income."
YSDO motto: "We turn your hidden treasures into cash!"
Certain information contained in this news release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. While these statements are made to convey the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Actual company results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. A more extensive listing of risks and factors that may affect the business prospects of the company and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission.