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sammy
02-07-2006, 01:11 PM
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MastroNet Announces Name Change to Mastro Auctions

Although this is not earth-shattering news we wanted you to hear it from us first. Effective immediately we will be branding ourselves as Mastro Auctions. We realized that as we move forward into the new markets the name "MastroNet" was a bit dated and limiting. At the same time Bill Mastro, the man who started it all will always be the cornerstone of our business as it relates to quality and integrity in conducting high-value collectible auctions. Thus we decided to keep it simple...Mastro Auctions. See the press release attached below for more details. We again thank you for your support and look forward to servicing you to the same high standards in the upcoming year.

Also, our newest Classic Collector Auction is now previewing on our web site - bidding starts Monday.

Doug Allen
President
Mastro Auctions, Inc.
10 S 660 Kingery Hwy.
Willowbrook, IL 60527
Phone: 630-472-1200
Fax: 630-472-1201
e-mail: dallen@mastroauctions.com

New Name Better Defines Company's Position As Premier Auction House
WILLOWBROOK, IL

MastroNet, Inc., the nation's leading Sports and Americana auction source announced today that the company has been renamed to Mastro Auctions. The name change, effective immediately, reflects the company's expansion (strategy) into new collecting markets and its ability to provide a full range of contemporary auction services, including live and real-time online events.
Mastro Auctions offers customers a staff of experts with the industry's most knowledge and experience and provides peace of mind by working with top authenticators. This provides a sophisticated, secure and user-friendly environment for customers to buy and sell collectibles. Originally a sports memorabilia auction house, Mastro Auctions successfully entered the Americana market in 2001 and is currently expanding into Fine Art, Comics and other collectible markets.
"The company is an industry innovator in terms of the internet and there was a time when the 'net' portion of the name had value and provided meaning to our customers," explains Doug Allen, president of Mastro Auctions. "But today strong, real-time online capabilities are a given for most successful businesses. The new name focuses instead on what we do better than anyone in the industry, the business of high-end auctions."
Mastro Auctions currently conducts three Premier auctions and three Classic Collector auctions annually. In December 2005, the company recorded an industry record-setting sale of nearly $14 million. Mastro Auctions' first Fine Art event is scheduled for April 2006. For additional information, contact www.mastroauctions.com (http://www.mastroauctions.com/) or call 630-472-1200.

About Mastro Auctions

Mastro Auctions, Inc. of Willowbrook, Ill., is part of the Silkroad Equity family of companies. It is the leading high value collectibles auction company. The company has involved in the sale of many of the most famous and valuable Sports and Americana collectibles ever publicly offered, including the most expensive baseball card, the T206 Honus Wagner which sold for nearly $1.3 million, the bat Babe Ruth used to hit his first home run in Yankee Stadium that sold for $1.2 million, the most expensive baseball card set that sold for $800,00, Norman Rockwell's “The Dugout” for $355,000, Roger Maris' 1961 jersey he wore when he hit home run #61 for $302,000, the bus Rosa Parks rode on when she refused to stand for segregation that sold for nearly $500,000 and the famous Steve Bartman Cubs foul ball for over $100,000.

Thank you,... Doug Allen
Mastro Auctions, Inc. (http://www.mastroauctions.com/)