If Escala and Spectrum have the winning bid for these
assets, we will acquire a significant and diverse inventory that will be
utilized across all of our Numismatic companies , including Spectrum, Bowers
and Merena Auctions, NACT, Teletrade and A-Mark Precious Metals., NeWave , Inc. Interested parties
can bid on the chopper at http://www. With the release of these shows interest in
Jesse James and the West Coast Choppers allowed it expand knowledge of its
brand and its strong cult like following.

PRESS RELEASE PropertyRoom.com Announces the Addition of Merchant Partners to Growing Online Auction Offerings

com.

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Escala and Spectrum Sign Agreement Offering To Purchase Coins Bullion and Other Assets

Net proceeds from the sale of the chopper will be
donated to St.com 's strong customer
base, a sell-through percentage rate that is currently in the high
nineties , and no listing fees," he said.com's safe environment for both sellers and buyers.

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"

About Escala Group, Inc.
Discount Online Warehouse is an online wholesale club which offers
discounted products purchased in bulk quantities to its members.

Forward Looking Statements
This release contains forward-looking statements, including, without
limitation, statements concerning our business and possible or assumed future
results of operations.

This category focuses on On-Line Auctions; however, there are two categories which welcome Off Line Auctions; Auction Houses and E-mail Auctions Please submit your site to whichever 'Auctions ' category seems appropriate (details below) If in doubt, submit to this category, Auctions, and an editor will place it for you.

housewares assets

$10,000 bills and many $2-1/2 and $5 gold coins from the early 1800s.

About Jesse James and West Coast Choppers
Jesse James is the host of Discovery Channel's Monster Garage Show. West Coast Choppers' rise to
national prominence coincided with the 2001 shows Motorcycle Mania I and II
airing on the Discovery Channel.

"I have had a much higher sell-through rate and a more positive experience
selling jewelry through PropertyRoom.

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auctionliquidator.

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Escala Group undertakes no obligation to
publicly update or revise any forward-looking statements.com. Anthony's School has been part of the downtown Long Beach, California
community for more than 100 years. We do not intend to update any of the forward-looking
statements after the date of this document to conform these statements to
actual results or to changes in our expectations, except as required by law.com.

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Harmer. The
retail value of the chopper is approximately $90,000 and typically buyers have
an estimated one year wait.
James, a direct descendant of the legendary wild-west outlaw, is a mechanical
and metal fabricating expert and the founder and head bike builder for his
custom chopper shop 'West Coast Choppers'.
AuctionLiquidator is an online portal which provides individuals,
enterprise customers and non-profit organizations with a quick and efficient
method for selling unwanted items on eBay and other online auction sites.

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NEW YORK, Escala Group (Nasdaq: ESCL)
today announced that Escala and its subsidiary Spectrum Numismatics
International, Inc. Escala's and Spectrum's agreement with DSI resolves all
disputes between the parties related to the Capital Coin Fund and the related
activities in Ohio.

SAFE HARBOR STATEMENT
Statements in this press release that relate to future plans, objectives ,
expectations, performance, events and the like are "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995 and the Securities Exchange Act of 1934.

Future events, risks and
uncertainties, individually or in the aggregate, could cause actual results to
differ materially from those expressed or implied in these statements. However, due to escalating operating
expenses, a challenge is provided to the administration to maintain affordable
tuition and services.onlinesupplier.gov. Although we believe the expectations reflected
in the forward-looking statements are reasonable, they relate only to events
as of the date on which the statements are made, and our future results,
levels of activity, performance or achievements may not meet these
expectations.

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Included among the 3,400 plus items up for auction are a number of
U.
Escala Group's North American operations include Greg Manning Auctions
division, Ivy + Manning Philatelic Auctions, Greg Manning Galleries, Greg
Martin Auctions, Spectrum Numismatics, Teletrade, Nutmeg Stamp Sales, Superior
Sports Auctions, Bowers and Merena Auctions, and H.com a direct
competitor with eBay, Overstock."

Just as important to many merchant sellers in today's environment is
PropertyRoom .

auctions barter

have entered into an agreement with Development
Specialists, Inc. DSI, the liquidator responsible for
managing the disposal of the coin inventory and assets formerly owned and
managed by affiliates of the Capital Coin Fund in Ohio, is currently in the
process of soliciting additional bids for these coin assets in the open
market.L. In particular, any statement related to Escala Group's expected
revenues or earnings or Escala Group's being well positioned for future
profitability and growth are forward-looking statements. Additionally, any statements related to
future improved performance and estimates of revenues and earnings per share
are forward-looking statements. The CFL will be on display at the West Coast Choppers
headquarters until the end of May, and will be shown again at the Long Beach
Car Show on June 12th.

"Nearly 500 law enforcement agencies already use PropertyRoom.com. By partnering with merchants across the
country, we can offer our customers unique goods at a bargain price.

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Jose Miguel Herrero, chief executive officer of Escala, commented: "We are
pleased that the open bidding for the rare coin assets in Ohio concludes our
discussions with William Brandt of DSI in a positive and constructive process
for all parties. In Europe, the
leading auction houses affiliated with the network are Auctentia Subastas
(Afinsa Auctions) of Madrid, Spain, Corinphila Auktionen of Zurich,
Switzerland, and the Koehler group of auction companies of Berlin and
Wiesbaden, Germany.
Merchant/dealer activities are conducted through Greg Manning Auctions and
Central de Compras Coleccionables, S."
Mission Fish is the exclusive charity solution provider for eBay Giving
Works, and a service of the Points of Light Foundation.

Help us to make the most useful auction directory on the internet Thank you.

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of Madrid, Spain , and through Spectrum
Numismatics International, one of the largest wholesalers of rare coins in the
U."

"Our merchant partners will benefit from PropertyRoom.com

PropertyRoom.

sotheby consignment

Escala Group is a global network of leading companies in the collectibles
market with operations in North America, Europe and Asia as well as on the
Internet.

NeWave's 'AuctionLiquidator' Auctions $90 000 'Jesse James West Coast Chopper' for St. Anthony's Fundraising Drive

The auction bidding will begin at $50,000 on
June 8th and close on June 18th. Anthony's School
St.com and
http: //www. To
maintain the fraud-free safety and security that their bidders have come to
expect while buying items on its site, PropertyRoom.com vastly increases the net realization to its clients by
increasing the bidding audience to millions, rather than hundreds, and by
substantially reducing the costs and headaches of dealing with unclaimed,
forfeited and excess property.

whichever auctions

S.
The trading activities of Escala Group are conducted through A-Mark
Precious Metals, one of the largest private sellers of bullion coins and
bullion gold, silver and platinum to the wholesale marketplace. Readers are
cautioned not to place undue reliance on these forward-looking statements.
(OTC Bulletin Board: NWWV) an ecommerce solution provider, today announced
that its wholly-owned subsidiary AuctionLiquidator will auction a custom built
Cherry CFL West Coast Chopper.
NeWave, through its three operating subsidiaries utilizes the internet to
maximize the income potential and discounted savings for its customers through
a fully integrated turnkey ecommerce solution. "The PropertyRoom. Using a
nationwide logistics, warehousing and on-line auction system,
PropertyRoom.

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Anthony's School in Long Beach, California. The auction will be
listed on eBay through its affiliated non-profit provider MissionFish .
PropertyRoom.com, Ubid.com's online auction
platform can apply on the web at http://sell.

watchlist bids

(DSI), offering to purchase certain coins, bullion and other
coin-related assets for $7. Since 2000 ,
MissionFish has been providing technology, tools and support to thousands of
organizations and donors, and raised millions of dollars through online
auctions.
To find out more about NeWave (OTC Bulletin Board: NWWV), visit our
websites at http://www. Our actual results could differ materially from those
anticipated in the forward-looking statements for many reasons including: our
ability to continue as a going concern, adverse economic changes affecting
markets we serve; competition in our markets and industry segments; our timing
and the profitability of entering new markets; greater than expected costs,
customer acceptance of our products and services or difficulties related to
our integration of the businesses we may acquire; and other risks and
uncertainties as may be detailed from time to time in our public
announcements and SEC filings.

Merchants that would like to sell through PropertyRoom.

bidding bibles

com

ESCL

OnlineSupplier.

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5 million.

About St.sec.

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R. The Company's public financial information and
filings can be viewed at http: //www.com and Amazon. "Now, our growing customer base has created a
demand for additional merchandise .com than with eBay," said Ezra Dweck,
founder of Auction Riot.

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auctionliquidator. We believe that our offering is a new and
unique option for non profit organizations to raise donations and our stated
mission is to become the new standard in non profit fundraising.

About NeWave, Inc.com offers organizations of all sizes from home business to
large enterprise the ability to create, manage , and maintain effective website
solutions for e-commerce. These new offerings will come
from nearly all merchandise categories, especially consumer electronics,
power tools, housewares and jewelry -- making PropertyRoom.com, Yahoo.com platform and the ability to
relist with no listing fee enables me to sell more products and creates a
better experience for both me and my customers.

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The bidding process is scheduled to end March 29. In Asia, Escala's auctions operations are conducted
through John Bull Stamp Auctions, Ltd, the oldest philatelic auction house in
Hong Kong.S. Afinsa is Escala Group's majority shareholder.PropertyRoom.com is the largest web-based, full-service auction provider
serving the law enforcement community in the United States.

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A. The bike is personally autographed by
Discovery Channel's Monster Garage Show Host Jesse James, is 100% hand made
and includes a "Springer" front end, spoke wheels, Hell Bent pipes and a Rigid
Two 8 Web rear fender.com.com, the only full-service
online auction site serving law enforcement agencies and consumers
nationwide , today announced the addition of merchant sellers and their
product offerings to its growing audience of millions of unique visitors
per month.com to
auction stolen and forfeited goods online," said Tom Lane, founder and
chairman of PropertyRoom.

About PropertyRoom.

uploads whichever

Factors
that may cause such differences include changes in market conditions, changes
in economic environment, competitive factors and the other factors discussed
in the "forward-looking information" or "risk factors" sections included in
Escala Group's filings with the Securities and Exchange Commission, including
Escala Group's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q,
prospectuses and other documents that Escala Group has filed with the
Commission.

Investor/Analyst Contact: Perry Hall
(212-421-9400)
phall@escalagroup .com customers.com conducts credit and
background checks on all new merchant sellers.

"By providing a secure and transparent process for our customers and our
merchants we are able to ensure that both consumers and sellers will have a
positive experience," Lane said.

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The company operates through a number of subsidiaries that
specialize in various sectors of the collectibles markets, and is comprised of
three business areas: auctions, merchant/dealer operations and trading. of Madrid, which act as exclusive
suppliers of collectibles -- primarily stamps and coins -- on a worldwide
basis to Afinsa Bienes Tangibles, S.
The words "should," "believe," "estimate," "expect," "intend,"
"anticipate ," "foresee," "plan" and similar expressions and variations thereof
identify certain of such forward - looking statements, which speak only as of
the dates on which they were made. LONG BEACH, Calif . St Anthony's serves a diverse community
that crosses many socioeconomic lines.

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Christa Frankos , VP AuctionLiquidator stated, "Acquiring and auctioning
such a high profile item as a 'Jesse James West Coast Chopper' equally raises
the profile of AuctionLiquidator.

This move will multiply the amount of merchandise and shopping options
available to PropertyRoom. The site also requires
sellers' names and contact information to be transparent to the bidder.

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