Hodgins to Conduct Online Real Estate Auction and Appoints National Sales

CALGARY, Sept. 17 /CNW/ - Hodgins Auctioneers Inc. (HA-TSX.V) ("Hodgins" or the "Company") is pleased to announce their first multi-owner exclusively online real estate auction. The auction is scheduled to open September 23, 2009, and close September 30, 2009. Properties from BC, Alberta, Saskatchewan and Manitoba will be in the auction. Feature properties include three Calgary area acreages each with development potential, as well as two executive Calgary residences.

Barrie Jung, President of Hodgins, is also pleased to announce the appointment of Matt Johnson as Hodgins' National Real Estate Sales Manager. Mr. Johnson's experience includes sales and marketing of real estate, insurance and heavy trucks. He has been recruited to grow the sale of real estate by auction for Hodgins on a national scale.

According to studies by the National Auctioneers Association, approximately $58.6 billion of real estate changed hands by auction in the United States in 2008.

Mr. Johnson stated "I am excited about the potential of the sale of real estate by both live and online auctions. With a Canadian population base of approximately 10 percent that of the US, there is a lot of room for expansion of the real estate auction industry."

    About Hodgins Auctioneers Inc.

Headquartered in Melfort, Saskatchewan for more than 50 years, Hodgins Auctioneers is a provider of professional auction services. Hodgins is renowned for its experienced auctioneers, award-winning promotions, dependable results and commitment to providing the ultimate marketplace for the sale of assets by auction.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.

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SOURCE Hodgins Auctioneers Inc.

For further information: For further information: Barrie Jung, President and CEO, Hodgins Auctioneers Inc., Tel: 1-800-667-2075, Fax:(306) 752-5702, Email: barrie@hodginsauctioneers.com, Website: www.hodginsauctioneers.com

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Hodgins Auctioneers Inc.

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