TaketoAuction.com (AMEX: TTA) reported increases in revenues for the second quarter ended June 30, 2001, totaling $3.0 million, an increase of 188% over the revenues for the second quarter of 2000. TaketoAuction.com offers auctions (http://www.taketoauction.com) and virtual storefront (http://www.TTAsuperstores.com). TTA handles order processing, payment processing, customer service and fulfillment on behalf of its users. TTA users' profit from the difference between the selling price and the price TTA charges them for a particular item. TTA also operates TTA Direct (http://www.TTAdirect.com), a retail storefront that sells products to the general public and TTA Eventworks (http://www.TTAeventworks.com), which facilitates online promotional auctions through eBay and their affiliates.