$4 Million Alcatel Loop Up for Auction at TekSell.com.Business Editors, High Tech Writers RALEIGH, N.C.--(BUSINESS WIRE)--Dec. 7, 2000 Largest single item to be sold by high-tech auction site TekSell.com, the world's largest online business-to-business e-marketplace of high-end IT equipment today announced it will put up for auction an Alcatel DSC (1) (Digital Signal Controller) A microcontroller and DSP combined on the same chip. It adds the interrupt-driven capabilities normally associated with a microcontroller to a DSP, which typically functions as a continuous process. See microcontroller and DSP. Digital Local Loop (DLL (1) See data link layer. (2) (Dynamic Link Library) An executable program module in Windows that performs one or more functions at runtime. DLLs are not launched by the user; they are called for by an executable program or by other DLLs. ) valued at more than $4 million. TekSell and ProMobility, Inc. (www.promobility.net), a leading Canadian wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. provider, will auction the DLL on Friday, December 8, 2000 at the TekSell.com auction Web site (www.teksell.com). This is the highest priced single item ever to be auctioned on the e-marketplace that primarily focuses on the exchange of high-end new, remanufactured, and previously owned data, video and voice hardware. "TekSell's established position as the trusted marketplace for high-end IT equipment gave us the confidence to auction such a significant piece of hardware on the site," said Jeff Litman, director of ProMobility, Inc. "We see this as a great opportunity to take advantage of a competitive environment to get the greatest return for our client." The new Alcatel DSC DLL equipment includes Litespan and Airspan equipment. The minimum opening bid is $1,775,000 and all bids for this equipment will be sealed. The auction begins on Friday, Dec. 8 at 4 p.m. EST. The winning bidder will be notified privately via email after the close of auction. Interested parties can register for the auction on the TekSell.com site. "This is a great milestone for TekSell," said Andy Cummins, TekSell.com president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We see more and more companies turning to dynamic pricing as a way to receive the maximum return on their investment. Our clients see the real value in the auction model and appreciate the fact that we target the serious IT professional. This certainly takes the high-end auction industry to the next level and sets the standard for what can be accomplished via e-marketplaces like TekSell." ABOUT TEKSELL Headquartered in Research Triangle Park Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , TekSell.com provides trusted B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business auctions of high-end IT equipment such as servers, routers and switches. The company is uniquely positioned as the marketplace for serious IT professionals seeking certified data, video and voice equipment with money-back guarantees, manufacturers' warranties and secure transactions with escrow escrow Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition. protection. TekSell.com also offers proprietary branded auctions for OEMs, distributors and resellers without causing channel conflict. For more information, visit www.teksell.com or call (919) 719-3535. |
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