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AssetTRADE Forms Strategic Alliance With Perfection Machinery.


Business Editors

KING OF PRUSSIA King of Prussia, industrialized suburban area (1990 pop. 18,406), Montgomery co., SE Pa. It has glass and steel fabricating, food processing, printing and publishing, and varied manufacturing (textiles, liquified petroleum gas, water-treatment and electrical , Penn.--(BUSINESS WIRE)--April 26, 2000

AssetTRADE (www.assettrade.com), the definitive, full-service global marketplace for the disposition and acquisition of used industrial equipment and machinery, announced today that it has acquired the 15-person sales force of Perfection Perfection
Giotto’s O

perfect circle drawn effortlessly by Giotto. [Ital. Hist.: Brewer Dictionary, 463]

golden mean

or section
 Machinery Sales, Inc. as part of the strategic alliance between the two companies. Perfection, the international one-stop source for metalworking machinery solutions, will make all of its equipment available at the AssetTRADE marketplace.

"We believe that this alliance adds tremendous value to AssetTRADE's marketplace and enhances our leadership position to bring together global buyers and sellers online," said Robert Kohn, Chairman 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.  of AssetTRADE. "As one of the top machine tool dealers in the world, Perfection has one of the largest inventories and is internationally recognized."

Recently launched, AssetTRADE combines 175 years of asset management and recovery experience, the largest database of pre-qualified buyers and sellers, and best-in-class partners. AssetTRADE delivers total customer service to meet the needs of sellers and buyers in a way that is faster, easier and with less hassle Hassle () is a location in Närke, Sweden, where a Celtic treasure was found in 1936.

It comprises a large bronze cauldron which contained two Bronze Age swords of the Hallstatt type, a pommel of bronze, two bronze buckets with
 than stand-alone traditional methods and many e-commerce sites.

"We feel that the synergies between Perfection Machinery and AssetTRADE make this a win-win alliance," said David A. Muslin muslin, general name for plain woven fine white cottons for domestic use. It is believed that muslins were first made at Mosul (now a city of Iraq). They were widely made in India, from where they were first imported to England in the late 17th cent. , CEO of Perfection Machinery.

About AssetTRADE

AssetTRADE is the definitive global marketplace for used industrial equipment. The company's on-line and off-line sales and marketing capabilities offer AssetTRADE customers the ability to identify, evaluate, appraise appraise v. to professionally evaluate the value of property including real estate, jewelry, antique furniture, securities, or in certain cases the loss of value (or cost of replacement) due to damage.  and resell re·sell  
tr.v. re·sold , re·sell·ing, re·sells
1. To sell again.

2. To sell (a product or service) to the public or to an end user, especially as an authorized dealer.
 industrial machinery and equipment. Please visit our Web site at www.assettrade.com.

About Perfection Machinery Sales, Inc.

Perfection Machinery Sales, Inc. was founded in 1963 as a source of quality used metal working machinery. Perfection's dedication to developing successful business relationships with machinery dealers, leading national manufacturers, and growing smaller companies, continues to this day. The company has since grown into the international leader in the used metalworking machinery industry with inventory located in 11 countries. Perfection's inventory of used press, fabricating and CNC (Computerized Numerical Control) See numerical control.

CNC - Collaborative Networked Communication
 equipment is the largest in the world, with facilities and networks worldwide. Today, Perfection is the industry's International One-Stop Source for Metalworking Machinery Solutions, offering a broad range of products and services to meet every metalworking need.
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Publication:Business Wire
Date:Apr 26, 2000
Words:362
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