B2B Pioneer ComAuction.com Adopts Bidpath Solution to Enhance Listings for Buyers; Bidpath Posts Auction Listings Across ComAuction.com's 15 Vertical Industries.Business Editors/Technology Writers BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 20, 2000 Bidpath Corporation (www.bidpath.com), e-infrastructure and Internet distribution provider to traditional auctioneers, and ComAuction have initiated an agreement to bring old world auction listings to ComAuction.com, a premier on-line business-to-business auction Web site. "Traditional auctioneers have access to everything from microscopes to tractors," said Scott Laster, 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. and president of Bidpath. "With Bidpath's distribution network, our sellers have the potential of reaching many more buyers." Traditional auctioneers generate hundreds of thousands of listings every year from businesses wishing to dispose of To determine the fate of; to exercise the power of control over; to fix the condition, application, employment, etc. of; to direct or assign for a use. See also: Dispose used capital assets capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account) . Online auction sites need merchandise to fill the categories that their buyers want. Bidpath-enabled auction companies have merchandise from across the country to fill the more than 15 vertical categories featured on ComAuction. Nearly all businesses purchase and dispose of assets at auctions. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. industry reports, a growing number of companies demand that auctioneers distribute their assets online. Traditional auction companies have had difficulty meeting this demand because posting their many items to the Internet was extremely time intensive. With Bidpath's industry-specific solution, auctioneers now post items on the Internet with ten times the efficiency. This solution has made the auction of surplus business assets on the Internet a cost-effective and viable business practice -- one which auction companies have been quick to adopt. About ComAuction ComAuction is an Internet commercial and business e-commerce sales service providing an outlet to buy and sell materials, goods, and services. Businesses and commercial customers are brought together to conduct transactions in a safe, convenient and powerful market arena. It is especially suited for businesses who are recapturing lost assets by liquidating over-runs, obsolete and surplus goods or equipment. More information is available at www.ComAuction.com. About Bidpath Corporation Bidpath Corporation (www.bidpath.com) is building a bridge between old world, traditional auction companies and business-to-business and business-to-consumer online auction powerhouses. Bidpath's comprehensive system and patent-pending technology gives them a first mover advantage in this large, fragmented and self-sustaining marketplace. Bidpath supplies industry-specific e-marketing tools, which give auctioneers the ability to take their lengthy, labor-intensive inventory and posting process and make it easy. Bidpath's investor is Timberline timberline, elevation above which trees cannot grow. Its location is influenced by the various factors that determine temperature, including latitude, prevailing wind directions, and exposure to sunlight. Venture Capital, the Northwest affiliate of Draper, Fisher, Jurvetson (www.dfj.com). Bidpath Corporation distribution partners include Amazon.com LiveBid Auctions (Nasdaq:AMZN AMZN Amazon.com (NASDAQ symbol) ), Yahoo! 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 Business Marketplace, bLiquid.com, GSNet.com, a Trader.com company (Nasdaq:TRDR), and ecFood.com. Technology partners are FlashPoint and Kodak (NYSE NYSE See: New York Stock Exchange :EK), Bidpath-enabled auction customers include Rabin Brothers and Associates, Cunningham and Associates, John Roebuck This article is about the English inventor. For the 19th century British politician, see John Arthur Roebuck. John Roebuck (1718 – July 17, 1794) was an English inventor, who played an important role in the Industrial Revolution. and Associates and Auction Systems. Contact Bidpath at 425/558-4441. |
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