Bid Live Online at Proxibid for Cat[R] Auction Services' March 26 Heavy Equipment Auction.

OMAHA, Neb. -- Proxibid, the world's largest provider of live auction webcasting services, today announced that it will provide live online bidding for a major heavy equipment auction presented by Cat Auction Services. The live auction will take place Thursday, March 26 at 9:00 a.m. CDT at the Elko Speedway in Elko, MN with live online bidding commencing at that time. Auction registration and pre-bidding are already available via www.proxibid.com/catauctions.

Surplus equipment from OMG-Midwest, Doboszenski and Sons, Shaw Earth Moving, Inc. and others will cross the auction block during this live auction webcast. More than 250 pieces of high-quality equipment will be featured during the event, including: skid steer loaders, hydraulic excavators, motor graders, wheel loaders, asphalt loaders, dump trucks and much more. Items of interest include:

* Lot 134: 2005 CAT 287B MULTI TERRAIN LOADER SN 0ZSA01475, 2,363 Hours -EROPS, A/C, htr, no door, bkt, hyd coupler, aux hyd. Equipment Protection Plan Options - Coverage Type: Powertrain; 3 Months: $871; 6 Months: $1,812; 1 Year: N/A

* Lot 215: 2005 CAT D8T TRACK TYPE TRACTOR SN 0KPZ00337 6,733 Hours -EROPS, A/C, SU blade, CAT ripper (3) shank, 28" pads. Equipment Protection Plan Options - Coverage Type: Powertrain; 3 Months: $2,800; 6 Months: $6,012; 1 Year: $14,224

* Lot 245: 2006 KOMATSU PC600LC8 HYDRAULIC EXCAVATOR SN 30024 2,771 Hours - EROPS, 57" sand bkt, 35.5" pads, 17'1" stk

* Lot 251: 2006 CAT 330DL HYDRAULIC EXCAVATOR SN 0MWP00438 3,405 Hours -EROPS, A/C, 12'10" stk, aux hyd. Equipment Protection Plan Options: Coverage Type: Powertrain & Hydraulics; 3 Months: $1,788; 6 Months: $3,918; 1 Year: $9,729

* Lot 346: 2003 FREIGHTLINER M2 LUBE TRUCK SN 1FVHCYAK34HM18749 127,311 Hours - Auto shift trans, 50 gal fuel tank, Sherman Tank Co. 2150 gal bulk fuel tank, IMT lube system, has the following bulk oil tanks: 2-50 gal, 2-115 gal, 2- 85 gal, 1-150 gal, 1-235 gal, also has several storage areas and a grease system, drive tires 11R22.5 at 75%, steer tires 385/65R22.5 at 50%, all alum rims, walking tandem suspension, Cat 3126 eng s/n HEP30954, 300 HP, clean water tank for pressure wash system, air comp

"Once again, we are thrilled to be able to offer an auction with this caliber of equipment to a global, online audience," said Rick Albin, President and CEO of Cat Auction Services. "Our combined expertise in the heavy equipment industry and our world-class product support capabilities allow us to offer a level of quality and assurance never before seen in the auction industry. We are excited to offer buyers and sellers this revolutionary service, designed to reduce the risk that's inherent in many auctions."

Cat Auction Services offers its buyers detailed inspections, a range of equipment protection plans on qualified Cat equipment as well as unparalleled Cat dealer parts and service support before and after the sale. Bidders will also enjoy Proxibid's full-service customer service and support, which will be available before, during and after the live auction webcast.

For more information about this auction, register to bid or to pre-bid, please visit www.proxibid.com/catauctions.

About Proxibid

Since 2002, Proxibid has webcast more than 16,000 auctions - more than any other company in the industry. The Company hosts more than 100 equipment auctions each month, and has more heavy equipment inventory than any other live, online auction provider in the industry. Proxibid's proprietary live Internet bidding service and Web site were developed by auctioneers and industry-leading professionals to provide our bidders with the most user-friendly and comprehensive live online auction experience possible.

Proxibid's customer service and support is unmatched in the industry. The company's toll-free support center is open before, during and after every live auction, and is staffed with bi-lingual auction specialists who assist both bidders and auctioneers. For more information about Proxibid, please visit us online at www.proxibid.com.

About Cat Auction Services

Cat Auction Services was formed in 2008 and is a unique partnership of Cat dealers. Cat Auction Services enhances dealer offerings to give customers another option in buying and selling used equipment. The company's expertise in the heavy equipment industry and world-class product support capabilities allow them to offer a level of quality and assurance never before seen in the auction industry. Visit www.catauctions.com for more information.