Bidder's Edge Reaches Three-Quarters of a Million Unique Visitors.BURLINGTON Burlington, town, Canada Burlington, town (1991 pop. 129,575), SE Ont., Canada, on Lake Ontario. First settled (1798) by Mohawk Loyalist Joseph Brandt, Burlington's economy was built on the shipment of wheat, lumber, and quarried rock by waterway. , Mass.--(BUSINESS WIRE)--May 17, 1999-- First Online Auction Portal Indexes More Than 90 Percent of the Items Offered at Merchant Auctions Bidder's Edge (http://www.biddersedge.com), the leading online auction portal on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the , announced it has surpassed 750,000 unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. to its site since its launch in November November: see month. 1998. In that same six-month period, more than 4 million items, worth over $260 million, have been listed at Bidder's Edge. With the explosive growth in the number of online auction sites, the need for a portal that allows users to efficiently explore all of these sites for the best deal has grown as well. Bidder's Edge is the first and only company to offer search, categorization and other capabilities across auction sites, which allows users to bid smarter and more easily. These capabilities include historical pricing, and real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. features, such as bid tracking through My Auctions and availability notification through Deal Watch(SM). Bidder's Edge provides access to items available at 20 of the leading online auctions and will continue to expand its offerings. The site currently includes more than 90 percent of the items available at online merchant auctions, such as Onsale (Nasdaq:ONSL ONSL Old North St. Louis (neighborhood just north of downtown St Louis, MO) ONSL Optical Network Simulation Layer (VPI) ONSL Organization Nationale des Syndicats Libres ), First Auction, Bid.com (Nasdaq:BIDS) and uBid (Nasdaq:UBID). Each week, more than 40,000 unique items, including consumer electronics and computer equipment, are available from merchant auctions accessible through Bidder's Edge. "The three-quarters of a million visitors who have used Bidder's Edge are a testament to the need for a service that helps bidders find what they're looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. and gives them the tools to buy at the best possible price," said James Carney car·ney n. Informal Variant of carny. , 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. , Bidder's Edge, Inc. Bidder's Edge's first partner, Lycos (Nasdaq:LCOS (Liquid Crystal on Silicon) A technology used to make microdisplays for rear-projection TVs and head-mounted displays (HMDs). Each LCoS chip hosts a grayscale LCD shutter sandwiched between a cover glass and a mirror. ), recognized the importance of providing this type of advanced auction capabilities to its users. Lycos partnered with Bidder's Edge to provide its technology directly through the Lycos site as "Lycos Auctions." Other leading Web media communities also realize the value of this technology and additional partnerships with major Internet players will be announced soon. A further testament to the value that Bidder's Edge provides the online auction community is its selection by PC Magazine as one of the top 100 Web sites of 1999, and one of the top five auction/classified sites. In the April 1999 issue, PC Magazine recognized Bidder's Edge as the best available service for searching multiple auction sites at once and providing users with valuable tools for finding and winning items at online auctions. "Sensing the potential growth and impact of online auctions, we founded Bidder's Edge based on the inevitability that online auction users would need an efficient and easy way to search the growing number of online auction sites available today, " said James Carney. "The initial focus of Bidder's Edge was to provide the absolute broadest coverage of the merchant auctions, and we have achieved that goal. In the coming weeks, users will also see a dramatic expansion in our coverage of person-to-person auctions as well." About Bidder's Edge Bidder's Edge, Inc., headquartered in Burlington, Mass., is the leading online auction portal on the Internet, and is the first company to provide tools and services that give auction users an edge. Named one of 1999's `Top 100 Web Sites' by PC Magazine, Bidder's Edge gives bidders the most comprehensive view of products being sold on the Internet via auctions. Bidder's Edge provides a number of features that make it easier and simpler for users to bid and win. These include historical pricing, which helps bidders make more educated bids, and Deal Watch(SM), which notifies bidders by e-mail or by instant messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or when a desired item is available at an auction site. The company was founded in April of 1997. Visit the Bidder's Edge Web site at http://www.biddersedge.com. All product or service marks mentioned herein are those of their respective owners. |
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