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Bidland.com Deploys 1,200 Auction Sites in Four Months; Positions Itself as a Leader in B2B Online Auction Marketplace.


Business Editors & High Tech Writers

SAN DIEGO--(BUSINESS WIRE)--April 5, 2000

Bidland.com, a leading auction application service provider for businesses, announced today that it has deployed more than 1,200 total auction sites the past four months.

"Bidland.com has established itself as a leader in the online auction arena by providing rapid deployment, no-risk pricing and an application that retains seller branding, look and feel," said Doug Augustine, chief executive officer and co-founder of Bidland.com. "Until now, businesses have been faced with choosing the lesser of two evils: big auction portals that dilute di·lute
v.
To reduce a solution or mixture in concentration, quality, strength, or purity, as by adding water.

adj.
Thinned or weakened by diluting.
 or destroy their brand identity altogether; or custom development solutions that are costly and slow to deploy. Bidland.com's solution enables businesses to move fast, sell smart and keep their brands strong."

As one of the first application service providers (ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). ) for auctions, Bidland.com provides a unique approach for sellers to build and manage online auctions. Bidland.com can help companies:

-- Grow business to business transactions

-- Grow business to consumer transactions

-- Improve inventory liquidation The collection of assets belonging to a debtor to be applied to the discharge of his or her outstanding debts.

A type of proceeding pursuant to federal Bankruptcy
 

-- Establish a sales venue for exclusive merchandise and

memorabilia mem·o·ra·bil·i·a  
pl.n.
1. Objects valued for their connection with historical events, culture, or entertainment: posters, publicity photographs, and other movie memorabilia.

2.
 

-- Price test new products

"The market for online auctions is one of the fastest growing in the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. , 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.
 Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
  • Founded: 1983 by George F.
, with revenues expected to exceed $52 billion by 2002," said Don Elledge of Delloite & Touche. "Bidland.com has split the divide between huge consumer auction sites and custom software development solutions to deliver a unique Web-based application See Web application.  that is poised to capture a definable segment of this market."

About Bidland.com

Bidland.com offers a low-cost, high branding infrastructure solution for companies of any size to conduct commerce online. Developed for the business-to-business marketplace, Bidland.com delivers sophisticated, hosted auction technology that integrates seamlessly into companies' Web sites, displaying their look, their brand and their unique products. Bidland.com's easily deployable service requires minimal technical support and allows businesses to build and launch their own branded auctions in under thirty minutes. For more information visit www.bidland.com or call toll free 1-877-BIDLAND.
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Publication:Business Wire
Date:Apr 5, 2000
Words:337
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