Business-to-Business Auctioneer DoveBid Launches DoveBid.com.FOSTER CITY, Calif.--(BUSINESS WIRE)--Nov. 1, 1999-- Industry-Leading On-Site Auctioneer AUCTIONEER, contracts, commerce. A person authorized by law to sell the goods of others at public sale. 2. He is the agent of both parties, the seller and the buyer. 2 Taunt. 38, 209 4 Greenl. R. 1; Chit. Contr. 208. 3. is First to Span Analog and Digital Worlds Over 10,000 Capital Assets capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account) , Representing Tens of Millions in Auction Value Available On-Line Day 1 DoveBid, Inc., one of the world's leading on-site auctioneers and capital asset sale advisors, today launched its eagerly awaited a·wait v. a·wait·ed, a·wait·ing, a·waits v.tr. 1. a. To wait for. See Synonyms at expect. b. on-line auction service, DoveBid.com. By tightly integrating the new on-line auction service with its global on-site auction business, DoveBid has become the first business-to-business auctioneer to effectively span the analog and digital worlds. 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. Ross M. Dove, 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 DoveBid, "Our company's strength - for the past 60 years - has been the ability to efficiently and successfully bring together sellers and buyers of capital assets. From Silicon Valley to Singapore, our auctions have resulted in over $5 billion in 'fall-of-the-hammer' sales. "With this unveiling of DoveBid.com - the premier 'virtual exchange' for all kinds of capital assets - we are achieving a significant milestone in our corporate mission to build the world's largest and most respected business-to-business industrial auction house...on-line and on-site. Already, over 10,000 capital assets in 20 different categories are available in date-certain events on DoveBid.com, representing tens of millions in auction value. Moreover, visitors to DoveBid.com can also preview the capital assets that will be available at 15 major on-site auctions we'll be conducting over the next 45 days. In other words Adv. 1. in other words - otherwise stated; "in other words, we are broke" put differently , our already-global auction business just got quite a lot larger." According to Doug Cook, Raytheon Systems, "Unlike some Internet listing services that purport To convey, imply, or profess; to have an appearance or effect. The purport of an instrument generally refers to its facial appearance or import, as distinguished from the tenor of an instrument, which means an exact copy or duplicate. PURPORT, pleading. to be real business-to-business auctioneers, DoveBid has literally decades of experience helping companies like Raytheon maximize their return on business assets. The company's move into the on-line sphere is good news for buyers and sellers alike because it expands the market potential for unproductive business assets, irrespective of irrespective of prep. Without consideration of; regardless of. irrespective of preposition despite their value or physical location." "Having established themselves successfully in the brick-and-mortar capital asset auction market, and with an extensive and growing base of buyers, DoveBid is positioned to gain a very firm foothold foot·hold n. 1. A place providing support for the foot in climbing or standing. 2. A firm or secure position that provides a base for further advancement. foothold Noun 1. in the business-to-business capital asset online auction market," said Lara Abrams, a senior analyst in E-business product management at Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. . DoveBid.com Particulars DoveBid.com is a highly scalable state-of-the-art web site for business-to-business auctions. Whether sellers have a single item - or a whole facility - DoveBid.com gives them access to the industry's largest universe of qualified buyers. Included in this buyer base is DoveBid's existing database of over 100,000 capital asset buyers as well as the thousands of new buyers who access the DoveBid.com site. The 10,000-plus assets on the DoveBid.com site are organized into 20 master categories that cover the entire spectrum of manufacturing - from textiles to telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. . They represent, by far, the broadest array of idle capital assets on any site in the on-line marketplace. In addition, the assets on DoveBid.com are not just posted and ignored. They are transferred from seller to buyer in real-time, date-certain events; typical programs last seven to 30 days in duration, depending on the type of asset being sold. Moreover, to ensure that sellers get maximum value for the capital assets they list on DoveBid.com, DoveBid offers value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. , such as direct access to the company's database of actual auction results (auction value of over $5B) and live contact with seasoned asset appraisers and valuation experts. "Starting today, for burives the right price." For more information on DoveBid.com, please visit the web site at: www.dovebid.com. About DoveBid, Inc. DoveBid, Inc. is the industnet auctions, sealed bids, private treaty sales and custom-structured transactions, DoveBid's experienced auction professionals have successfully sold more than $5 billion in assets - from textiles to telecommunications - since the company's inception in 1937. DoveBid has conducted more than 3,000 auctions worldwide and has sold more than 10 million individual lots on behalf of government agencies, financial institutions and corporations, including more than half of the Fortune 500. The company recently launched DoveBid.com, the premier "virtual exchange" for all kinds of capital assets. For more information, please visit DoveBid's web site at http://www.dovebid.com or call company headquarters in Foster City, CA, at (650) 571-7400. |
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