David Pulsifer Joins Bidder's Edge as Director of New Business Development.Business/Technology Editors BURLINGTON, Mass.--(BUSINESS WIRE)--March 6, 2000 Pulsifer to Develop Content, Distribution and Other Strategic Relationships for Leading Online Auction Portal Bidder's Edge (www.biddersedge.com), the pioneering and leading online auction portal, today announced that David Pulsifer has joined the company as director of business development. In this role, Pulsifer will oversee the development of strategic partnerships for Bidder's Edge. Pulsifer will report to 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. of Bidder's Edge. "In today's expansive and rapidly changing online consumer marketplace, the creation of long-term corporate alliances is essential," said James Carney, president and CEO of Bidder's Edge. "David's wealth of experience in corporate commercial development and track record of successful transaction and negotiation experience will drive the future growth of Bidder's Edge. His expertise in this arena will help ensure the vitality of Bidder's Edge for years to come." As the director of business development at Bidder's Edge, Pulsifer will source, negotiate and maintain various strategic relationships, including content, distribution and other partnerships. Pulsifer's primary focus will be to implement the company's growth strategy both in the consumer space and in the business-to-business sector. In addition, he will also be responsible for the company's soon-to-be-launched affiliate program. "Having been a part of the online marketplace for years, I knew that Bidder's Edge represented the next phase in online auctions," said Pulsifer. "Bidder's Edge provides users with tools they need to be savvy, educated consumers, navigate the online auction space like experts and win auctions. The strategic partnerships we will create will prove invaluable to help propel pro·pel tr.v. pro·pelled, pro·pel·ling, pro·pels To cause to move forward or onward. See Synonyms at push. [Middle English propellen, from Latin the company to the top of the market." Pulsifer comes to Bidder's Edge from Robertson Stephens & Company, a leading investment banking group. As senior associate/vice president of corporate finance for the European Consumer/Business Services Group, Pulsifer helped to execute over 25 public equity offerings and raised over $1 billion for his clients. Prior to joining Robertson Stephens & Company, Pulsifer co-founded CompleteCar.com, an automotive portal designed to provide consumers with independent information on the U.S. automobile market. He created the company's business plan, secured first-round equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. , and initiated strategic partnership agreements. Previously, Pulsifer was an assistant in the institutional equity sales division of Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. & Company. Pulsifer earned a B.S. in management and economics from Carnegie-Mellon University. He recently relocated re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. to Boston from California and enjoys all extreme sports extreme sports Sports events characterized by high speed or high risk. Such sports include aggressive inline skating, wakeboarding, street luge, skateboarding, and freestyle bicycle events (wherein tricks such as back flips are performed on a bicycle). , notably mountain biking mountain biking Sports medicine A sport in which participants use specialized bicycles to navigate rough, steep trails covered with unforgiving rocks Injury risk Concussions, fractures, death. See Extreme sport, Novelty seeking behavior. , scuba diving scuba diving Swimming done underwater with a self-contained underwater-breathing apparatus (scuba), as opposed to skin diving, which requires only a snorkel, goggles, and flippers. Scuba gear was invented by Jacques-Yves Cousteau and Émile Gagnan in 1943. and sea kayaking A Sea kayak or touring kayak is a kayak developed for the sport of paddling on open waters of lakes, bays, and the ocean. Sea kayaks are seaworthy small boats with a covered deck and the ability to incorporate a spraydeck. . About Bidder's Edge Bidder's Edge, Inc., the largest online auction portal, aggregates nearly 6 million items at more than 160 leading person-to-person and merchant online auction sites, including the FairMarket network. It is the first Web site to help buyers find great deals and win more auctions. Its popular tools and services facilitate the bidding process by searching multiple auction sites, tracking items of interest and providing the best market intelligence. InformationWeek named Bidder's Edge as one of the 100 most innovative practitioners of e-business in the New Economy. Internet Cool Guide also identified Bidder's Edge as a leading auction Web site. Bidder's Edge was founded in April 1997 and is headquartered in Burlington, Mass. |
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