Proxibid Reaches Record 300+ Auctions in March

Proxibid, a premier provider of live auction broadcasting services, today announced that the Company broadcast 350 live auctions during the month of March. This is a new record for Omaha-based Proxibid, which has enjoyed a steady increase in its auction schedule since the Company began operations in 2003.

Over the past four years, Proxibid, Inc. has become the sleeping giant in the Internet auction industry. The Company is a pioneer of live Internet bidding technology and has attracted a client list of more than 800 auctioneer house customers. Proxibid hosted a record number of first-time auctions during the month of March, and signed on an unprecedented number of new clients during the same time.

Proxibid’s live bidding service is connected to a powerful auction portal where auction companies can post their catalog for bidders to browse and search. The technology integrates seamlessly with the live auctions, allowing bidders to see, hear and participate in the auctions from the comfort of their home or office via the Internet.

“Proxibid has helped us grow our business by allowing us to reach new customers every time we have an auction,” said Ken Jackson, CAI, of The Auction Marketplace. “We have realized an additional 40% gross revenue when we conduct live auctions with Proxibid versus revenues realized during a traditional auction. It’s not every day that you forge a partnership that generates that kind of increase, and we are very pleased with the results we’ve experienced by working with the Proxibid.”

Online bidders on Proxibid reached an all-time high in March. This record increase can be attributed to Proxibid’s reputation for offering auction companies and bidders alike service and support that is unmatched in the industry.

“We work with Proxibid because of the Company’s reputation for unparalleled customer service and support,” said Beth Rose of Beth Rose Auctions. “Proxibid not only works with my internal staff to make sure our auctions run smoothly, their dedicated call center staff works directly with bidders to ensure all concerns are handled professionally and efficiently.”

From antiques and collectibles to farm equipment, heavy machinery and real estate, Proxibid has something for everyone for sale on its Web site. Bidders can log on to register to bid, to view auction schedules and catalogs and leave pre-bids at http://www.proxibid.com/. Proxibid offers the largest selection of items available for live Internet bidding in the industry.

About Proxibid

Proxibid is the premier provider of live Internet auction broadcasting services. With Proxibid, bidders have access to real auctions, with real auctioneers, from the comfort of their home or office. Bidders can view auction catalogs, post pre-bids and participate in real-time Internet bidding via Proxibid’s powerful auction portal. As a leading pioneer of live Internet bidding technology, Proxibid continues to lead the marketplace by offering an unparalleled level of customer service and support.

To learn more about Proxibid, please log on to http://www.proxibid.com/.

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