Auction Blog

NEW YORK, NY - Auction Floor, Inc., a leading web-based technology provider to the auction industry, is pleased to announce sales and technical accomplishments for 2nd quarter 2008. The Company continues to develop and integrate its auction trading platform with a diverse group of customers and channel sites.
Highlights for the 2nd quarter are as follows:

Technology Update:

Completed the relocation of Company’s auction technology
infrastructure to a leading Tier A facility. The Company’s server network
meets highest standards for security and reliability.

Integrated Auction Manager loading tool into Auction Zip, enabling
11,000 auction houses to reach 650,000 unique visitors a month posting
items for sale on the Auction Zip website. Marketing of the tool will
commence during the balance of the 3rd quarter, and the Company anticipates
listing fee revenues to contribute to 4th quarter results.

Integrated Auction Manager with eBay’s retail marketplace system
complementing the current integration into the eBay live auction system.
Auction Houses, and online sellers, standardized on the Company’s trading
platform will have the added convenience to pay listing fees and promote
their items on eBay from a central point of control.

Integrated and launch of Auction Manager loading tool for Bidtopia,
enabling a large market of online sellers to pay competitive listing fees
and post their items for auction on the fast-growing Bidtopia website and
extending the Auction Floor trading platform to a broad audience of buyers.

Projected completion and launch of auction sales with GoAntiques,
OnlineAuction.com and Universal Live Auctions, in which the Company will
earn listing fees and transactional fees from the hosting of a projected
5,500 auction events annually, commencing during the 4th quarter of 2008.

Strategic sales agreement with Auction Wire intended to build a
leading web-based online auction portal to manage global fund-raisings for
large corporate clients, and international non-profit and charitable
organizations. The Company’s auction trading platform will be standardized
and revenues will be generated from listing and transactional fees on
auction events marketed and produced by Auction Wire.

Growing backlog of auction houses and online sellers seeking to
standardize on the Company’s auction trading platform, scheduling technical
demonstrations, testing, and sales service agreements which the Company
projects will continue to grow during the balance of 2008, and into 2009.

More here:
Auction Floor Announces 2nd Quarter Accomplishments

CALGARY, ALBERTA - Shaw Communications Inc. (TSX: SJR.B) (NYSE: SJR) (”Shaw” or the “Company”) is pleased to announce that after almost eight weeks of competitive bidding, the auction for Spectrum Licences for Advanced Wireless Services (”AWS”) has concluded. The auction began on May 27, 2008 and Shaw was successful in acquiring approximately 20 megahertz of spectrum across its cable operating footprint in Western Canada and Northern Ontario.

Jim Shaw, Chief Executive Officer and Vice Chair, commented, “Ownership of spectrum is an important strategic asset for Shaw and represents good value for our shareholders. We believe the total cost of $190 million, or approximately 5 per cent of the total auction proceeds, was an appropriate investment to gain ownership of this asset and that our strategy was prudent and responsive in light of higher than expected prices.”

“Ultimately, increased competition means the consumer wins. Our advantage is that we have an extensive network supported by 10,000 employees and multiple products already on the market. Customers should see competitive wireless products backed by the same commitment to service that they have come to expect from Shaw.”

Shaw Communications Inc. is a diversified communications company whose core business is providing broadband cable television, High-Speed Internet, Digital Phone, telecommunications services (through Shaw Business Solutions) and satellite direct-to-home services (through Star Choice). The Company serves 3.3 million customers, including approximately 1.5 million Internet and 500,000 residential Digital Phone customers, through a reliable and extensive network, which comprises over 600,000 kilometres of fibre. Shaw is traded on the Toronto and New York stock exchanges and is included in the S&P/TSX 60 Index (TSX: SJR.B) (NYSE: SJR).

Contacts:
Shaw Communications Inc.
Investor Relations
Email: Investor.relations@sjrb.ca
Website: www.shaw.ca

See original here:
Shaw Announces Wireless Spectrum Auction Results

HOUSTON - SalvageSale, Inc., the leading online auction marketplace and services provider for the insurance industry and corporate end-of-life assets announced today the promotion of two significant employees.

Jim Reilly, Executive Vice President and COO, has been promoted to President and COO of SalvageSale. Having held many key operational and sales positions since joining the company in early 2000, Reilly will be responsible for guiding the company’s continued expansion of all lines of global property and casualty insurance markets. With this promotion, Reilly will be responsible for the U.S. insurance business and salvor services operations and the recently established UK subsidiary, SalvageSale Limited, which services the company’s UK, European and Asian-based insurance business.

Chad Farrell, currently Vice President of Sales Operations, has been promoted to the newly created position of Senior Vice President of Strategy and Operations. Farrell will continue to oversee all global sales operations, and will assume the additional responsibilities of managing strategic alliance partnerships and evaluating acquisition opportunities. Farrell will continue to leverage his background in oil and gas to grow CapitalAssetSale, the division of the company dedicated to end-of-life and surplus corporate assets.

“Jim’s commitment to customer service and broad expertise in servicing complex losses and providing solutions for our insurance clients makes him the ideal candidate to manage our global insurance practice,” said Daniel S. Parsley, Chief Executive Officer of SalvageSale, Inc. “Chad’s impact on our operations has positioned the company to expand our business more aggressively through both organic and acquisition-driven growth initiatives.” Parsley will continue to serve as CEO at SalvageSale, Inc. and will lead the CapitalAssetSale division of the company.

“We invested in SalvageSale based on the unique diversity of the management team and the company’s unparalleled position in this growing market space. We congratulate both Jim and Chad on their promotions and look forward to continued success,” said Sean White, Partner at Spire Capital Partners.

Jim Reilly has over 20 years of operations and sales management experience. Prior to joining SalvageSale in 2000, he held senior technical, operations, and sales management positions for an energy-focused industrial services firm, overseeing nine business groups with over $500 million in annual revenue. Jim has extensive experience integrating operations, building large sales teams as well as managing business operations. Jim was one of the leading architects of SalvageSale’s unique online auction process and integrated salvor services offering which is custom designed to meet the growing needs of global commercial property and casualty companies. He has managed numerous client losses in all parts of the world, including well known catastrophic events such as Hurricanes Katrina, Rita and the four devastating Florida hurricanes in 2004.

Chad Farrell has nearly 20 years experience in operations, technology and the management of growth companies. Prior to joining SalvageSale, he was the chief operating officer of a Houston-based, US-focused online energy equipment auction company, where he was involved in the turnaround of the company and a key architect of their current business model. Since joining SalvageSale, Chad has reengineered SalvageSale’s sales operations process and has managed online auctions of all lines of commercial and industrial assets, including numerous complex international projects in every major region of the world.

About SalvageSale, Inc.

SalvageSale, Inc. is the leading online marketplace and services provider for the insurance industry and corporate end-of-life assets. By combining comprehensive services and leveraging the Internet to increase transaction transparency and efficiently access a global universe of buyers, SalvageSale and CapitalAssetSale have dramatically improved recovery results for sellers of commercial salvage goods, as well as corporate surplus and end-of-life assets. SalvageSale, Inc. is headquartered in Houston, TX, and has offices in London, New York, Chicago, and Ft. Myers, FL. The company also has global representatives in Singapore, Antwerp and Rotterdam. Visit www.SalvageSale.com or www.CapitalAssetSale.com for more information.

Read more here:
SalvageSale, Inc. Online Auction Marketplace Announces Strategic Organizational Changes