Caltech Y Golf Tournament and Auction

Pasadena, Calif - On October 10, 2008, the Caltech Y will host its first Annual Golf Tournament and Auction at Brookside Golf Course in Pasadena to fund its volunteer service, leadership and advocacy programs. With support from friends, community members, business leaders, and the event chair Don Brown, retired general manager at Brookside, this event […]

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Caltech Y Golf Tournament and Auction

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FINE JEWELRY TO BE AUCTIONED BY SKINNER SEPTEMBER 16TH

BOSTON, Mass. – www.skinnerinc.com - Skinner, one of the nation’s leading auction houses, today announced highlights of its upcoming fine jewelry auction. The auction, which takes place on September 16th in Skinner’s Boston gallery, features fashions of every style – with almost 600 lots of Art Deco, Victorian, Art Nouveau and contemporary pieces.
To be offered […]

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FINE JEWELRY TO BE AUCTIONED BY SKINNER SEPTEMBER 16TH

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Auction Floor Announces Integration With OnlineAuction.com

Auction Floor, Inc., a leading web-based technology provider to the auction industry, today announced that has entered into a services agreement with OnlineAuction.com (OLA.com), a fast-growing online auction site operating on the Internet. The Company, through its Auction Manager system, will enable a growing number of auctioneers and online sellers to rapidly upload their item listings for viewing on the OnlineAuction.com website, while powering OnlineAuction.com with the technology to introduce live auction bidding across its platform for online sellers and traditional auctioneers.

OnlineAuction.com (www.onlineauction.com) has over 16 million items listed, making it one of the world’s largest marketplaces for online auctions. “In the aftermath of the decision by eBay to withdraw from the live auction market segment OnlineAuction.com is positioned to offer a terrific alternative at lower cost for both online sellers and traditional auctioneers” said OnlineAuction.com CEO Chris Fain.

“The opportunity for Auction Floor to integrate its trading platform with OnlineAuction.com, will enable our network of sellers to reach an active and growing audience of buyers. OnlineAuction.com has a highly experienced team in auction e-commerce, web marketing and a well timed value proposition for buyers and sellers.” noted Lou Sagar, CEO of Auction Floor

The Company’s AuctionManager, a proprietary auction management software solution, enables auction houses, consignors, and sellers to centralize their management for auction events from a single platform. The Company is marketing its network and product offering through multi-channel promotions, including print and web-based advertising. Please visit the Company’s website at www.auctionfloor.com.

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Lenovo Kicks-Off Final Global Olympic Auction Leading Up to Olympic Games

BEIJING - Counting down the final days to the start of the Beijing 2008 Olympic Games, PC company Lenovo today is kicking off its final online auction of limited-edition notebook PCs inspired by the Lenovo-designed Beijing 2008 Olympic Torch.
Over the past six months, a series of “Cloud of Promise”-themed notebook PCs have been available for […]

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Lenovo Kicks-Off Final Global Olympic Auction Leading Up to Olympic Games

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Purple Wave Appoints CEO and Announces Record First Quarter

SAN FRANCISCO - Purple Wave, the “click and mortar” auction company, today announced it has appointed Mark S. Strauch as President and CEO. Strauch has served on the company’s board of directors since August 2007 and was formerly the President and CEO of San Francisco-based software company Business Engine. Strauch’s appointment comes at a good time as Purple Wave expands rapidly, having posted 104% sequential quarter growth in its first quarter. For the full year of 2008, the company is on track for over 300% growth.

“We are thrilled to have Mark onboard to drive the amazing expansion in our business,” said founder Aaron McKee. “He has been instrumental as an advisor and board member and now as CEO, his reputation and leadership experience will allow us to achieve our ambitious goal of building the largest local market in the world.”

Purple Wave has successfully pioneered a unique model that blends the scalability and reach of an e-commerce business with a growing number of physical auction locations that provide a full-service liquidation network. Just two weeks ago, the company announced it has recently expanded its operation to cover 6 U.S. states, opening new offices in Reno NV, Dallas TX, Kansas City MO, Wichita KS, Hays KS, and Pueblo CO. Purple Wave goes beyond integrating live and Internet bidding, and is investing heavily in live video, mobile bidding and social networking. By combining these elements into one platform, Purple Wave can maximize the reach of a growing community of value-seeking buyers which is attractive to corporate, government and small business sellers of all kinds.

“I fell in love with this business as an investor and am excited to have the opportunity to join this strong team and lead Purple Wave to the next level,” said Strauch. “Purple Wave is fundamentally redefining the $265 billion auction market by bringing technology, professionalism, and scale to a very traditional industry that in the past has relied heavily on live auction methods. Our unique online-offline model connects end-user buyers with business and government sellers better than existing providers in the market today. Plus, it’s an entertaining way to buy.”

Purple Wave’s emergence is due in no small part to the backing of prominent angel investors Yossi Vardi and Steven Sherman, who have evangelized the company and its innovative model. Mr. Sherman is a successful entrepreneur in his own right, as he has founded and taken public several technology companies. For his part, Mr. Vardi is widely regarded as an Internet visionary, having introduced instant messaging to the world when his company Mirabilis (creators of ICQ) was acquired by AOL in 1998.

“To say that Yossi and Steven are huge assets to this business is an understatement. They are extremely well known in the technology industry. Their involvement has been - and will continue to be - instrumental to our growth. Their vision, their passion, their energy, and their relationships have brought unprecedented opportunities to Purple Wave. When you combine their influence with the respect and trust the company - and Aaron McKee in particular - has built over time, what you have is a powerful recipe for success,” notes Strauch.

About Purple Wave, Inc.

Purple Wave is one of the nation’s leading auction firms, specializing in real estate, equipment, vehicle, personal property and specialty property sales. Purple Wave operates as a sellers agent through unreserved public auctions — a broad range of assets such as high value personal property, industrial equipment, motor vehicles, and real estate. Unlike eBay or other do-it-yourself online marketplaces, Purple Wave specializes in assets that are difficult to transport and require a local turnkey service from listing to marketing to transaction settlement.

Purple Wave’s mission is to build “the largest local market in the world” by combining a central e-commerce destination at http://www.purplewave.com with a growing network of live auction locations across the United States. Resulting in an innovative model where customer acquisition is largely offline and our monetization is largely online.

Web site: http://www.purplewave.com/

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Purple Wave Appoints CEO and Announces Record First Quarter

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