ATTN: Ian Secure
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DoveBid would like to bring you up to date on some important announcements.
First, we have raised $109.5 million in a private financing round. This new investment
is earmarked for
global marketing and operational expansion.
http://www.dovebid.com/os/news/pr_seriesc2_3_14_00.asp
Second, DoveBid is the first sponsor of the Yahoo! Business-to-Business Marketplace.
By virtue of this
arrangement, all assets which are placed for sale on DoveBid are available to Yahoo!'s
visitors. Any
assets you list on DoveBid are automatically also posted on Yahoo - there is no
additional cost.
http://www.dovebid.com/os/news/pr_yahoo_3_20_00.asp
Third, we announced a partnership with Datastream, a leading provider of enterprise
asset management
solutions and corporate maintenance management solutions. Datastream will be
directing buyers and sellers
from it's iProcure network to DoveBid, and we will jointly be working to allow users
of Datastream products
to very easily post their assets for sale on the DoveBid website.
http://www.dovebid.com/os/news/pr_datastream_3_20_00.asp
Finally, DoveBid has announced the acquisition of Norman Levy Associaties. Through
this acquisition, DoveBid
adds nearly 100 auction and valuation professionals as well as a history of clients
that include
Daimler-Chrysler, McDonnell-Douglas, GE Capital, Boeing, AT&T and the Digital
Equipment Corporation to its
auctioneering portfolio.
http://www.dovebid.com/os/news/pr_levy_3_27_00.asp
These announcements are good news for the DoveBid community, who can take advantage of
our growing liquid
marketplace. Thanks to you, we already have over 450,000 assets online right now in
over 7,000 lots, and
thousands of registered users visiting DoveBid daily. With our new financing, we are
increasing the universe
of buyers and sellers globally, which means maximum value. Clearly, DoveBid is the
place to buy and sell
business equipment. Keep your eye out for more exciting news from DoveBid!
Steve Pollock
VP, Marketing
DoveBid, Inc.
P.S. - You still have an opportunity to get ClickMiles through DoveBid! Offers made
on lots up until 3/31
will qualify for the DoveBid-ClickMiles promotion. For more information, please visit
our web site at
http://www.dovebid.com.
__________________________
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CA B2488496
