Proxibid Record-Breaking Month and Quarter

Published April 19th, 2009


Proxibid, the world’s largest provider of live auction webcasting services, today announced record-breaking results for the month of March and the first quarter of 2009. The Company experienced a 50% increase in the number of auctions hosted in March 2008, a 44% increase in the number of bidders participating over the number of bidders who participated online in March 2008, and a 40% increase in online sell-through percentage. For the quarter ending March 31, Proxibid realized 63% growth in the number of auctions and a 19% increase in the total sold online for the same period in 2008.

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