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Online Bidding at Ironwood Golf & Country Club Auction Drives Higher Than Expected Results

Nearly 1,100 bidders from across the globe logged on to bid online during this live auction webcast, and hundreds more took advantage of Proxibid's live audio and video to watch the event. Forty-one percent of all bids come through the Internet, and 29% of all items sold online.

Online interest ranged from furnishings and decorative items to industrial kitchen equipment, building salvage and golf carts. A children's pool slide in the shape of a duck sold online for $550, and club memorabilia including a small bronze sign with the words "Ironwood Ballroom" sold to an online bidder for $110. Golf course maintenance equipment such as mowers and sprayers sold online for anywhere from $3,000 - $5,000. The salvage rights to the electrical system sold to an online bidder from New Hampshire for $20,000, which was the highest bid placed during the auction.

"Online bidding added to the excitement of this auction," said auctioneer Mark Beacom. "We were thrilled with the level of engagement between our on-site and online bidders, which helped to drive higher realized prices for this auction. With the global reach and wide interest in this auction, online bidding made a significant difference in the outcome of this sale."

About Proxibid
Omaha-based Proxibid brings auctioneers and bidders together for a world-class online auction experience. Since 2002, the Company has worked with more than 2,000 auctioneers to bring more than 23,000 auctions to a global, online audience. With registered bidders from more than 180 countries, no other provider in the industry connects more buyers and sellers than Proxibid. The Company's proprietary live Internet bidding service and Web site were developed by auctioneers and industry-leading professionals to provide our bidders with the most user-friendly and comprehensive online auction experience possible.

Proxibid's customer service and support is unmatched in the industry. The company's toll-free support center is open before, during and after every live auction, and is staffed with bi-lingual auction specialists who assist both bidders and auctioneers. For more information about Proxibid, please visit us online at www.proxibid.com.

About Auction Solutions
Auction Solutions is an Omaha-based, regional liquidator of all types of assets. Services include business liquidations to large estates and real estate. The company is owned by Shayne Fili of Omaha. For further information please visit www.auctionsolutionsinc.com.

Proxibid
Dana Kaufman
dkaufman@proxibid.com
402-505-7776