Bidpath Corp., provider of marketing and technology services to the asset
disposition auction industry, and eBreviate, an EDS company providing Internet technologies and services, have teamed up to provide b2b Internet auction services for the disposal of excess or liquidated goods.
"The Bidpath-eBreviate alliance brings the immediacy of multimedia and the
power of online auctions together for the first time for companies disposing
of excess inventory and other assets," said Niul Burton, president of
eBreviate. "Together, the companies' technologies will result in a rapid
realization of revenues and stronger balance sheets."
Bidpath provides auction-based asset disposition technology and services,
including live, online auction capabilities. eBreviate provides e-business solutions, including Internet negotiations, such as reverse auctions and electronic surveys.
"eBreviate has emerged as a leader in delivering Internet-enabled
strategic sourcing technology and services," said Scott Laster, Bidpath
president and CEO. "Bidpath's auction marketing services and technology will
add a key solution for the corporate procurement challenge of decommissioning
and disposal of surplus corporate assets."
Bidpath Auction Manager technology automates the auction method of
marketing, creating a live, online catalog of inventory images and data with a direct upload to a network of business-to-business exchanges and
listing sites. Bidpath Live Auction hardware and software enables auctioneers to broadcast bid and ask prices in real time, as well as receive and award online bids, over the Internet. With Bidpath, registered bidders can participate in an online auction directly through a web browser. No
additional software or Internet plug-ins are required.
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