Cat Auction Services Chooses Proxibid for Online Bidding for eQuipment Yard Auctions [Manufacturing Close – Up]

Proxibid, a real auction marketplace, announced that Cat Auction Services has selected the Company to provide online bidding for its new eQuipment Yard online timed auction service.

According to a Nov. 28 release, online bidding for eQuipment Yard's inaugural event will take place Wednesday, Dec. 14, at 9 a.m. Central, with bidding available beginning Friday, Dec. 9, via www.proxibid.com/catauctions.

Bidders in eQuipment Yard auctions have access to the same CAT products and services offered in live auctions, including finance and insurance options, equipment protection plans for qualified equipment and TA-1 inspections.

"We are pleased to partner with Proxibid for this new endeavor," said Rick Albin, president of Cat Auction Services. "We have selected Proxibid because of the Company's solid reputation for offering the highest level of customer service and support in the industry, and because of their ability to provide the technical know- how to bring the best online auction experience to our eQuipment Yard bidders."

More than 100 pieces of Caterpillar equipment will cross the auction block during eQuipment Yard's first auction on Proxibid.

Featured items include:

-2007 Case 580M-2

-2007 CAT 938G II

-2006 CAT D5GCL

-2008 CAT 226B2

-2005 CAT 330CL

"eQuipment Yard is a welcome addition to our growing marketplace," said Proxibid President Ryan Downs. "Bidders come to our marketplace because they know they will find the highest quality goods available at auction. eQuipment Yard enables us to further this commitment by providing bidders access to high caliber equipment from Cat dealers and their customers from across the globe."

eQuipment Yard auctions will be posted regularly via Proxibid, and will include consignments from CAT dealers and their customers in the construction industry.

More information:

www.proxibid.com/catauctions

www.catauctions.com

www.proxibid.com

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