RealTime IT News

ITPARADE.com Launches Business-To-Business Auction

ITPARADE Inc. launched a business-to-business online auction featuring high-end, previously-owned and refurbished computer equipment.

The company said that more than 100,000 items, ranging from mainframes and midranges to PCs will be available to the IT community from the 250+ members of the ITPARADE dealer network. Product listings in the auction are valued in excess of $50 million.

Working with FairMarket Inc., ITPARADE built an auction site that will allow industry dealers including Big Blue Products, Capital Data Services, Warwick Data and World Data to offer equipment.

"Entering the auction environment is a natural progression to increase exposure and sales for our dealers," said Clay Dunnagan, ITPARADE'S president and CEO. "With frequent transactions valued at over $1 million, and typical sales between $30,000 and $70,000, we expect the auction will be an exciting trading place. . .This promises to be a successful new channel for providing businesses with quality dealer-backed merchandise as well as an efficient channel for end-users to sell surplus and end-of-life equipment to members of our dealer network."

ITPARADE is a subsidiary of Affiliated ReMarketing Web Inc. also based in Research Triangle Park.