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Bid.com Enters Alliance with Cap Gemini Group

Online auction technology pioneer Bid.com International has allied with Europe's Cap Gemini Group for a joint e-commerce strategy.

The two companies will jointly market e-commerce solutions and promote the deployment of online auctions in France.

"The e-commerce revolution in Europe is happening very fast," said Brett Miller, vice president, business development, Bid.com Europe.

Under the terms of the alliance, Bid.com will license its auction technology, including its Dutch, rising price and fixed price online capabilities, together with state-of-the-art bidding and search agents and affinity engines. It will also provide back-up and training to help Cap Gemini's clients use the technology.

"Our alliance with Bid.com empowers us to help current and future customers capitalise on one of the fastest-growing markets in the e-commerce arena," said André Cichowlas, advanced technology director, Cap Gemini France.

One of the world's leading management consulting companies, Cap Gemini Group has over 38,000 people located in more than 20 countries. It has a substantial presence in the UK with offices in London.

Bid.com now maintains offices in the United States, Canada, and Ireland. Its shares are traded on Nasdaq and the Toronto Stock Exchange.