Bidcrawler.com launches Internet auction technology
BidCrawler.com Online Inc BDO
Shares issued 25,991,880 Apr 4 close $1.28
Wed 5 Apr 2000 News Release
Ms. Laura Henderson reports
BidCrawler.com today launched its advanced Internet auction metasearch
technology -- the BidCrawler -- a no-nonsense tool that makes on-line
searches faster, easier and more accurate.
Market studies indicate that auction bidders want simple tools that help
them find products and turn "data chaos" into successful transactions.
BidCrawler delivers Web-wide search results through an innovative
technology that gives bidders instant access to thousands of auction items
with a single click.
"On-line auctions have become a way of life for many. They are changing the
way people purchase goods for both personal and business needs," says
BidCrawler vice-president for marketing and business development, Greg
Stone. "BidCrawler enables people to search across the Web, compare prices,
then make a successful transaction quickly and easily. Our focus will be on
power searches, not flashy content. Reducing clicks is a primary goal."
In addition to its consumer-based search functionality, BidCrawler Online
has immediate plans to serve the business-to-business auction market, which
represents even greater growth opportunity than the consumer market. "The
time is coming when essentially all B2B procurement processes will employ
metasearch technology," said Mr. Stone. "BidCrawler will streamline
business buying across a broad range of industries, making it truly 'The
Internet Auction Power Tool.'"
Because BidCrawler Online is a public company, it has access to financing
options that will allow it to quickly develop value-added services and
deploy them through a variety of mediums. "People aren't just using the
Internet via computers anymore," states Mr. Stone. "We plan to stay ahead
of that curve through forward-thinking business models and strategic
partnerships with key players. We are working aggressively to make
BidCrawler the essential tool for accessing on-line auctions anywhere,
anytime."
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