I like this press release. Another LOL to you?
Thursday May 18, 5:42 pm Eastern Time
Company Press Release
SOURCE: Bid.com International Inc.; PricewaterhouseCoopers LLP
Bid.com and PricewaterhouseCoopers form strategic alliance
TORONTO, May 18 /CNW-PRN/ - Bid.Com International Inc. (NASDAQ: BIDS, TSE: BII), a global provider of dynamic pricing solutions, and PricewaterhouseCoopers, the world's largest professional services organization, today announced a strategic alliance to bring Bid.Com's e- commerce platform to North American companies.
Under the agreement, PricewaterhouseCoopers and Bid.Com will jointly introduce Bid.Com's award-winning dynamic pricing technology to North American clients. PricewaterhouseCoopers will become the preferred systems integrator for Bid.Com customers requiring technology implementation services.
``Today's announcement provides ongoing validation of Bid.Com's business- to-business direction and our four-year track record of success,'' said Jeff Lymburner, President and CEO of Bid.Com International Inc. ``This very important alliance will help Bid.Com bring its dynamic pricing solutions to the North American market. Already, PricewaterhouseCoopers and Bid.Com are collaborating on selected opportunities.''
``What this allows PricewaterhouseCoopers' clients is a very rapid path to on-line auctions and the benefits from the on-line disposition of assets,'' said Ron Schwartz, Canadian e-business leader for IT consulting services at PricewaterhouseCoopers.
About Bid.Com International Inc.:
Founded in 1995, Bid.Com offers a comprehensive suite of on-line Dynamic
Pricing Solutions for business-to-business and business-to-consumer markets.
Bid.Com offers multiple online transaction methods, providing fixed price,
traditional auction, real-time declining price (Dutch) auction and reverse
auctions (Request for Quotation/Proposal (RFQ/RFP)) all within the same
package. Thanks to award-winning modular architecture, the Bid.Com system can
be integrated with virtually any business-to-business or consumer-based
application. A growing number of major online players have made Bid.Com their
online sales partner in sectors such as electronic media, travel, wireless
communications, automotive, heavy machinery, arts and culture, and retail.
Partners include GE Capital, Research In Motion, Rogers New Media, CapGemini,
ValueVision International Inc., and The Art Vault.
Bid.Com has offices in Toronto, Tampa, Dublin, and Melbourne, Australia, and the company's shares trade on both the NASDAQ National Market and the Toronto Stock Exchange (NASDAQ: BIDS, TSE: BII).
To receive additional information on Bid.Com International Inc. please visit www.bid.com
About PricewaterhouseCoopers
PricewaterhouseCoopers (www.pwcglobal.com) is the world's largest
professional services organization. Drawing on the knowledge and skills of
more than 150,000 people in 150 countries, we help our clients solve complex
business problems and measurably enhance their ability to build value, manage
risk and improve performance in an Internet-enabled world. In Canada,
PricewaterhouseCoopers LLP (www.pwcglobal.com/ca) and its related entities
have more than 5,900 partners and staff and offices in 26 locations.
PricewaterhouseCoopers refers to the Canadian firm of PricewaterhouseCoopers
LLP and other member firms of the worldwide PricewaterhouseCoopers
organization.
This news release may include comments that do not refer strictly to
historical results or actions and may be deemed to be forward-looking
within the meaning of the Safe Harbor provisions of the U.S. federal
securities laws. These include, among others, statements about
expectations of future revenues and cash flows. Forward-looking
statements are subject to risks and uncertainties that may cause
Bid.Com's (``the Company'') results to differ materially from expectations.
These risks include the Company's ability to further develop its business-
to-business and licensing businesses, the Company's ability to develop
appropriate strategic alliances and successful development and
implementation of technology, acceptance of the Company's products and
services, competitive factors, new products and technological changes,
and other such risks as the Company may identify and discuss from time to
time, including those risks disclosed in the Company's amended Form 20-F
filed with the Securities and Exchange Commission. Accordingly, there is
no certainty that the Company's plans will be achieved.
SOURCE: Bid.com International Inc.; PricewaterhouseCoopers LLP
--------------------------------------------------------------------------------
Dale |
