Proxibid, the most trusted way to connect buyers and sellers of highly valued items, and Sullivan Auctioneers, one of the largest real estate and farm machinery auctioneers in the nation, have partnered together to bring a new online platform to farm machinery buyers and sellers around the world. Under the new partnership, Proxibid will provide the technical capabilities necessary to enable visitors to view and purchase inventory directly from a new platform designed specifically for Sullivan Auctioneers.

"We have trusted Proxibid as our online provider since 2006," said Rick Vacha, vice president of Online Solutions for Sullivan Auctioneers. "As our business has continued to grow and evolve, so has our relationship with Proxibid. Proxibid's robust technical solution, combined with its strategic marketing services and risk management systems, were paramount to our decision. We look forward to continuing to grow this partnership in the years to come."

The new platform will increase reach and awareness of the Sullivan Auctioneers brand, enabling buyers from across the globe to view inventory for sale, and to purchase from the Sullivan Auctioneers website 24x7. Always open for business, Sullivan Auctioneers' new web site, slated to launch later this year, will offer flexible transaction formats that do not require buyers to wait until inventory is placed into an auction to make a purchase.

"As a long-time client, Sullivan Auctioneers has been a key contributor to our own growth and expansion," said Ryan Downs, president and CEO of Proxibid. "This partnership further advances our position as a leader and innovator in the industry. Sullivan Auctioneers is a forward-thinking organization that has fully-embraced new technologies. We look forward to a mutually successful relationship as the partnership moves forward."

All transactions on the new platform will be powered by Proxibid's transaction engine, which enables buyers to purchase via Buy Now or Make Offer. All purchases will be backed by Proxibid's sophisticated risk management system, designed to ensure buyers are safe when transacting online.

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About Proxibid

Proxibid provides auction companies and asset owners with access to the most trusted way to buy and sell highly valued items online. More than $4 billion in inventory passes through Proxibid's Marketplace annually via live and timed auctions, and Buy Now and Make Offer capabilities, across 16 categories including heavy equipment; industrial machinery; real estate; fine art; antiques and collectibles, and more.

Founded in 2001, Proxibid is headquartered in Omaha, Neb., with offices in London. For more information about Proxibid, please visit www.proxibid.com.

About Sullivan Auctioneers

Headquartered in Hamilton, Illinois, Sullivan Auctioneers, LLC is one of the largest Real Estate and Farm Machinery Auctioneers in the nation.

For more than 30 years Sullivan Auctioneers has conducted professional, fast-paced, live auctions. The company connects our sellers with thousands of interested buyers around the world. Our auctions combine live-onsite bidding with live-online bidding — the best of both worlds.

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