Proxibid Secures Trademarks for AuctionGuardTM and AuctionBuilderTM

Online, October 30, 2012 (Newswire.com) - Proxibid (www.proxibid.com), the world's largest, most trusted online auction marketplace for buying and selling specialized assets, announced today that two proprietary pieces of technology developed by the Company, AuctionGuard and AuctionBuilder, are now registered trademarks under Proxibid, Inc.

AuctionGuard provides bank-level fraud protection which enables the Proxibid team to instantly identify fraudulent accounts and to evaluate a customer's likelihood to pay. AuctionBuilder is Proxibid's computer software system that allows auction companies the ability to set up and manage their auctions, catalogs and advertising directly through Proxibid's online platform.

"AuctionGuard was created to protect our buyers and sellers from fraud when interacting in our marketplace. AuctionBuilder was designed to make selling assets online even easier for sellers," said Cassius Almeida, Proxibid's director of product management. "Acquiring trademarks for these products is a huge step for Proxibid and shows our commitment to both our brand and to our buyers and sellers."

For more information about Proxibid, please visit www.proxibid.com or fresh.proxibid.com.

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About Proxibid
Proxibid provides asset owners of all sizes and buyers with access to the world's largest, most trusted online marketplace and selling solutions for excess inventory. More than $2 billion in inventory passes through Proxibid's marketplace annually in product categories that include heavy equipment; commercial and industrial equipment; real estate; fine art, antiques and collectibles and more.

Founded in 2001, Proxibid is headquartered in Omaha, NE. For more information about Proxibid, please visit www.proxibid.com or fresh.proxibid.com.

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