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Auction templates image hosting
Business Editors/High-Tech Writers
SAN DIEGO--(BUSINESS WIRE)--March 29, 2000
boxLot.com (SM), one of the Internet's fastest-growing e-commerce Web sites introduced AuctionXL(TM), a new proprietary auction network product that allows custom applications and easy to use automated administrative tools for the consumer-to-consumer, consumer-to-business and business-to-business auction and dynamic pricing sectors.
boxLot's new AuctionXL, a next generation custom technology product solution developed in-house and designed for networked auctions was installed and fully integrated into the boxLot commerce network today.
AuctionXL(TM) is expected to appeal to portals, national retailers, manufacturers, broadcasting/publishing companies, vertical regional merchants and the emerging business-to-business market. The dynamic pricing model network provides continued rapid growth of the Web-based boxLot Commerce Network. AuctionXL currently powers the newly designed boxLot.com Web site and is adding affiliate partners daily.
The new system is scalable, reliable, fast, flexible, feature rich and supports variable pricing environments. AuctionXL makes use of the latest Oracle 8i database technology and uses industry-proven platforms and technologies. Clients within the boxLot Commerce Network will select from hundreds of auction formats, system, administrative, community, affiliate support and service features to create customized and complete solutions for businesses that wish to enable auction technology on their Web site in a powerful and easy-to-implement manner.
AuctionXL(TM) is the strategic creation of boxLot's engineering and development team lead by Chief Technology Officer, Les Briney, formerly of Prodigy. The new software and hardware network solution was built to handle explosive growth and to also give boxLot.com the flexibility to handle many different types of customers. Briney added, "We custom built AuctionXL because we didn't see any other solution that would allow us to continue growing at such a fast pace." boxLot.com, a popular consumer-to-consumer and business-to-consumer auction and e-commerce site amongst collectors, hobbyists and curious shoppers, has increased site inventory levels, traffic, member registrations and page views 1000% in less than one year.
The entire upgrade for boxLot.com and the additional development and personnel required to create and implement AuctionXL(TM) software and applications cost more than $2 million and the dedication and commitment of boxLot.com's 65 employees and offices in both the San Diego and their San Francisco offices.
Frederick A. Cary, boxLot.com's chief executive officer was overwhelmingly enthusiastic about the launch of the terrific new product, "Merchants are looking for ways to leverage the global reach of the Internet using the dynamic pricing model of the new economy. boxLot.com, via its newly created Commerce Network Group, has spent the last year developing this best-of-breed auction network solution, AuctionXL, that will easily accommodate a wide and varied mix of dealers around the world."
Services provided will include 24/7 monitored offsite auction hosting, flexibility in selecting auction categories, integrated and flexible customer service options (including email, chat and toll-free phone), graphics, content, customizable e-mail messaging, templates and triggers, fraud and security protection, online fee billing and collection, end-user and technical support as well as automatic technology updates.
Extensive search tools, an improved personal shopper, easy and fast navigation, streamlined posting, bulk-upload capabilities, unlimited text and HTML options, image uploading and hosting features, credit card authorization and automated reporting tools will put affiliates in total control to monitor and manage their auctions.
About boxLot.com
Rated first in delivering personalized customer support by AuctionWatch.com, ranked number two in consumer confidence by Gomez Advisors, and awarded four paws for excellence in service by AuctionRover.com, boxLot.com is an online auction site where serious and novice collectors meet, share expertise and trade rare collectibles.
Currently attracting more than 1.5 million unique visitors per month, the boxLot.com network offers buyers the chance to hunt for an array of rare and unusual collectibles in 12 targeted channels encompassing more than 1,200 popular categories ranging from antiques to coins, art, jewelry, books, trading cards and sports and Hollywood memorabilia. boxLot.com was recently included in Zap.com's list of the Internet's top 200 Web sites and received the second highest overall Web ranking of PC Data's Top9.com auction sites to watch.
With more than 200,000 registered members, boxLot.com services additional niche markets through its network of sites including Philatelists Online for stamps, Numismatists Online for coins and currency, AuctionVine for fine wine and SportsTrade for sports memorabilia.
Headquartered in San Diego with an office in San Francisco, the boxLot Company is a privately held corporation, founded by two dedicated collectors from Vermont who share their users' passion for fabulous finds, remarkable deals and expert information.
Visit the site at http://www.boxlot.com/
COPYRIGHT 2000 Business Wire
COPYRIGHT 2000 Gale Group
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