Online Marketplace Bidchaser.com Signs Marketing Agreement with India's K Dimension

Bidchaser.com, an emerging provider of online auctions and stores and its upcoming automotive exchange, announced today the execution of a commercial contract for marketing, sales and operations in India.

Orlando, FL (PRWEB) May 5, 2004 -- The marketing, sales and operations Agreement with K Dimension of Mumbai, India, brings a first-of-its-kind migration program of entire brick and mortar stores into eCommerce enabled stores powered by Bidchaser.

Bidchaser's planned incursion includes an aggressive campaign to enlist and then expose unique products from India to the North American market, and by extension to the Global Market. Leonardo Cunha, CEO and one of Bidchaser's founders said, "We are excited about the execution of this important facet of our business plan, and anticipate that it will serve as a pilot for our growth as we bring together an international trading platform where artisans, artists, manufacturers, merchants and shoppers from around the world can come together to exchange merchandise, ideas and good will."

The agreement exposes Bidchaser to a market that is expanding at an amazing 79% Compounded Average Growth Rate (CAGR), and is expected to grow to 50 million users by the end of 2004. The initial efforts will concentrate on placing marketing teams on the ground in the cities of Ahmedabad, Jaipur, Delhi, Orissa and Chennai, with each satellite office managed from the joint Bidchaser/K Dimension offices in Mumbai. The joint Bidchaser/K Dimension team completed a 90 day test marketing, as is currently poised to engage in a full campaign that includes the identification and recruitment of local merchants in the target cities, the provision of sales kits, seminairs and presentations, assistance with the packing, dispatch and international shipping issues.

About Bidchaser.com

Bidchaser.com draws from the experience of seasoned Online Auction Professionals, a top-notch technical team, and a firm commitment to its membership. The Bidchaser Team has created an online community where experienced as well as new auction enthusiasts can exchange their goods at minimum risk in an elegant, simple, and entertaining format

About K Dimension

K Dimension provides representation, strategic marketing and innovative advertising to North American firms entering the market in India. A complete staff is currently assembled and dedicated exclusively to market Bidchaser and its products within India and neighboring markets.

Media inquires can be submitted to Leonardo Cunha, lcunha@bidchaser.com

Bidchaser, Inc.

http://www.bidchaser.com

6305 Westwood Boulevard, Suite 200

Orlando, FL 32821