Redstone Castle Auction -- An Extreme Auction Event

BidLive brings competition to the IRS sale of the Redstone Castle

Coral Springs, FL (PRWEB) March 28, 2005 -- Alliance Commerce, Inc., the south Florida based software company and developer of BidLive, the premier live auction simulcasting technology for the auction marketplace, completes another first of its kind auction event for the U.S. Department of the Treasury/IRS. Fox News Studio B with Shepard Smith branded the sale An extreme auction" on its March 18th show.

A modern day classic bidding war between Internet bidders and the in-person audience for the Redstone Castle in Colorado was everything it was built up to be. In the end, the historic Redstone Castle fetched a cool $4 million bid from a California man while the Internets last high bid ended at $3.9 million. Internet bidders from six states deposited $200,000 to participate in the bidding for the highly desirable, yet purportedly haunted mansion.

At the end of the day, everyone was happy with the outcome including our business partners, EG&G Technical Services and the U.S. Department of the Treasury. That was the reason BidLive was used in the first place. Definitive results" says Pat DAngelo, President of Alliance Commerce.

The IRS was highly successful in their first ever, seized personal property Internet auction using BidLive in December of 2004 where about $9 million of seized diamonds were sold. Virtually similar results in the sale of the Redstone Castle were realized with over 25% of the revenues coming from BidLives Internet bidders.

About Alliance Commerce

Founded in 1999 and specializing in Web-based electronic commerce solutions, BidLive is the companys latest proprietary and patent-pending, software technology for the live auction industry. BidLives real-time audio, video and the real-time Bidcasting technology is in high demand around the world.

Contact:

Alliance Commerce, Inc.

Mr. Pat D'Angelo

Tel: 954-575-2300

Website: BidLive.net

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