Tampa, FL (PRWEB) August 12, 2005
Greater Rockford Auto Auction (GRAA) of Rockford, IL, has selected Auction Management SolutionÂs patented OnLine Ringman™ application to provide Internet bidding for its auction. Auction Management Solutions, Inc., headquartered in Tampa, FL, is the world leader in asset disposition technology and solutions.
GRAA Sales/Marketing Manager Chad Anderson said the company selected AMSÂs patented technology because of the companyÂs reputation and name recognition throughout the industry. ÂOnLine Ringman™ is well known as an industry leader in online vehicle sales,Â he said. ÂI was very impressed with their professionalism, commitment and follow-through throughout the decision-making process.Â
Greater Rockford Auto Auction, owned by D.M. ÂSwedeÂ Clark, is a 31-year-old operation that runs 1,000 cars a week. It features dealer consignment and fleet/lease accounts such as M&I Dealer Finance, GE Remarketing and many others.
Anderson said that GRAA expects that the OnLine Ringman™ system, along with other marketing communications strategies, will increase the companyÂs buyer base. ÂWe expect to gain customers who are either too busy or too far away geographically to purchase vehicles through traditional methods,Â he said. ÂThe OnLine Ringman™ system will create a virtual sale environment to foster additional sales.Â
AMS President and CEO Nancy Rabenold said, ÂGrowth in OnLine Ringman™ is very positive. The online system will add value without disturbing GRAAÂs traditional festive atmosphere and commitment to customers. It demonstrates that the market perceives value in the patent recently awarded to AMS for OnLine Ringman™, which continues to assist our customers in revolutionizing the remarketing industry. In the same way we delivered on our vision of OnLine Ringman™, we are committed to deploying systems that will further advance technologyÂs role in todayÂs auction environment.Â
The OnLine Ringman™ system integrates online bidding by closely duplicating the traditional auction experience without altering the live auction, broadening the eventÂs range while increasing operating efficiency. Auction Management Solutions invented and patented the online auction supplement for live auctions.
Anderson remarked that GRAA buyers and consignors both would benefit from the addition of Internet bidding. ÂBuyers benefit from the ability to attend more auctions when their time is scarce and consignors benefit from increased bidding activity,Â he said.
About Auction Management Solutions
Auction Management Solutions, Inc., is the premier technology infrastructure provider to the asset disposition industry and is the sole owner and developer of the patented OnLine Ringman™ system. As the world leader in asset disposition technology and solutions, AMS's "OnLine Ring&trade" family of products is the foundation of a sophisticated Internet infrastructure and strategy for auction houses and manufacturers worldwide. Its tools are used by industry leaders in major market segments. Founded in 1996 after years of research, AMS is dedicated to innovation and focused solely on the asset disposition and related data services industry. The companyÂs solutions ensure that the traditional auction is supported while providing tools and the broadest line of technological solutions available to better serve its customers.
Auction Management Solutions
410 South Ware Blvd.
Tampa, FL 33619
About Greater Rockford Auto Auction
Greater Rockford Auto Auction was founded in 1974 by D.M. ÂSwedeÂ Clark. GRAA has expanded several times and now runs 1,000 cars a week. GRAA features dealer consignment and fleet/lease accounts. Fleet/Lease/Consignment sales are on Wednesdays, with a monthly salvage and impound sale on the second Friday of each month.
Greater Rockford Auto Auction
Rockford, IL 61109
Nancy J. Rabenold, AMS (813) 621-7881
Chad Anderson, Greater Rockford Auto Auction (815) 874-7800
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