Berkeley, CA (PRWEB) June 20, 2006
Toolow Inc., a revolutionary patent-pending reverse auction web service, is taking the first step in innovating the online marketplace.
The start-up’s technology is designed to provide the best possible price for consumers as well as creating a forum where sellers can thrive.
Unlike other auction services on the web today like eBay (NASDAQ: EBAY), Toolow has created a platform that will benefit consumers and sellers alike. Consumers will benefit from the heightened competition as competing sellers lower their prices in real time in the online reverse auction format. For sellers, this is a good venue for them to sell in an easy and open market.
“Toolow is out to revolutionize the way consumers buy things,” said Kent Nguyen, co-founder of Toolow Inc. “With the availability of Toolow, consumers can be more confident and have more bargaining power in driving prices down. We are very excited to see how the market benefits greatly as more and more consumers empower themselves with our reverse auction platform.”
Toolow is committed to providing the best experience in online trading and will continue to partner with local businesses and advertisers to better serve the community and its customers.
About Toolow Inc.
Toolow is a revolutionary patent-pending reverse auction Web service company focusing on the consumer's desire to get any product or service for the lowest price. The company's philosophy is that a buyer is entitled to the best possible price, and Toolow has created a model for buyers to induce competing sellers to lower their prices as much as possible. Toolow is headquartered in Berkeley, California. For more information, visit http://www.toolow.com or call 510-931-6195.
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