Classic Carriages Selects Proxibid as Exclusive Online Bidding Partner for its Collector Car Auction

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Proxibid, a premier provider of live Internet auction broadcasting services, has reached an agreement with Classic Carriages to provide live online bidding for its Car Auction and Show taking place March 14-18, 2007, at the University of Phoenix Stadium in Glendale, Ariz. Approximately 700 collector cars, 100 custom motorcycles and automotive memorabilia will cross the auction block at Classic Carriages' inaugural event.

Proxibid has partnered with Classic Carriages to bring Internet bidding to this auction

Proxibid, a premier provider of live Internet auction broadcasting services, has reached an agreement with Classic Carriages to provide live online bidding for its Car Auction and Show taking place March 14-18, 2007, at the University of Phoenix Stadium in Glendale, Ariz. Approximately 700 collector cars, 100 custom motorcycles and automotive memorabilia will cross the auction block at Classic Carriages' inaugural event.

Featured cars in the reserve and non-reserve auction range from a 1928 Stutz Coupe and 1954 Jaguar XK 120 OTS to a 1970 Ford Mustang Shelby GT350 and a 2007 Koenigsegg CCX. Major League Baseball Hall of Famer Reggie Jackson will have cars from his personal collection in the auction including a 1970 Dodge Challenger 528 Hemi and 1967 Corvette Coupe 427. The auction catalog, including a complete listing of cars, descriptions and photos, can be found at http://www.classiccarriages.com.

"Proxibid has partnered with Classic Carriages to bring Internet bidding to this auction," said Bruce Hoberman, chief executive officer of Proxibid. "People who want to bid on items but are unable to do so in person can log on, bid and win, just as if they were at the live auction. We are thrilled to be able to add value to an auction of this caliber by providing the online bidding component."

Bidders who want to participate in Classic Carriages' Collector Car Auction should register online at http://www.proxibid.com prior to the auction. Once registered, bidders can pre-bid or leave an absentee bid on items they hope to purchase. Bidders do not need to be registered to view the auction catalog, however, they must be registered to participate in the live auction.

Online bidding via Proxibid will also be available in the bidders lounge during the live auction. Several kiosks will be outfitted with computers where bidders can enter their offers for the car on the auction block. This convenience will allow bidders the opportunity to bid and win, while relaxing and socializing in the lounge.

About Proxibid

Proxibid is the premier provider of live Internet auction broadcasting services where bidders have access to real auctions, with real auctioneers, from the comfort of their home or office. Bidders can view auction catalogs, place pre-bids and participate in real-time Internet bidding. As a leading pioneer of live Internet bidding technology, Proxibid continues to lead the marketplace by offering an unparalleled level of customer service and support. To learn more about Proxibid, please visit http://www.proxibid.com.

About Classic Carriages

Classic Carriages is a Peoria, Ariz.-based company debuting its Collector Car Auction and Show March 14-18, 2007, at the University of Phoenix Stadium. The auction features approximately 700 cars available at reserve and non-reserve prices, as well as more than 100 custom and classic motorcycles and choppers. Seven family-friendly attractions highlight the five-day event including a Preview Night featuring KNIX Tim & Willy sponsored by First National Bank, Celebrity Car Showcase, Sports and Exotic Car Gallery, Car Club Extravaganza, Car Corral, Ladies Desert Oasis, Motorsports Festival and Family Zone. For additional information, visit http://www.classiccarriages.com or call (877) 999-0900.

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Dana Kaufman
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