EquipNet Unveils New My EquipNet Platform

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Empowers users to manage surplus assets more efficiently.

Selling large industrial manufacturing equipment is an involved process

EquipNet, Inc., the leading provider of proactive asset management solutions, today unveiled their new My EquipNet platform. The new functionality enhances how sellers and buyers can manage their surplus assets online with the availability of real time information at every step of the buying and selling process.

The bulk of the transactions on EquipNet's online MarketPlaceTM, http://www.EquipNet.com, are conducted through negotiated sales, in which EquipNet sales representatives broker assets between end-user buyers and sellers. Transactions require multiple touch points including; inspections, offers and approvals, rigging and shipping, invoicing, and payment My EquipNet has been retooled to provide an easy means for tracking all of this activity.

"Selling large industrial manufacturing equipment is an involved process," said Roger Gallo, president and CEO of EquipNet. "My EquipNet is a window into the status of one's buying and selling activity in every step of a negotiated sale," Gallo said.

The new My EquipNet marks an important step in the evolution of the EquipNet MarketPlaceTM because it addresses a major user concern: the availability of up-to-date information on the transaction status.

"The availability of this information at the user's fingertips is essential in providing the highest level of service to our customers," said Anthony Parziale, Director of Asset Management at EquipNet.    

My EquipNet is a completely free service available to all registered users of the EquipNet MarketPlaceTM. Whether an end user is trying to sell, buy, or simply watch an item or post a wanted ad for an item not presently available on MarketPlaceTM, My EquipNet is the gateway to better managing that process.

Since 1999 EquipNet has been revolutionizing the way global companies manage their surplus and idle assets. EquipNet's MarketPlaceTM, http://www.EquipNet.com, is the world's largest venue for buying and selling pre-owned processing, packaging, lab and IT equipment for the chemical, pharmaceutical, and packaged goods industries. Large global companies and small manufacturers alike can take advantage of EquipNet's multiple Cascading LiquidationTM channels, which include managed redeployment, MarketPlaceTM, traditional and online auctions, sealed-bid events, eBay store and scrap management programs. In addition, EquipNet provides unmatched services with certified appraisals, desktop equipment valuations, consignment warehousing, and asset redeployment software, ARMSTM which is deployed in over 1,800 manufacturing facilities worldwide, ARMSTM making it the most widely used idle asset management tool on the market.

For more information, please visit http://www.EquipNet.com.

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Prashant Kaw
EquipNet
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