Proxibid

Online platform for buying and selling highly-valued items within the secondary markets

• Proxibid’s vision - to be the world’s most trusted online platform for buying and selling highly-valued items • Proxibid provides liquidity to previously-owned items in large, highly fragmented, traditionally offline industries • Proxibid navigates in markets with these common characteristics: - High price points for the category - Requires high quality buyer experience - Secondary market assets - Sophisticated risk management needs - Large asset pools with recurring sales • Proxibid was founded in 2001 and began as a service provider to auction companies and it remains as it's core business • Proxibid’s business crosses 15 key categories, with a focus on future growth in new areas • No other provider aggregates high value inventory across all major categories, into a single platform (“Proxibid Marketplace”), with a full range of dispersal methods and complete feature set • Proxibid developed proprietary technology to: (i) drive customer confidence in risk management; (ii) maximize the experience for buyers and sellers; (iii) and facilitate transaction processing - MarketGuard - Fraud Detection - Dispute Resolution - Integrated Payment System (APN), all differentiate Proxibid from its peers