Bidfor.com Premiere's Enterprise-wide B2B Services + B2C Procurement Auction Portal

Bidfor.com Launches Its All-Under-One-Roof Auction/Trading Community


LONG ISLAND, N.Y., July 9, 2001 (PRIMEZONE) -- A new interactive Web portal, Bidfor.com, challenges eBay, TradeOut, and uBid as the first auction portal for procuring enterprise-wide business services besides volume consumables and consumer items varying from electronic gear and automobiles to burial plots and small business loans.

According to site CEO and Founder, Beth M. Garnett, Bidfor.com is the first Web site to offer one source "birth to beyond" procurement solutions. Visitors may buy or bid on volume goods and corporate services ranging from temporary and full-time human resource talent to business insurance packages, incentive gifts, and even press services all under one roof for every industry.

"Bidfor.com aggregates name brands and quality suppliers as partners via co-branded and private label auctions and storefronts to partners and merchant clients through its portal. The site is designed to serve Fortune 1000-50 companies although it easily services and will attract small businesses and consumers. We even hope that the government will be attracted to utilize our advantages. They are even features that allow one to participate in auctions on the go remotely transmitted to a handheld computer, notebook, or personal digital assistant. Bidfor.com has plans to implement speech command technology so buyers can bid on-site or via telephone from anywhere via (877) 888-1Bid," Garnett said.

Bidfor.com's slogan boasts, "Bidfor the best in home and business; Premiere enterprise-wide business services and solutions all under one roof. The one source procurement community."

The auction portal offers a diverse universe of auction and direct purchase hard goods and services covering virtually every business segment and consumer interest. Consumers and companies may click to their separate areas or utilize the home page search engines. They may also register to buy or sell on-site. Merchants, sellers, and buyers are strictly screened and certified by CommerceKnowledge.com (Garnett's fraud prevention service/ community) prior to being accepted as a member of Bidfor.com which "prevents fraud and blocks or alerts of deadbeat bidders better than any other auction or trading and e-commerce community," according to Garnett. Moreover, Bidfor's technology lets merchants reveal if they are authorized by the manufacturer to sell that item posted which affects the validity of any item warranty.

Site functionality includes search engine access by item category (and subcategory), keywords, geographical location, and combinations of these. Auction bidders may elect to either bid for items or "buy now" for the stated price. You can even add an item to a wish list. Types of auctions supported by Bidfor.com include reserve, reverse and traditional with plans for haggle-style auctions as well. The auctions portal has also integrated charitable giving into the bid process.

Among numerous unusual features of the Website is a Commerce Knowledge, a merchant partner, category where the media may bid for a live interview with today's "headliners". There are exclusive and free email offers to consumers members and all subscribers and a three-month free trial co-branded auction-front merchant account for corporate members. Merchants can sell free for a three-month trial period.

According to Garnett, many of the features Bidfor brings to an auction portal are "new on earth," including local networking events that include live music, food, prizes, incentives, games, contests, and big name sponsors, which converges the portal community offline with its online presence and activities.

Bidfor.com is a private company with plans to seek expansion capital from venture capital groups, institutions, and other resources. Other Garnett online properties include Commerce Knowledge, a fraud prevention community/commerce news publication for the media and, among others, Simply One Solution, which offers "Configure to Order" online networks for virtually every industry segment.

Bidfor.com is not just another new kid on the block. Bidfor has some fresh benefits and conveniences that are hard to ignore and should be around for a long time to come. Do Bidfor if you do business.

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CONTACT: BidFor.com 
         Beth Garnett, President
         (516) 371-5975
         E-Mail: Beth@Bidfor.com