• NextLot Inc.

Online Participation Continues to Soar at NextLot

NextLot, Inc. provides a unique experience to the online auction business that allow bidders to reach auctions anywhere in the world. Exercising their simple and efficient interface, users can experience an auction right in their homes or offices. Due to this distinctive involvement, NextLot’s clients are seeing a strong growth in online involvement.

Most recently, an auction by Alex Lyon & Son, a New York based company, provided 3 complete liquidations in 1 day. Using NextLot’s online technology, over 100 online bidders from the U.S. and Canada generated over $1.5 million in online sales, nearly one third of the total auction proceeds. The impressive performance capped off an already impressive month for the company.

NextLot makes sure that the online bidding process is as simple and smooth for all its participants. The innovative webcast format with simultaneous audio and video along with superior customer service support allows NextLot to standout in the industry. The company, never settles for mediocrity, and always is striving to be pioneers in the online auction space.

About NextLot, Inc.: NextLot provides auctioneers with a fresh approach to online-timed and live webcast auctions by providing extremely easy to use, privately branded software for three main auction formats: Timed Auction, Webcast, and Pre-Bid. NextLot believes that auctioneers’ most important assets are their buyers and that these assets should not have to be shared with their competitors on a public portal. NextLot users build brand loyalty while enjoying full control of their customer base, and avoiding exposure to competition. For more information on NextLot, Inc and services offered please visit www.nextlot.com.

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