Auto Centrix, Inc. Announces the Signing of World-Wide Rights Agreement for Proxy-Bid Salvage Auction Software
TAMPA, Fla. & HALIFAX, Nova Scotia--Dec. 1, 20044, 2004--Auto Centrix, Inc. (PINK SHEETS:ATCX) announced today that it signed an Unlimited License agreement with Vortex Solution Inc of Montreal, Quebec giving Auto Centrix, Inc. exclusive worldwide rights to market, promote, and sell their proxy-bid salvage auction software. The software utilizes a proxy bid capability whereby bidders can set their maximum bid on a unit and the system will do the bidding for them up to that set amount. The software module also offers in-depth condition reporting as well as advanced search and reporting capabilities. The agreement also gives Auto Centrix the first option to purchase the software, at an agreed upon price, within a pre-determined timeframe."This agreement with Vortex Solution Inc is another milestone in executing our business plans," stated Auto Centrix, President and CEO David Highmore. "The proxy bid salvage auction module gives Auto Centrix another innovative product to offer our customers and automatically expands our company into yet another sector of the automotive industry."
Auto Centrix, Inc., which operates a "bricks and mortar" automotive auction under the Dominion Auto Auctions name, focuses on various technological mediums which facilitate the purchase, sale and re-sale of vehicles, thereby lowering the costs, expanding the geography, and expediting the sale processes, while securing the integrity of the vehicle information. The products and services have been designed with the flexibility and scalability to interface with their clients existing systems.