AMS News release
For immediate release Wednesday, July 27, 2005
Contact: Nancy J. Rabenold of AMS (813) 621-7881
Internet Technology Attracts Carriage Trade Public Auto Auction to OnLine
RingmanSM
TAMPA, Fla. JULY 27, 2005 Carriage Trade Public Auto Auction of
Conshohocken, PA has selected Auction Management Solution’s patented OnLine
Ringman application to provide Internet bidding.
Brian McNally, General Manager at Carriage Trade Public Auto Auction said,
“We chose a partnership with AMS because our management team believes
there’s more to an auction IT system than just technology. We are making
long-term strategic technology decisions with market leaders that will help
the auction expand its customer relationships and increase its operating
efficiency through technological innovation.”
McNally noted, “Carriage Trade Public Auto Auction is committed to providing
the best public auto auction experience for our auction buyers and sellers.
Carriage Trade auctions over 50,000 cars, trucks, boats and recreational
vehicles each year as the largest public auction. We selected AMS’s
patented technology to bring more buyers via the Internet to our live
auction events. More buyers will in turn raise our consignment as well.”
AMS’s President and CEO, Nancy Rabenold, said, “AMS’s patented OnLine
Ringman system is a fundamental element of our clients' repertoire of
strategic offerings. By combining next generation innovation with
outstanding customer service, Carriage Trade Public Auto Auction can
positively leverage value-add from technology while delivering outstanding
service to an expanding customer base.”
“Growth in OnLine Ringman is very positive,” said Rabenold. “It demonstrates
that the market perceives value in the patent recently awarded to AMS for
OnLine Ringman, which continues to assist our customers in revolutionizing
the remarketing industry. In the same way we delivered on our vision of
OnLine Ringman, we are committed to deploying systems that will further
advance technology’s role in today’s auction environment.”
About Carriage Trade Auto Auction
Carriage Trade Auto Auction is the largest public auction in America. In
2004 Carriage Trade sold over 37,000 vehicles consigned by financial
institutions as repossessions and off-lease vehicles as well as new-car
dealers trades, wholesale dealers, government agencies and individuals. A
firm commitment to policies protecting the interests of buyers and sellers
equitably and fairly has enabled the Carriage Trade Public Auto Auction to
enjoy unprecedented growth at the biggest and best public auto auction.
Carriage Trade Auto Auction
1200 Ridge Pike
Conshohocken, PA 19428
(610) 825-7085
http://www.carriagetradeautoauction.com
<http://www.carriagetradeautoauction.com/>
About Auction Management Solutions (AMS)
Auction Management Solutions, Inc., founded in 1996, is the premier
technology infrastructure provider to the asset disposition industry and is
the sole owner and developer of the patented OnLine RingmanSM system. As
the world leader in asset disposition technology and solutions, AMS's
"OnLine RingSM" family of products is the foundation of a sophisticated
Internet infrastructure and strategy for auction houses and manufacturers
world-wide, and our tools are used by industry leaders in major market
segments.
Founded in 1996 after years of research, AMS is dedicated to innovation and
focused solely on the asset disposition and related data services industry.
Our solutions ensure that the traditional auction is supported while
providing tools and the broadest line of technological solutions available
to better serve their customers. With a core philosophy of customer-focused
innovation, AMS has been able to advance the asset disposition industry by
drawing upon our own best practices and remains committed to keeping ahead
of market trends and integrating the opportunities of access in a connected
and remote Internet world with the asset disposition cycle and our
customers' current business practices.
As AMS’s cornerstone product, OnLine RingmanSM has fulfilled objectives of
the auction houses, the consignors and the bidders in a fashion far
exceeding industry expectations. In doing so, it has served to create for
AMS a reputation of technological expertise, which has opened significant
opportunities for participation in all operational aspects of asset
disposition. AMS has protected its technology and processes with a strong
Intellectual Property "bracketing" and "clustering" patent strategy. We
currently have seven (7) patents pending, with additional submissions
expected soon.
--
David Dawson
Executive Media
(317) 231-7000
--
David Dawson
Executive Media
(317) 231-7000
