Salvage Direct Adds Commercial Lines Division; Commercial Vehicles to Join Internet Auction Site's Roster of Salvaged Vehicles and Watercraft

TITUSVILLE, Pa.--Feb. 2, 20061, 2006--Salvage Direct today announced the launch of its new commercial lines division, adding more construction equipment and heavy machinery to Salvage Direct's current roster of salvaged vehicles and boats. The new division will include tractors, trailers, dump trucks, off-highway equipment, ditch diggers and other commercial vehicles which have been salvaged, usually after sustaining damage in an accident or severe weather. The addition of more commercial vehicles is a natural progression for the Titusville, Pennsylvania, company, which began auctioning cars, trucks, motorcycles and boats over the Internet in 1998.

Since Salvage Direct first began pairing state-of-the-art technology with the salvaged vehicle industry, the company has auctioned off thousands of vehicles over the Internet. Salvage Direct sells vehicles on behalf of insurance companies, rental car agencies and other financial institutions to licensed salvage dealers and dismantlers. Salvage Direct began getting more and more requests from insurance companies to find buyers for specialty vehicles; when the volume of specialty vehicles got high enough 2 1/2 years ago, the company added a specialty lines division to the auction site. Looking at Salvage Direct's website today, buyers may find everything from snowmobiles, jet skis, motorcycles, recreational vehicles, sport utility vehicles, all-terrain vehicles, and various watercraft--with the occasional tour bus thrown in--to the more traditional lines of cars and trucks. Vehicle damage ranges from minor to so severe the vehicle has been certified "unrebuildable."

"Insurance companies like the time they save and the return they get when we market and sell the vehicles to a nationwide audience of buyers for them," says Bob Joyce, CEO of Salvage Direct. "Buyers, on the other hand, really enjoy looking over hundreds of vehicles from the comfort of their own homes and offices."

Salvage Direct's format enables buyers who log onto the website to see photographs and descriptions of available vehicles, bid on those that interest them and purchase vehicles for which they place the winning bid.

More about Salvage Direct

Started in 1998, Salvage Direct is a leader in online salvage auction firms using the Internet to market recovered vehicles of all types. Salvage Direct's 24/7 online auctions allows insurance companies to liquidate huge inventories of boats, motorcycles and other vehicles to certified dealers and dismantlers easier and faster than ever. Salvage Direct's established and growing buyer base regularly achieves a higher-than-average return on the auctioned items while saving insurance companies' storage and marketing costs. Salvage Direct concentrates in specialty lines, such as boats, yachts, motorcycles, RVs, and ATVs, together with automobiles and trucks. Salvage Direct provides recovery, electronic filing, storage and auctioning services to their clients. Predominantly in the Southeast, Mid-Atlantic and Northeast regions, the Salvage Direct network includes clients in Texas, California and Washington.

For more information or to view Salvage Direct's inventory of salvaged vehicles, visit them online at www.salvagedirect.com.