MANHEIM HOLDS ITS FIRST IN-WATER BOAT SALE
News release and photos attached. Please see below for photo captions. MANHEIM HOLDS ITS FIRST IN-WATER BOAT SALE Wireless Mobile Unit with Manheim Simulcast Gives Customers Dockside Viewing ATLANTA - Manheim Specialty Auctions held its first in-water boat sale, sponsored by Manheim's 166 Auto Auction on Sept. 22, at Indian Point Marina in Branson, Mo. More than 200 customers from Canada to California were able to take advantage of on-site and online bidding using a variety of technologies, including Manheim Simulcast. Of the 89 registered units offered, approximately one-half were sold. "We are very pleased with the results of our first in-water boat sale, especially with more than 50 percent of the boats sold online," said Karen Braddy, director of heavy trucks, highline and specialty for Manheim. "While Manheim Simulcast has been used successfully by buyers and sellers with cars, we're now using it in with specialty auctions. Our customers could not have gotten closer - even if they had a bathing suit. We look forward to hosting this event again next year." The auction was the first to employ Manheim's mobile auction unit, featuring wireless simulcast capabilities. The mobile auction unit includes a trailer with an office for dealer check-in, an auctioneer window, and Manheim Simulcast via satellite. A handheld-camera operator captures different unit angles; giving dealers enhanced close-ups previously unavailable through Manheim Simulcast. Braddy said the introduction of the mobile auction unit is a milestone for the company. "The mobile auction unit is a valuable offering to Manheim customers. It allows us to offer Manheim Simulcast sales from any location, even a marina," she said. "Our goal is to continue to give specialty customers choice and convenience when it comes to buying and selling." About Manheim Manheim is the world's leading provider of automotive remarketing services. Through its live auctions and array of technology products, Manheim impacts every stage of a used vehicle's life cycle, helping commercial sellers and automobile dealers realize the full value of their vehicles. The company's services include reconditioning, certification, inspections, dealer financing, transport, title management and marshaling, among others. Manheim is also the leader in remarketing technology, using its online tools to connect buyers and sellers around the globe to the world's largest, most comprehensive wholesale marketplace. In 2005, Manheim handled nearly 10 million used vehicles - and sold more than 5 million - representing more than $50 billion in value. Manheim's subsidiary companies provide value-added remarketing products, including paintless dent removal (Dent Wizard), Auto Body Repair, and salvage vehicle remarketing (Total Resource Auctions). A wholly owned subsidiary of Cox Enterprises, Atlanta-based Manheim is a global organization with 32,000 employees at its 139 U.S. and international locations. For more information, visit www.manheim.com <http://www.manheim.com/> . # # # PHOTO 1: MANHEIM'S FIRST IN-WATER SALE: Manheim Specialty Auctions held its first in-water boat sale, sponsored by Manheim's 166 Auto Auction on Sept. 22, at Indian Point Marina in Branson, Mo. More than 200 on-site and online customers from Canada to California bid on the 89 registered units offered through a variety of technologies, including Manheim Simulcast. PHOTO 2: INSIDE MANHEIM'S MOBILE AUCTION UNIT: Manheim's mobile auction unit, featuring wireless simulcast capabilities, debuted on Sept. 22, at Manheim's 166 Auto Auction's first in-water boat sale. The mobile auction unit includes a trailer with an office for dealer check-in, an auctioneer window and Manheim Simulcast via satellite. A handheld-camera operator captures different unit angles; giving dealers enhanced close-ups previously unavailable through Manheim Simulcast. Jennifer Poston McNeely Pigott & Fox 615-259-4000 jposton@mpf.com