Annonce

List & Clark Construction Sells $3.9 Million of Equipment Through IronPlanet

PLEASANTON, Calif. — August 14, 2008 — IronPlanet® (www.ironplanet.com), the world’s leading online auction company for used construction and agricultural equipment, recently liquidated $3.9 million of used equipment for List & Clark Construction of Lenexa, Kan., achieving $400,000 more than its initial price target. The July 11 auction drew a global audience of more than 10,000 visitors and generated an average of 29 bids per item.

“We liked that the auction was on the Internet and that we didn’t have to move equipment in order to sell it,” said Mark Beggs, P.E., president of List & Clark Construction. “The lower mobilization and get-ready costs entered into our evaluations from the start, but the bottom line for us is that we hit our numbers.”

“IronPlanet auctions continue to outperform traditional auctions in price performance and cost efficiency through our global reach and low selling costs,” said Mike Groves, IronPlanet’s senior vice president of North American sales. “We appreciate the trust that customers like List & Clark place in IronPlanet and will continue to build relationships like these that generate long-term value for all our customers.”

IronPlanet is the world’s leading online auction company for used construction and agricultural equipment. Our sellers achieve more profitable sales through low transaction costs and better price realizations through a global audience of buyers. Our guaranteed inspection reports and exclusive IronClad Assurance enable buyers to bid with a high degree of confidence. IronPlanet is backed by Accel Partners, Kleiner Perkins Caufield and Byers, Caterpillar, Komatsu and Volvo. For more information, visit www.ironplanet.com.