Barrett-Jackson Selects Proxibid as Exclusive Partner for Online Bidding Services

SCOTTSDALE, Ariz. & OMAHA, Neb.–(BUSINESS WIRE)–Barrett-Jackson,
The World’s Greatest Collector Car Auctions®, and Proxibid,
the world’s most trusted way to connect buyers and sellers of highly
valued items, today announced a partnership whereby Proxibid will be the
exclusive provider of online bidding solutions for all Barrett-Jackson
auctions moving forward. Beginning with the 14th Annual
Barrett-Jackson Palm Beach Auction taking place April 8-10, online
buyers can participate with confidence via Proxibid,
and bid from anywhere in the world with an internet connection.

“This partnership signifies Barrett-Jackson’s growing commitment to the
digital world, and changes the way our company interacts with global
buyers,” said Craig Jackson, Chairman and Chief Executive Officer of
Barrett-Jackson Auction Company. “Online bidding has been a part of
Barrett-Jackson since the late 1990s and this partnership takes it to
the next level. Proxibid sets the industry standard with its risk
management capabilities, technology and Marketplace reach, and will help
Barrett-Jackson impact the future of the collector car auction industry.”

This year’s Palm Beach Auction features hundreds vehicles across a broad
selection of vintage, custom, supercars, and late model vehicles, most
selling at No Reserve. Collectors from across the globe will not want to
miss the opportunity to bid online for rare gems, including:

  • An exceptional 1957 Ford Skyliner F-Code Retractable Hardtop (Lot
    #387
    ) – one of only seven Fairlane 500s built with a supercharged
    F-Code 300 brake horsepower, 312ci overhead-valve V8 engine with a
    retractable hardtop.
  • A 1957 Ford Thunderbird F-Code Convertible (Lot
    #386
    ) – one of only 205 also fitted with the supercharged F-Code
    300 brake horsepower, 312ci overhead-valve V8 engine. It has been
    meticulously restored and is finished in a rare Flame Red exterior.
  • A 2006 Ford GT Heritage Edition (Lot
    #401
    ) still in the wrapper. With less than five actual miles on
    this vehicle’s odometer, finding one of the 343 Heritage Editions this
    pristine is extremely rare.
  • A 2005 Porsche Carrera GT (Lot
    #400
    ) mid-engine supercar putting out 605 horsepower with its
    5.7-liter V10 and 6-speed manual transmission. Only 1,270 units of the
    Carrera GT were ever produced, making this a rare opportunity to own
    one of the most sought-after supercars.

“Proxibid is excited to partner with Barrett-Jackson to provide global
buyers with access to the highest caliber of collector cars available,”
said Ryan Downs, President and CEO of Proxibid. “Barrett-Jackson is a
leader in the space, and we are proud to represent the brand in our
Marketplace. We look forward to working with Barrett-Jackson to grow its
online business.”

Proxibid is the only online provider in the industry to offer a
comprehensive risk management system designed specifically to facilitate
high dollar transactions. More than 14,000 sales events take place in
the Proxibid Marketplace annually, and more than 13,000 new buyers join
the Marketplace each month. The site is 100 percent PCI compliant, which
when combined with its enterprise-level technology and infrastructure,
boasts a 99.9+ percent uptime, making it the most trusted place to buy
and sell collector cars online.

Proxibid Social
Visit us online at www.proxibid.com
“Like”
us on Facebook www.facebook.com/proxibid
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us on Twitter www.twitter.com/proxibid

About The Barrett-Jackson Auction Company
Established in
1971 and headquartered in Scottsdale, Arizona, Barrett-Jackson, The
World’s Greatest Collector Car Auctions®, is the leader in
collector car auctions and automotive lifestyle events. The company
produces auctions in Scottsdale, Arizona; Palm Beach, Florida; at
Mohegan Sun in Connecticut, and Las Vegas, Nevada. With broadcast
partners, Velocity and Discovery Channel, Barrett-Jackson will feature
live television coverage in 2016, including broadcasts in over 100
countries internationally. Barrett-Jackson also endorses a one-of-a-kind
collector car insurance for collector vehicles and other valued
belongings. For more information about Barrett-Jackson, visit http://www.barrett-jackson.com,
or call 480-421-6694.

About Proxibid
Proxibid provides auction companies and asset
owners with access to the most trusted way to buy and sell highly valued
items online. More than $4 billion in inventory passes through
Proxibid’s Marketplace annually via live and timed auctions,
and Buy Now and Make Offer capabilities, across 15 categories that
include heavy equipment; industrial machinery; real estate; fine art;
antiques and collectibles, and more.

Founded in 2001, Proxibid is headquartered in Omaha, NE with offices in
South Sioux City, NE and London. For more information about Proxibid,
please visit www.proxibid.com.

Contacts

Proxibid
Dana Kaufman, 402-505-7776
dana.kaufman@proxibid.com
or
Barrett-Jackson
Rodney
Scearce, 480-306-8253
rscearce@barrett-jackson.com

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