IronPlanet Offers Power Train Warranty Through Glynn General

Agreement Protects Equipment Buyers Against Mechanical Breakdown



Apr 11, 2001, 01:00 ET from IronPlanet, Inc.

    PLEASANTON, Calif., April 11 /PRNewswire/ -- IronPlanet, Inc., the world's
 leading full-service online marketplace for used heavy equipment, announced
 today that the company has teamed with Glynn General Corporation to offer
 90-day power train warranties on used equipment purchased through IronPlanet.
 These warranties cover all major power train components and parts including
 the engine, transmission and final drive components.
     "Our used equipment buyers have been asking for power train warranties,
 and we are excited to be able to bring this added value to our customers,"
 said Bill Coleman, vice president of product management.  "Glynn General's
 willingness to extend these warranties on equipment based on our inspection
 reports from DynCorpServices demonstrates their trust in the quality of these
 reports."
     Glynn General's power train warranties are available on qualified
 equipment within the U.S. and Canada, including most equipment 1996 or newer,
 with 4000 or fewer hours and rated "Good," "Very Good" or "Excellent".
 Warranties are good for 90 days or 500 hours, whichever comes first.  Warranty
 service can be performed at most dealers.
     In addition to warranties, IronPlanet also offers financing on all
 equipment through Soris Financial, a business unit of CNH Capital, and free
 transportation quotes.  Used equipment buyers can get more information about
 IronPlanet's warranties, financing and transportation assistance by calling
 IronPlanet Customer Care at 888-433-5426.
     IronPlanet offers two services to buyers of used heavy equipment.
 IronCladAuctions(TM) are held every other week and IronClad Catalog(TM)
 listings are available daily.  All equipment in both the IronClad Auctions and
 IronClad Catalog is inspected by DynCorpServices (www.dyncorpservices.com),
 the world's leading provider of technical inspection services for heavy
 equipment, and the inspection reports are posted on IronPlanet's Web site.
 
     About Glynn General
     Glynn General Corporation, headquartered in South Georgia with branches in
 Dallas, Kansas City and Seattle, has been marketing equipment warranty
 programs since 1984.  Glynn General Corporation has been instrumental in
 pre-qualifying and administrating claims for three separate insurers.  They
 are a proven warranty provider with an excellent reputation in the heavy
 equipment industry.  The two controlling partners of the corporation have more
 than 40 years combined experience working with heavy equipment dealers and
 manufacturers and their extended warranty products.
 
     About IronPlanet
     IronPlanet (www.ironplanet.com) was founded in 1999 to provide a
 full-service online marketplace for the buyers and sellers of used heavy
 equipment.  In addition to significantly reducing the time and cost to buy or
 sell this equipment, IronPlanet greatly reduces risk to customers by credit
 qualifying buyers before they bid and by providing independent, insured
 inspection reports to buyers for all equipment.  IronPlanet's ISO 9000
 certified Customer Care team enhances the buyer/seller experience by working
 one-on-one with customers to handle entire transactions, including financing
 and transportation, which allows customers to buy with confidence.  IronPlanet
 is headquartered in Pleasanton, California.
 
 

SOURCE IronPlanet, Inc.
    PLEASANTON, Calif., April 11 /PRNewswire/ -- IronPlanet, Inc., the world's
 leading full-service online marketplace for used heavy equipment, announced
 today that the company has teamed with Glynn General Corporation to offer
 90-day power train warranties on used equipment purchased through IronPlanet.
 These warranties cover all major power train components and parts including
 the engine, transmission and final drive components.
     "Our used equipment buyers have been asking for power train warranties,
 and we are excited to be able to bring this added value to our customers,"
 said Bill Coleman, vice president of product management.  "Glynn General's
 willingness to extend these warranties on equipment based on our inspection
 reports from DynCorpServices demonstrates their trust in the quality of these
 reports."
     Glynn General's power train warranties are available on qualified
 equipment within the U.S. and Canada, including most equipment 1996 or newer,
 with 4000 or fewer hours and rated "Good," "Very Good" or "Excellent".
 Warranties are good for 90 days or 500 hours, whichever comes first.  Warranty
 service can be performed at most dealers.
     In addition to warranties, IronPlanet also offers financing on all
 equipment through Soris Financial, a business unit of CNH Capital, and free
 transportation quotes.  Used equipment buyers can get more information about
 IronPlanet's warranties, financing and transportation assistance by calling
 IronPlanet Customer Care at 888-433-5426.
     IronPlanet offers two services to buyers of used heavy equipment.
 IronCladAuctions(TM) are held every other week and IronClad Catalog(TM)
 listings are available daily.  All equipment in both the IronClad Auctions and
 IronClad Catalog is inspected by DynCorpServices (www.dyncorpservices.com),
 the world's leading provider of technical inspection services for heavy
 equipment, and the inspection reports are posted on IronPlanet's Web site.
 
     About Glynn General
     Glynn General Corporation, headquartered in South Georgia with branches in
 Dallas, Kansas City and Seattle, has been marketing equipment warranty
 programs since 1984.  Glynn General Corporation has been instrumental in
 pre-qualifying and administrating claims for three separate insurers.  They
 are a proven warranty provider with an excellent reputation in the heavy
 equipment industry.  The two controlling partners of the corporation have more
 than 40 years combined experience working with heavy equipment dealers and
 manufacturers and their extended warranty products.
 
     About IronPlanet
     IronPlanet (www.ironplanet.com) was founded in 1999 to provide a
 full-service online marketplace for the buyers and sellers of used heavy
 equipment.  In addition to significantly reducing the time and cost to buy or
 sell this equipment, IronPlanet greatly reduces risk to customers by credit
 qualifying buyers before they bid and by providing independent, insured
 inspection reports to buyers for all equipment.  IronPlanet's ISO 9000
 certified Customer Care team enhances the buyer/seller experience by working
 one-on-one with customers to handle entire transactions, including financing
 and transportation, which allows customers to buy with confidence.  IronPlanet
 is headquartered in Pleasanton, California.
 
 SOURCE  IronPlanet, Inc.