Outbid Brings Real Auction Action To The iPhone and iPad

OAKLAND, Calif. and NEW YORK, May 21, 2012 /PRNewswire/ -- Outbid (www.outbid.com) today announces that its auction service, which combines the theater and transparency of live auctions with social and gaming features, is now available for the iPhone and iPad. The new app is the first of its kind to let anyone join the fun of a live online auction, where they can engage in a bidding war via a mobile device.

The Outbid app lets bidders participate in a fast, infectious, new kind of auction that allows them to place a bid with just the tap of a screen. Whether they sit back and observe their competitors' behavior, or dive into a frenetic game of bidding one-upsmanship, users of the new Outbid app can remotely experience the buzz of the traditional auction room.

Along with diving into the bidding fray, users can use the app to check the schedule or RSVP to an upcoming auction; read the details on any item on the auction block; get a sneak peak at the products submitted by the Outbid selling community, from electronics to collectibles to handmade crafts; and receive email notification of their actions.

"Just like in our online auctions, the Outbid app lets anyone, from curious spectators to serious competitors, use their iPhone or iPad to watch or join the bidding," said Outbid CEO Dan Granger. "Participants can try to beat the ticking timer, or muscle their way to the top by tapping the Monster Bid button, which can put them in the driver's seat – all of which creates the same kind of thrill that has made Outbid online such a phenomenon."

Whether online or on the new app, Outbid auctions don't drag out with a clock running for hours or even days – a typical Outbid auction briskly wraps up in about three minutes. And auction aficionados never have to worry about sniping, last-second bidders or annoying bots that ruin the experience on Outbid.

Outbid is funded by NASDAQ-quoted Copart, Inc. (www.copart.com), which owns the patented VB2 online auction technology. Jay Adair, CEO of Copart, founded Outbid to bring the excitement of live auctions to the online auction – and now to the top selling smartphone and tablet. Adair was inspired to create Outbid, something of a "virtual lemonade stand," where his own children could safely sell what they made to friends and family.

"As we've been focusing on ways of bringing online what's great about traditional auctions, we've also wanted to deliver the same, exciting, even theatrical marketplace for those who would want to join in on their iPhone or iPad," said Adair. "With mobile, and now the tablet, becoming such a force in entertainment and commerce, it was a no brainer to bring Outbid's unique take on the traditional auction to these devices."

Outbid auctions are free to join or create. Sign up at www.outbid.com, schedule an auction and invite your friends and their friends to join in.

To download the Outbid app for iPhone and iPad: http://itunes.apple.com/us/app/outbid/id524180055?ls=1&mt=8

To access the Outbid press kit with press releases, screenshots, and additional background information, go to: http://consortpartners.com/clients/Outbid.php

About Outbid
Outbid is reinventing the online auction. By bringing the auction room online and adding social features, Outbid is enabling real auction action online. Founded in Oakland in October 2011, Outbid is a privately held company with 16 full-time employees. Outbid is independently funded by NASDAQ-quoted Copart, Inc. (www.copart.com).

More information about Outbid is available at www.outbid.com and on Twitter at http://twitter.com/outbid.

Media Contact
Mark de la Vina
Consort Partners
[email protected] 
Tel: +1 415 282 4795

SOURCE Outbid