Auction management software company Invenna, creators of AuctionAmigo, announced that it will cease most operations on September 1, 2001. According to Invenna, several reasons combined to force the decision: an unforeseen revenue drop, continued losses, increasing amount of resources required to keep up with eBay changes, the resulting support, and an inability to retain unpaid employees. In a statement to its
users, Invenna stated, "Email support for AuctionAmigo paid users will continue through August 1st, 2001. We will strive to keep updating to eBay's ongoing changes until September 1st." Invenna has made special arrangements with ChannelFusion and Auctiva to provide a deep discount
or extended trial of their auction management systems for all paid users of Auction Amigo Pro. For more information on the shutdown, visit:
http://www.invenna.com/support/transition_faq.htm.
