Proxibid announced it broadcast 350 live auctions during the month of March, a new record for the company, and signed on an unprecedented number of new clients. Proxibid Inc. is a pioneer of live Internet bidding technology with a client list of more than 800 auctioneer house customers. The company said the number of online bidders on Proxibid in March also reached a record high.

Proxibid's live bidding service is connected to an auction portal where auction companies can post their catalog for bidders to browse and search. The technology integrates seamlessly with the live auctions, allowing bidders to see, hear and participate in the auctions from the comfort of their home or office via the Internet.

Proxibid client Ken Jackson, CAI, of The Auction Marketplace said, "We have realized an additional 40% gross revenue when we conduct live auctions with Proxibid versus revenues realized during a traditional auction."

Proxibid client categories include antiques and collectibles, farm equipment, heavy machinery and real estate. Bidders can log on to register to bid, to view auction schedules and catalogs and leave pre-bids.

http://www.proxibid.com