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AVBID, INC. FORMS E-COMMERCE ALLIANCE WITH INDUSTRY LEADER EAST AIR CORP.

ATLANTIC BEACH, N.C. - AvBid, Inc., an online aviation auction firm, and East Air Corporation of Hackensack, N. J., a long established airline and military parts supplier, today announced an agreement to form a strategic alliance that broadens and enhances the services offered to their respective customers.

AvBid’s web-based auction and offer exchange technologies at, www.avbid.net, allows buyers and sellers to acquire and liquidate surplus parts inventories. AvBid, Inc. ”AvBid’s e-commerce platform enables sellers to eliminate excess, surplus, or discontinued stocks quickly and convert them to capital, thus making their inventories become more revenue productive,” said J. Tracy Bowling, founder and President of AvBid. “Buyers can usually purchase these surplus inventories at lower costs in our auctions thus creating a win-win situation for both buyer and seller,” Bowling added.

East Air Corp, www.eastair.com, a leader in the aviation industry for over fifty years, seeks to further develop it’s e-commerce strategy by partnering with AvBid. East Air Corp. “East Air’s alliance with AvBid allows us to offer a new service to our customers and a new opportunity to serve them. Through AvBid’s accelerated marketing platform, we will be able to assist our customers with reducing parts inventories that are surplus and excess to their needs,” said John Nepola, President and CEO.

In addition to its U.S. headquarters, East Air Corp. has offices in Europe, Africa, Asia, and South America. “AvBid is excited about the opportunity to partner with a well established and respected company with global reach,” said Bowling. “This increases our ability to reach what is truly a global market through East Air’s international client base.”


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