SOURCE: IronPlanet

December 04, 2006 09:00 ET

IronPlanet to Hold Two Large December Auctions

PLEASANTON, CA -- (MARKET WIRE) -- December 4, 2006 -- IronPlanet (www.ironplanet.com), the third-largest heavy equipment auction company in North America, is holding two large December auctions with over $15 million worth of heavy equipment and trucks.

"This has been a great year for IronPlanet," says Rob Alleger, IronPlanet's CEO. "We have seen worldwide acceptance of IronPlanet as the trusted marketplace for heavy equipment and trucks."

The auctions, to be held at www.ironplanet.com on Dec. 7 and Dec. 14, contain over 1,000 items. "A great variety of equipment from skid steers to large mining equipment is for sale in our December sales," says Mike Rich, vice president of sales. "We're already receiving a lot of attention from equipment buyers around the world, who can buy with confidence using our guaranteed inspection reports."

The auctions will feature:

--  28 aerial work platforms
--  50 backhoe loaders
--  38 compactors
--  47 dozers, including a 2003 Caterpillar D9R
--  74 excavators, including a 2001 Caterpillar 345BLII
--  77 forklifts
--  95 skid-steer loaders
--  72 wheel loaders, including (7) Caterpillar 992C
--  21 off-road trucks, including: 2005 Caterpillar 730, 1992 Caterpillar
    785
--  135 on-road trucks, including (8) 2001 IHC 9200
    
Each auction starts at 7 a.m. PST at www.ironplanet.com.

For more information, contact IronPlanet at 888-433-5426. A complete auction schedule with photos, details, and inspection reports for the equipment in these auctions is available at www.ironplanet.com.

Founded in 1999, IronPlanet has grown to be the third-largest auction company of heavy equipment. With Caterpillar, Komatsu and Volvo as investors, IronPlanet sells a broad range of used equipment including construction, agricultural and trucks through online auctions. IronPlanet is the only auction company to provide detailed, guaranteed inspection reports for used equipment in its auctions. If you are interested in buying or selling used equipment, go to www.ironplanet.com.

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