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Industry Leaders Integrate Technology to Enhance Online Industrial Auction Protocol.

MInneapolis, MN, June 28, 2015 --( Today, Wavebid, a leading provider of technology for the auction industry, announced an alliance with BidSpotter serves as a platform for online industrial auctions, with over 400,000 active buyers and $4 billion worth of products. This alliance makes strategic technology available to BidSpotter auctioneers, which will help increase the efficiency in auction cataloging by leveraging Wavebid tools on the BidSpotter platform.

Wavebid Co-Founder, Russ Hilk said, “When comprehensive information about equipment and machinery is available it sells extremely well in an online marketplace. Given the tight timeframe in which most auctioneers operate, getting complete information can be challenging. Wavebid makes critical data collection faster and easier.”

This collaboration aims to increase the amount of quality information that exists in the industrial auction marketplace. Being that BidSpotter serves as the central platform and major hub for the industry, they are uniquely positioned to influence this type of evolution. Wavebid has made it their explicit goal to make the acquisition and management of auction information simple, promoting a higher volume and quality of photographs, videos, and descriptions. By working in concert, the two companies act as a strong driving force for the industry.

In response to the recent technology integration BidSpotter CEO, Richard LeMieux, said, “We are excited for auctioneers using BidSpotter to begin utilizing Wavebid’s tools. We anticipate a better experience for both auctioneers and customers.”

About Wavebid: Wavebid is an auction software technology company which provides auctioneers with great products and services. Wavebid Auction Management Software includes cataloging, buyer and seller management, web tools, marketing tools, and full clerking and accounting software for auctioneers. For more information visit or contact our office at 763.355.3985.

About As the leader in broadcasting live and timed Industrial, Construction and Agriculture auctions, is dedicated to providing customers with top-tier service and the best online bidding experience. is in a class of its own with 20+ years of industry expertise, round-the-clock customer support, and a cutting-edge online bidding platform. As more sellers and buyers are looking to expand their business, continues to be the online bidding solution of choice. For more information go to or contact at, 1.866.597.2437
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