News | October 1, 2001

MoonBuzz Expands Online Sales Management Services for Corporate Clients

Strategic Partnership With Carolina Logistics Services Provides Nationwide Warehouse and Fulfillment Capabilities

MoonBuzz, the online sales management solution for corporate clients, has announced a partnership with Carolina Logistics Services (CLS) that further extends MoonBuzz's service offering and simplifies the way large companies do business on the Internet. Companies looking for outsourced fulfillment capabilities now have the option of consigning inventory through direct physical delivery of goods to MoonBuzz. As an agent, MoonBuzz then sells these products on behalf of the client and ships them through CLS's national network of warehouses directly to end consumers.

``We are excited about being part of the MoonBuzz solution for corporate inventory liquidation,'' said Mark Doughton, president of CLS. ``Our 21 warehousing and fulfillment centers are ideally located to service the growing list of MoonBuzz clients.''

With this partnership, MoonBuzz is now the first and only auction service provider to offer manufacturers a cost-effective full-service online inventory liquidation solution, removing the barriers that large companies typically face when selling goods at high volume over the Internet. A unique combination of services, consulting and technology is allowing MoonBuzz to open the online sales channel for major corporate clients including KitchenAid (a division of Whirlpool Corporation), Compaq, Xerox, 3Com and many others.

``MoonBuzz makes the online sales process seamless,'' said Paul McGladrigan, manager of direct Sales and e-commerce for KitchenAid Appliances. ``This new warehousing and logistics capability is one of the things that makes MoonBuzz so attractive to us.''

``We make it easy for major corporations to sell their products through a network of established Internet sites such as eBay, half.com and Yahoo!,'' said Patrick Vaughn, CEO of MoonBuzz. ``Our clients can sell anonymously (under the MoonBuzz brand) or promote their own corporate identity (using custom branded templates) and we manage the entire process: generating product templates, scheduling items for sale, handling the customer service and payment processing, and now even warehousing and performing pick/pack/ship activities. Our clients simply tell us what products they want to sell and in what quantities, and we take care of the rest. Whether using MoonBuzz systems to ship from their own warehouse or sending pallets of merchandise to one of the MoonBuzz locations for fulfillment, companies can now take advantage of the only truly comprehensive and seamless online solution for maximizing returns on their excess inventory.''

About MoonBuzz

Headquartered in Charlotte, NC, MoonBuzz offers large corporate clients a cost-effective channel for maximizing returns on the liquidation of excess inventories. Its unique combination of outsourced services, consulting and technology make it possible for major manufacturers, distributors, retailers and government surplus agencies to leverage the online sales channel. In addition, MoonBuzz provides buyers with products at aggressive prices backed by full manufacturers' warranties, no-hassle return policies and full customer support services, including both pre- and post-sale assistance. For more information about the company, visit its website at www.moonbuzz.com.

About CLS

Carolina Logistics Services (CLS), (a division of Inmar Enterprises) headquartered in Winston-Salem, NC, is a single source solution and leader in the business of reverse logistics, returned goods management and warehouse services. CLS clients include leading grocery retailers and wholesalers, drug store chains and mass merchandisers throughout the U.S., Canada, Puerto Rico and the Virgin Islands. From its 21 facilities strategically located around the country, CLS can effectively respond to complex logistics needs. For more information about the company, contact Todd Halver, Vice President, Sales at (800) 765-1277 x1944.

Contact:
Ryan Mahoney/Stephanie Groves
The Weber Group
617-520-7211/7213
rmahoney@webergroup.com
sgroves@webergroup.com

SOURCE: MoonBuzz