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Active Assets Announces Latin American Partners

North American companies will soon be able to sell surplus industrial assets and inventory in the Latin American market through a direct electronic pipeline to established auctioneers and sales agents in Latin America and Spain, thanks to agreements signed by Miami-based Active AssetsandAssociates Inc. and several Spanish and Latin American partners in Argentina, Brazil, Chile, Colombia, Mexico and Venezuela.The hands-on, personalized service we provide customers through our network will be invaluable, said Richard Clark, president, Active Assets. Our research has clearly demonstrated that buyers and sellers of big ticket corporate assets want to talk to real people during the course of their on-line transactions.Provided services will include product assurances, third-party appraisal and inspection services, freight calculation and forwarding, customs regulations assistance, financing and escrow.

September 2000