TekSell.com Named Exclusive Auction Site For IDG’s ITworld.com

RALEIGH, N.C– 02/16/2000 — ITworld.com, the IT problem-solving network(TM) and an IDG online resource for Information Technology (IT) professionals, and TekSell.com, provider of business-to-business auctions of high-end data, video and voice equipment, announce an agreement that names TekSell.com (www.teksell.com) as the exclusive IT auction provider for the ITworld.com Web site (www.itworld.com) launched yesterday. The agreement gives serious IT professionals an unmatched online resource, combining ITworld.com's valued editorial content with TekSell.com's position as the "trusted intermediary" in B2B auctions of high-end IT equipment.

According to John Carpenter, vice president of business development at ITworld.com, TekSell was selected as the exclusive auction provider because of its trusted position in the IT equipment vertical. "TekSell is the only B2B auction focused solely on high-end IT equipment and will add considerable value to our site," said Carpenter. "They auction high-end routers, switches, servers and the like from some of the biggest names in the business. This is a natural synergy benefiting the serious IT professional."

TekSell CEO and president, Andy Cummins, believes this is a win-win-win agreement. "Visitors to the ITworld.com site will get valuable technology-specific content, as well as the chance to purchase top-line equipment at significant savings," said Cummins. "As an e-Channel Provider TekSell enables manufacturers, distributors and value added resellers to buy and sell in a dynamic pricing environment. The agreement with ITworld allows us to continue to build a strong aggregated audience of hundreds of thousands of IT professionals."

The TekSell auctions include equipment from manufacturers such as Cisco, Sun, 3Com, Newbridge Networks, Nortel and Allied Telesyn. All new and remanufactured equipment is warranted by the manufacturer and can be billed directly to existing accounts. All previously owned equipment undergoes thorough testing and certification, including Y2K verification, by TekSell's team of qualified engineers. All purchases from the TekSell.com site come with a five-day money-back guarantee.

Under this agreement TekSell.com will be the exclusive technology auction provider for ITworld.com and its wholly owned properties, which include Solutions Integrator (www.solutionsintegrator.com), Linuxworld (www.linuxworld.com), Sunworld (www.sunworld.com), and Javaworld (www.javaworld.com). Additionally, the ITworld.com Network includes such trusted information sources as CIO, Computerworld, InfoWorld and Network World.

About ITworld.com

Including eight leading IDG websites and drawing upon IDG 's global editorial team of 2,000 journalists and 400 research analysts, ITworld.com provides the most complete dimensions of IT content, making it the most trusted problem-solving network for Enterprise IT Professionals. For more information, please see http://www.itworld.com

About TekSell.com

Headquartered in the Research Triangle Park region of North Carolina, TekSell.com provides trusted business-to-business auctions of high-end new, remanufactured and previously owned IT equipment. The company is uniquely positioned as the marketplace for serious IT professionals seeking certified data, video and voice equipment with value-added services such as money-back guarantees, manufacturers' warranties, Y2K verification and secure transactions with escrow protection. Teksell also offers private branded auctions for OEMs, distributors and resellers giving them an instant e-channel without incurring the significant overhead of hosting and maintaining an internal auction site. For more information, please visit www.teksell.com