- Purchase Available at All Times from Small Lot with Warranty Privileges, 
Starting as Trial from December within USA -

AUCNET INC. (hereinafter referred to as "AUCNET") will launch the Aucnet Dealer 
Portal (tentative name) for overseas retailers which enables them to purchase 
secondhand smartphones and related accessories with warranties in small lots at 
any time. The service will begin as a trial in the United States starting from 
December 2019.

(Logo: 
https://kyodonewsprwire.jp/prwfile/release/M105709/201911083280/_prw_PI2im_y2V3XC8u.png)


Background for "Aucnet Dealer Portal"
Until now, AUCNET has been selling secondhand smartphones mainly to major 
distributors around the globe in a lot of hundreds of units through its global 
auction system. Now, AUCNET is launching an online marketplace to cater for 
demand from retailers who want to purchase high-quality secondhand smartphones 
in small lots at any time, a new sales method that differs from conventional 
auctions. This fixed-price online marketplace is developed and launched by 
AUCNET DIGITAL PRODUCTS USA, LLC (hereinafter referred to as "ADP USA") located 
in Austin, Texas, USA. ADP USA will initially conduct the trial mainly within 
the United States, start full-scale operations in 2020, and eventually expand 
beyond the United States. AUCNET will continue to expand and optimize its 
services to maximize the value of its distribution systems.

(Images: 
https://kyodonewsprwire.jp/prwfile/release/M105709/201911083280/_prw_PI1lg_RmR04R8O.png)


Features of "Aucnet Dealer Portal"
After the buyer selects manufacturers, models and quantities of devices they 
want to purchase and enter their payment method on the portal, a purchase order 
is automatically generated. In addition to wire transfer, other payment methods 
such as PayPal and credit cards will be available. Purchase information can be 
confirmed or managed on the buyer's "My Page" section. Additionally, suppliers 
will have a dedicated page to manage their product information such as 
inventory availability, etc. By doing so, AUCNET will establish a system that 
can handle a wide range of disposal requirements from insurance companies, 
major manufacturers and carriers.

Overview of ADP USA
1.Trade name: AUCNET DIGITAL PRODUCTS USA, LLC
2.Main business: Processing and auctioning of secondhand digital products
3.Established: November 27, 2018
4.Location: Austin, Texas, USA
5.Shareholder: AUCNET USA (100%)
6.Executives: 
- Chief Executive Officer: Katsuhiko Ichii
 (Managing Executive Officer of AUCNET INC., Division Manager of Department of 
  Digital Products Business)
- Chief Operating Officer: Greg Roberts
- Senior Vice President of Business Development: David Lundberg

Overview of AUCNET
Company name: AUCNET INC.
Headquarters: Aoyama OM Square, 2-5-8 Kita-Aoyama, Minato-ku, Tokyo
Representative: President & CEO Kiyotaka Fujisaki 
Founded: June 29, 1985
Capital: 1,711 million yen (as of December 31, 2018)
Consolidated gross income: 19.4 billion yen (fiscal year that ended in December)
Consolidated number of employees: 677 (as of December 31, 2018)
Listed: First Section of Tokyo Stock Exchange (security code: 3964)


Source: AUCNET INC.