Praeitorian’s Flagship Site, PoliceOne.com, Auctions Police Equipment Store
SAN FRANCISCO, Sept. 13 /PRNewswire/ — The Praetorian Group, Inc., the leading business-to-government e-commerce enabler targeting the $70 billion global market for public safety equipment, announced today live auctions powered by the Ariba Inc. (Nasdaq: ARBA) Dynamic Trade solution. To promotethe launch of the auction, a police equipment store, Tactical Kentucky, is being auctioned off beginning at $350,000 on Praetorian’s flagship vertical site, PoliceOne.
“The auction is the first phase of The Praetorian Group’s move to accelerate the global adoption of e-commerce within the unexploited public safety sector of the business-to-government (B2G) market,” said Gregory Horowitt, CEO and president, The Praetorian Group. “We selected Ariba Dynamic Trade because it provides public safety agencies and individuals with the most efficient and reliable trading mechanism available.”
Ariba Dynamic Trade is a complete suite of configurable dynamic trading mechanisms, including auction, reverse auction, negotiation, and bid/ask exchange. The solution accelerates trading efficiencies in e-Commerce by dynamically matching buyers and sellers with real-time information.
Praetorian’s vertical hubs, focusing across law enforcement, fire, emergency medical services and corrections, create significant value for departments, manufacturers, and distributors, and the individual professionals who exert a high level of influence over the purchasing of products and services. Ariba Dynamic Trade will offer public safety agencies the opportunity to bid on dynamically-priced surplus inventory from manufacturers and distributors as well as used equipment from departments and individual professionals, and benefit from time and cost savings of as much as 50 percent.
“As the Internet enabler for business-to-government e-commerce across public safety, The Praetorian Group is well positioned to drive efficiencies for buyers and sellers who are currently non-existent in the public safety market,” said Jerry Connell, director of Ariba Public Sector. “The flexibility and breadth of functionality provided by Ariba Dynamic Trade will provide Praetorian with the software necessary to radically change the current buying mechanism available to public safety participants.”
About The Praetorian Group, Inc.
The Praetorian Group creates and operates leading vertical hubs and communities in the highly fragmented public safety industry, providing Internet-based services that enable e-commerce and information sharing to streamline inefficient business processes. Its virtual, vertical marketplaces bring together individual professionals, decision makers, purchasing agents and suppliers in an information-rich environment, creating tremendous value on both the customer and manufacturer side and efficient solutions for the purchase and distribution of goods and services. Praetorian’s e-commerce solution streamlines department purchasing, lowers operational costs, simplifies complex processes and rationalizes industry supply chains. Visit Praetorian at http://www.praetoriangroup.com.







