Vemark Releases Major Update to SalvageNow.com and
Raises the Bar for Online Experience

BOCA RATON, FLORIDA – APRIL 17, 2007 – Vemark today launched a major update to its popular and acclaimed SalvageNow website. The site www.SalvageNow.com markets salvage vehicles to licensed buyers all over the world. This online auction solution provides businesses the ability to trade online with other businesses seeking vehicles, removes geographical boundaries and offers a full-service solution.

What’s New:

SalvageNow’s updated website has an enhanced and simplified navigation system that is faster and offers users a more streamlined and smoother experience.

The new SalvageNow site features updated grids, more precise vehicle searches, and a new calendar function that enables users to plan and schedule for upcoming auctions. Increased functionality is immediately apparent with the new Watchlist feature that allows users to track the status of their bids both online and at the physical auctions.

Users now have direct access to BidCentral, Vemark’s fully-integrated virtual bidding platform that provides better integration and access to vehicles at Vemark’s physical auction partners. The improved functionality and visibility of SalvageNow.com will add more auctions and resultin increased offerings and inventory for salvage buyers.

About Vemark and SalvageNow:

The SalvageNow Online Auction solution manages and tracks specific vehicles from both a consignor and buyer perspective in real-time, facilitating the best possible commerce experience. Use of SalvageNow.com also dramatically reduces the overall recovery cycle times by offering daily auctions. Vemark’s new SalvageNow.com is the industry standard and market leader with over 5,000 qualified buyers.

Doug Mellette is chairman and managing member of Vemark, LLC. Since founding Vemark in 1998, Doug has pioneered Vemark's position as the leader in Vehicle Loss Recovery Management solutions. In addition to Vemark’s SalvageNow and BidCentral solutions, over thirty physical auctions use SNaps, Vemark's auction management software, and hundreds of auctions receive assignments via Vemark's NetworkNow product. Vemark’s newest solution, AMC (Asset Management Console) integrates seamlessly with SalvageNow and allows fleet managers the ability to manage their vehicles across multiple auctions.