is going to auction off end-of-line products and insurance recovered goods, including bicycles. It's owned by insurance firm CGU and already features bikes from Trek, Iron Horse and Specialized

Another bike auction site opens

This is’s press release, it comes in two parts:

MAKE EVERY DAY A JANUARY SALE DAY! IS OFFERING YOU THE CHANCE TO BE AMONG THE FIRST TO register onto THE UKs bRAND NEW INTERNET AUCTION SITE AND BE FIRST IN LINE FOR A RANGE OF GREAT BARGAINS, INCLUDING THE LASTEST TECHNOLOGY AT LOWEST PRICES., is opening up a secret world of high quality goods at bargain prices. Few people have known about these bargains to date, let alone how, when or where to bid for them. By using the power of the Internet to make direct connections between buyers and sellers, is offering you the chance to get on your bicycle and upgrade your wheels at great value prices.


Iron Horse 9.0 6.5 27 Speed Front Suspension Mountain Bike (opening price £800)

Rockhopper Comp silver/black 17 frame (opening price £225)

Stumpjumper M2 black or blue 18 frame (opening price £500)

Sniper BMZ (opening price £85)

Fatboy Vegas army green (opening price £100)

Iron Horse Victory 58cm 18 Speed Racing Bike (opening price £750)

6500 Trek red 19.5 frame (opening price £325)

TR30 blood red dirtBMX (opening price £150)

These are just a few examples of the great bargains on offer! Find more articles to bid for at rock bottom prices on

For further information please contact Sally Ryder-Taylor / Bruno Barba at Burson-Marsteller on 0171 831 6262 or alternatively call Ian Frater at CGU Insurance on 0171 662 8221.

Get on your blue cycle with

the web auction site with a difference

A new internet auction site,, is opening up a secret world of high quality goods at bargain prices. A huge range of items, previously accessible only to a small number of people in the know, will soon be available to UK internet shoppers nationwide, bidding from their own homes. is offering bargain hunters unique access to a wide variety of end of line retail goods and specialist collectors items, plus goods recovered by organisations such as insurance companies and police forces. Few people have known about these bargains, let alone how, when or where to bid for them. Now, anyone with access to the Internet can see exactly what is on offer, make a bid and, if they are successful, have their purchase delivered to their door.

By using the power of the Internet to make direct connections between buyers and sellers, will offer users great value prices. Bargain items available on the site include; brand new washing machines with a starting price of £100, second hand cars from one-third of the forecourt price, cameras that retail at £299 starting at £120.

Also available on the site will be a wide range of bicycles, including the following:

Iron Horse Victory 58cm 18 speed racing bike starting at £750, a Fatboy 415 Pro black BMX with a starting price of £200, Stumpjumpers starting at £500, Rockhoppers starting at £225 and an Iron Horse 27 speed front suspension mountain bike with a starting price of £800. is wholly owned by CGU, one of the UKs leading insurance companies. In addition to placing its own salvage items on the site, CGUs involvement will enable to provide buyers and sellers with real security and a hassle free shopping experience in this virtual warehouse. Safe payment and secure delivery are uniquely assured, by CGU, for all goods sold on the site.

In the tradition of CGU, a lead sponsor of National Neighbourhood Watch, is also e-commerce with an e-conscience: Every sale on the site will help to bring the benefits of the new economy into the reach of all, by fighting social exclusion and crime. will forego 1% of the value of all transactions on the site and donate it to an independent Trust Fund dedicated to reconnecting marginalised citizens, and particularly young people, with the mainstream of society and economic life. This will make our communities better, safer places to live.

Contacts: Bruno Barba 0171 300 6118

CGU Insurance Ian Frater 0171 662 8221


Many of the items on the site are traditionally sold at auctions. Very few people know that these auctions exist and those who are in the know are making a killing because these goods are sold for a fraction of their real value, often to be sold on again to members of the public with a large mark up. These auctions are not always advertised, even when they are they can be difficult to find and we know that many people find the atmosphere intimidating. Goods are often sold in bulk or in other ways which discourage individual purchasers.

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