Hilco Streambank Completes 1st Online IP Address Auction on IPv4Auctions.com

Hilco Global

NEW YORK, March 3, 2014 (GLOBE NEWSWIRE) -- Hilco Streambank is pleased to announce the successful completion of its first online auction of IP addresses on IPv4Auctions.com. Registered bidders from around the world were able to place bids and watch the auctions in real-time. Address blocks sold at prices ranging from $7.25 per address for a /17 block (32,768 addresses) to $24.32 per address for a /24 block (256 addresses). All detailed prices can be seen here.

IPv4Auctions.com officially launched on February 17th, 2014 and has received consistent customer registration and bids throughout the duration of the 10 day auction. There were numerous participants and active bidding. One of the auctions had 33 rounds of bidding before its close. "It was certainly exciting to watch bidders from around the world participating in real time on our platform, and I'm sure they took great comfort in the transparency provided to them throughout the process." said Gabe Fried, CEO at Hilco Streambank. All final bid prices are being displayed on the homepage to maintain the transparency of sales.

IPv4Auctions.com has immediate plans for its next auction; listing IPv4 address blocks in sizes from /24s up to /17s, registered in ARIN, APNIC and RIPE. Transfers facilitated through IPv4Auctions.com are subject to Regional Internet Registry approval.

Hilco Streambank is offering IPv4Auctions.com for small and medium sized IPv4 transaction as a complement to its IPv4 address brokering services. For those parties with larger or more complex needs, Hilco Streambank will continue brokering private transactions in all three regions.

About Hilco Streambank

Hilco Streambank, a market leading advisory firm in the intellectual property disposition and valuation space, over the last three years has become a market leader in the IPv4 transfer market. Having completed numerous transactions in ARIN, APNIC and RIPE, including sales in publicly reported Chapter 11 bankruptcy cases as well as private transactions, Hilco Streambank has established itself in the internet and telecom community as a responsible and effective intermediary in the space.

Parties interested in listing their IPv4 blocks on IPv4Auctions.com, or registering to bid in the next set of auctions, to be announced shortly, should contact Hilco Streambank through the website at www.ipv4auctions.com or by phone in its New York or Needham offices:

Amy Potter
Hilco Streambank
Jack Hazan
Executive Vice President
Hilco Streambank
Dmitriy Chemlin
Hilco Streambank

Follow @IPv4Auctions on Twitter

CONTACT: Amy Potter Director Hilco Streambank (212)610-5679 apotter@hilcoglobal.com

Source: Hilco Global