EcommerceBytes-NewsFlash, Number 954 - February 15, 2005 - ISSN 1539-5065 4 of 7

cMarket Succeeds in Online Auction Fundraising Niche

By Ina Steiner
EcommerceBytes.com
February 15, 2005

cMarket, a leading provider of online fundraising auctions, announced it has signed more than 400 organizations since it began doing business in late 2003, including many at the national and chapter level, and has managed over 400 online fundraising auctions. The company also said former senator Bill Bradley has joined its National Advisory Board in the role of Chairman.

cMarket said nonprofit organizations in all of the major fundraising centers across North America, including Boston, New York, Washington D.C., Miami, Chicago, Seattle, and San Francisco, are using cMarket's services, with strong adoption among organizations in the health and human services, arts and culture, faith-based, animal rights and services, and public service disciplines.

cMarket CEO Jon Carson cited several strategic developments that point to sustained momentum:

cMarket formed partnership agreements with key fundraising software providers, including Auctionpay, Convio, GetActive, Powers Events and Schoolpop.
In 2004, cMarket filed seven U.S. and international patent applications for intellectual property associated with online fundraising services. In 2005, the company intends to file seven to eight additional patents.
Former Senator Bill Bradley, an outspoken advocate for the use of technology in improving the efficiency of non-profit fundraising, has been named Chairman of cMarket's National Advisory Board.

http://www.cmarket.com

About the author: Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

You may quote up to 50 words of any article on the condition that you attribute the article to EcommerceBytes.com and either link to the original article or to www.EcommerceBytes.com.
All other use is prohibited.