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Artfact Live! Offers Complimentary Access to Art, Antiques and Collectibles Price Results

BOSTON, May 2 PRNewswire — Artfact.com has the largest and most comprehensive database of fine art antiques and collectibles auction price results in the world, and has recently surpassed 30 million auction results representing more than $90 billion in value.

Now, as part of its launch of Artfact Live!, Artfact.com is offering complimentary access to the past year of auction prices, giving buyers the research they need to make informed bids. Artfact Live! is a next-generation online marketplace where collectors can search and view complete upcoming catalogs from the world's 1,000 leading auction houses, and bid live online at thousands of auctions with hundreds of thousands of lots available each month across the globe.

Artfact.com (and its U.K. sister site Invaluable.com) is the largest global resource for fine and decorative arts, antiques, collectibles, and estate auctions, connecting the world's leading auction houses with a community of the 6 million most active buyers of fine art, antiques, and collectibles.

Focusing exclusively on the fine art, antiques, and collectibles market, in the first quarter of 2008, Artfact.com listed over 1,000,000 lots for sale at upcoming auctions including Artcuriel, Dorotheum, Doyle New York, Gorringes, Galerie Koller, Leslie Hindman, Lyon & Turnbull, Spink, Swann Galleries, Tajan, Weschler's and other prestigious auction houses worldwide. Artfact.com also includes hundreds of smaller licensed auctioneers offering the widest possible range of collectibles, coins, stamps, sports memorabilia, cars, wine, and more — literally everything sold through traditional auction houses.

Complimentary Artfact Live! registration offers users a year of unlimited access to the last 12 months of auction results, representing over $10 billion in realized prices. The Artfact database contains the complete auction record, including the full description and any available photographs, condition reports, and provenance.

Artfact Live! registration also offers other complimentary benefits including the ability to save favorite searches, results and artists in a "My Artfact" account; the ability to email lot information to friends and clients; and the Artfact.com weekly newsletter by Jonathan L. Fairbanks, Vice President of Research and Curator Emeritus, MFA, Boston.

The complete Artfact database, subscribed to by leading collectors, dealers, auctioneers, appraisers, museums, libraries and government agencies worldwide now represents over 30 million lots representing over $90 billion in value. The database spans a period of more than 20 years and includes works by over 500,000 international artists.

"Artfact is the only online resource that collectors need to find, research and acquire what they are seeking," comments Adam Kirsch, Chairman of Artfact. Rod Funston, President of Artfact adds, "eBay's recent decision to pull out of the live auction market underscores the need for a focused community of reputable auction houses and qualified buyers. Artfact Live! fosters that kind of community."

For more information, or for complimentary Artfact Live! registration, visit the web site at http://www.Artfact.com.

Background:

Founded in 1989, Artfact.com is the largest global marketplace of fine and decorative arts, antiques, collectibles, and estate auctions. The complete Artfact.com database, subscribed to by professionals, appraisers, museums and others worldwide now represents over 30 million lots representing about $90 billion in unabridged auction results including works by over 500,000 international artists. Over 1,000 fine auctioneers actively list their catalogues with Artfact.com and its U.K. sister site Invaluable.com, resulting in more than 100,000 fine and decorative art objects and collectibles for sale at upcoming auctions daily.

Recently, Artfact announced its launch of Artfact Live! which includes live online bidding with audio and video. Over the past 20 years, the Artfact community has grown to more than 6 million knowledgeable collectors and dealers worldwide. The Artfact.com and Invaluable.com websites receive more than 20,000 visits daily, and sent their users more than 35 million email alerts in 2007 matching bidders' collecting preferences with lots available for sale by its auction house partners.

Artfact's RFC Systems software manages the entire business of prestigious auction houses in seven countries and four languages, including Artcurial, Charlton Hall, Doyle New York, Eldred's, Gorringes, Galerie Koller, Leslie Hindman, Lyon & Turnbull, Spink, Swann Galleries, Tajan, and Weschler's.

In 2007, Artfact purchased Invaluable.com, the leading provider of auction marketing services and databases to the United Kingdom market. Today, the Invaluable team on the Isle of Wight continues to provide U.K. clients with industry-leading service and support.

SOURCE Artfact.com

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