Thomas Industries utilizes various auction formats in conducting sales throughout the world. The sale type for each project is identified on the auction calendar and on the auction information page.

ONLINE AUCTIONS

Registration – From the main auction page of the auction you wish to register, simply click the link for “View Lot Catalog” or “Register For This Auction”. This will bring you into the Lot Catalog / Online Bidding portion of the website. Returning Users that already have an account with Thomas Industries/Auctionflex may enter their User Name and Password to Login. New Users should click the link “New Bidder” and create an account. Fill out the registration form and follow the onscreen instructions. Once you have created an account you can Log In.

Bidder Tools – On the left side of the screen users will have Bidder Tools. Using these tools you can find the auction you wish to participate, find the item you wish to bid on, and submit bids.

Staggered Lot Closing Times – The lots for each auction are typically scheduled with staggered lot closing times (either 30 seconds or 60 seconds apart).

Soft Closing Times / Auto Extend – If a bid is placed on an item with less than 3 minutes remaining on the count down time, the timer will be extended by 3 minutes. This enables everyone to get there bids in and eliminates that last minute bidding frenzy.

Monitor Bids – Users may quickly monitor all bids they have placed by using the “Current Bids” link on the tool bar on the left side of the screen.

Invoicing – Upon completion of the sale invoices processed and submitted to the buyers with complete payment & removal information.

LIVE ONSITE & WEBCAST AUCTIONS

Onsite buyers should register on the morning of the sale at the auction site. Webcast bidders may register on the website by clicking on the Register Now button on the auction page. Users will be directed to the Bidspotter.com where they will need to create an account and register for the auction they wish to participate.

At the posted start time of the auction bidders should click the Join Webcast link on the main auction page which will take them to the Bidspotter.com auction page, and then click the Bid Now button to join the auction interface.

During the Live auction you can competitively place bids against other Internet bidders as well as bidders on the auction house floor. Bidding is simple! You will see the bidding activity on your computer screen and if you wish to bid the auctioneer’s “ask” amount, simply click the White Bid Bar located directly above the image of the lot being sold on the black side of your Real time Bidding Interface!