Video interviews of WWA Group, Inc.'s Eric Montandon, Chairman and CEO and Chris Bettinson, Director and General Manager, WWA Rental Division Click here to View

WWA holds fully unreserved auctions mainly for consigned equipment, with no minimum bids, seller bids, or reserve prices, assuring buyers and sellers that their equipment is traded at fair market value. WWA strives to provide the finest service in the Industrial Auction business.

WWA Group has auctioned over $675 million dollars worth of vehicles and equipment from its Dubai facilities since early 2001. The equipment auctioned in Dubai was comprised of 47,500 items from 5,000 consignors that were sold to over 7,400 bidders. WWA Group controls a market share of over 65% of all industrial equipment auction sales concluded in Dubai in 2005, 2006 and 2007, and the market is projected to continue to grow.

              

The Company has operated auctions for its franchise and joint venture partners in other dynamic markets around the world. Equipment worth over $204 Million has been auctioned at these associated facilities since 2001. Further international expansion through franchise joint ventures and acquisition is planned in the future.

WWA sells more second hand construction equipment to more people than any other organization in the GGC countries of the Arabian Gulf. The Company plans to expand its auction and private equipment sales business into other GCC countries, and subsequently leverage the valuable resources collected from this business into other related businesses.

Part of this expansion plan includes:

• WWA’s recent acquisition of an equipment shipping business in the Gulf Region
• Participation in long term joint venture with contracts for disposal of U.S. Military equipment at overseas bases
• A recent investment in a heavy equipment and mining/earthmoving management business
• The establishment of a new equipment sales division that holds exclusive distributorships for popular Japanese made truck cranes and mobile offices

WWA is projecting significant growth in its asset base, revenues and profits in the period 2006 – 2015 from this expansion program.