Artprice and Escrow.com, two world leaders in their respective fields, announce their advanced partnership.

Artprice and Escrow.com, two world leaders in their respective fields, announce 
their advanced partnership. 
SAINT-ROMAIN AU MONT, FRANCE -- (Marketwired) -- 04/26/13 -- 
Artprice, the world leader in art market information has developed
for its Standardized Marketplace(R) enabling auctions (defined as an
"infrastructure"
under Article 5 of Law 2011-850 of 20 July 2011) a
process enabling the integration of the principal main leaders on the
global online escrow market,
Escrow.com and Transpact.com. 
Artprice is pleased to have jointly developed with its U.S. partner
and global
leader, Escrow.com, a Euro version that will greatly
facilitate the business of Artprice's European customers. The
exceptionally high level of confidence enjoyed by the two companies
has allowed them to build an online system that
represents, according
to thierry Ehrmann, Chairman and founder of Artprice, "the
future of
Internet transactions in the shape of a trusted third party
offering
escrow and release services.a challenge that no European
bank, including the
French banks, has been able to handle ..." 
"With this new version, Artprice will offer, as of the beginning of
May, a simple-to-use payment system in the European currency, with
extremely competitive trusted third party escrow rates and a level of
security substantially higher than that of the physical art market
where payment incidents are not so rare. It will not be long before
the numbers force the old
economy to recognize that Internet
transactions are much more secure than physical economy
transactions." 
"As marketplaces like Artprice, global leader on its market, continue
to expand
throughout the world the need for a global safe and secure
payment method expands with them." Says Escrow.com's President and
Managing Director, Brandon
Abbey. He continues, "We have been working
closely with Artprice in developing
our Euro currency offering and
believe this is a win-win-win-win scenario. The
buyer's funds are
protected until receipt of the art work, the seller's payment
is
secured, Artprice has the safest possible environment for their
customers and Escrow.com continues our global expansion." 
About Escrow.com 
Headquartered in Rancho Santa Margarita, CA (USA), Escrow.com has
pioneered the
process of online escrow services
. The Company, founded
in 1999 by Fidelity National Financial, has established itself as the
leading provider of secure
business and consumer transaction
management on the Internet. 
To date, Escrow.com has processed over $1.5 billion dollars in secure
transactions with nearly 50% of those involving an international
Buyer or Seller. 
About Artprice.com 
ARTPRICE has joined the prestigious SBF 120 index. The SBF 120 index
is composed
of the 120 largest French listed companies, including the
CAC 40 companies and
the country's 80 most liquid stocks.The current
liquidity of the Artprice share
is 3.83 million euros per day
calculated over 440 trading days (amounting to a total of EUR1.670
billion). 
Artprice is the global leader in databank on Artprices and indices
with more
than 27 million indices and auction results covering more
than 500,000 artists.
Artprice Images(R) offers unlimited access to
the largest Art Market resource in the world, a library of 108
million images or engravings of artworks from 1700
to the present day
along with comments by Artprice's art historians.
Artprice
permanently enriches its databanks with information from
4,500 international
auction houses and auctioneers and publishes a
constant flow of art market trends for the main news agencies and
6,300 international written media. For its 2.072 million members
(member log in), Artprice posts standardized adverts in
what is today
the world's leading Standardised Marketplace(R) for buying
and
selling works of art by private contract or at auctions
-regulated by French law alineas 2 et 3 de l'article L 321.3 du code
du commerce. 
Artprice is listed on Eurolist B SBF 120 by Euronext Paris (SRD long
only): Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF 
http://twitter.com/artpricedotcom 
Discover the Alchemy and the universe of Artprice
http://web.artprice.com/video,
which headquarters are the famous
Museum of Contemporary Art, the Abode of Chaos
http://goo.gl/zJssd 
Press Release (PDF): 
http://hugin.info/155852/R/1696869/559012.pdf 
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants
that: 
(i) the releases contained herein are protected by copyright and    
other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and     
originality of the information contained therein. 
Source: ARTPRICE COM via Thomson Reuters ONE 
[HUG#1696869] 
Contact: Josette Mey
tel: +33(0)478-220-000
e-mail: ir@artprice.com
 
 
Press spacebar to pause and continue. Press esc to stop.