Penton’s New EquipmentWatch Verification App Offers Immediate Serial Number/VIN Verification

 In Press

Available for both Android and iOS devices, subscription-based service saves time and avoids costs associated with inaccurate or misrepresented model year identification.  

Atlanta, Ga – (September 20, 2016) Penton’s EquipmentWatch, the world's leader in data, software and insights for the heavy equipment industry, has launched the new EquipmentWatch Verification mobile app that provides immediate serial number and VIN verification for heavy equipment and on-road trucks in the auction and resale markets. Available for both Android and iOS devices, the new app gives dealers, appraisers and inspectors a trusted resource for verifying the year of manufacture of an asset.

“Much of an asset’s value is predicated on the fact that the information being presented in the sales process is accurate,” says Garrett Schemmel, vice president & market leader, EquipmentWatch. “A slight discrepancy can change the value of an asset by thousands of dollars. The new EquipmentWatch Verification app puts that verification in the hands of the field appraiser and saves hours in paperwork and administrative time on the back-end of the acquisition process.”

The app is free for download, but is subscription-activated through the new Asset Inspection Plan which also includes access to the web-based interface that allows for more comprehensive asset data, including marketplace activity, location-on-asset and manufacturer notes, and detailed specs. This is all powered by the industry’s most expansive database of historical equipment information and complements a portfolio of subscription-based products and services that provide extensive equipment valuations, industry trends and market intelligence. For more information, visit EquipmentWatch.com.

About EquipmentWatch

EquipmentWatch is the trusted source for heavy equipment data and intelligence. EquipmentWatch produces the leading database information products for the construction equipment industry and is the world leader in heavy construction research and serves more than 15,000 professional, high-volume users of construction and lift-truck data. Our products are valuable tools in decisions surrounding the purchase, valuation, operation, and disposal of equipment.

For nearly 50 years, EquipmentWatch has served contractors, equipment manufacturers, dealers, rental companies, lenders and insurers, and government agencies involved in heavy civil construction.

About Penton

Penton is an innovative information services company that empowers 20 million business decision makers in markets that drive more than 12 trillion dollars in purchases each year. Our products inform with rich industry insights and workflow tools; engage through dynamic events, education and networking; and advance business with powerful marketing services programs. Penton is the way smart businesses buy, sell and grow.

Headquartered in New York, Penton is privately owned by MidOcean Partners and Wasserstein & Co., LP. For more information, visit http://www.penton.com or follow us on Twitter @PentonNow.

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Media Contact:

Gregory Lutz
EquipmentWatch
770 618 0132
greg.lutz@penton.com

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