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HelicopterBuyer, Inc. announced today that it is conducting a first of its kind closed bid auction for a new production 2009 Bell 206 L4 helicopter. Mark V. Clancy, president and CEO of HelicopterBuyer, stated “Given the current economic climate, we are looking for innovative ways to stimulate the market. As far as we know, this is the first helicopter to be auctioned by a broker/dealer and likely the first for a new production helicopter.” The auction closes Friday, December 4, 2009

The helicopter is under exclusive brokerage agreement to market and re-sell for a client. Clancy commented, “The reserve selling price for the helicopter is well below the 2009 OEM list price and anyone seeking an exceptional opportunity for a new Bell 206 L4 is encouraged to participate in the auction.” The helicopter’s configuration and details of the closed bid auction are available at: www.HelicopterBuyer.com.

HelicopterBuyer, Inc. is an international dealer and client agent of civil turbine helicopters. For more than 10 years, the company has been exclusively representing clients of civil turbine helicopters and procuring helicopters for dealer inventory resale. The company focuses on medium twins and high performance singles in the offshore, utility and EMS markets.