Attached files
Exhibit 99.1
March 1, 2010
PRIVATE AND CONFIDENTIAL
Manfredi & Associates, Inc.
20934 Lakeview Parkway
Mundelein, IL 60060
Re: Consent to Use of Data
20934 Lakeview Parkway
Mundelein, IL 60060
Re: Consent to Use of Data
Dear Sir or Madam:
IronPlanet, Inc. (IronPlanet) is contemplating an initial public offering of its Common
Stock. In connection with this offering, IronPlanet proposes to file a Form S-1 registration
statement (Registration Statement) with the Securities and Exchange Commission (SEC).
We request your consent to cite, in the Registration Statement and all amendments thereto,
certain financial and statistical data contained in your report titled, An Analysis of the
Worldwide Potential For Equipment Auctions which you have prepared at our request. Furthermore,
given the wide recognition of Manfredi & Associates, Inc. (Manfredi) as a market research firm
that specializes in the heavy equipment industry and an industry analyst, we also request to cite
Manfredi as the source of such information. We also request your permission to file this consent as
an exhibit to our Registration Statement.
If this is acceptable, please indicate your consent to our use of the data and statistics by
countersigning this letter. Please email or fax the signed consent to
me at (925) 225-8610 and return the original via regular mail to IronPlanets legal counsel,
Orrick, Herrington & Sutcliffe LLP, 405 Howard Street, San Francisco, CA 94105, Attention: Sirena
Roberts. Please call the undersigned at (925) 225-8800 or Karen Dempsey or Sirena Roberts of
Orrick, Herrington & Sutcliffe LLP at (415) 773-5700 with any questions you may have. Given the
urgency of this request, your prompt attention to this matter is much appreciated.
Please note that IronPlanet has not made any public announcement of the proposed public
offering and appreciates your maintaining the confidentiality of the subject matter of this letter.
In order to not jeopardize the offering, it is critical that you keep confidential IronPlanets
plans with the respect to its initial public offering. Accordingly, please do not discuss the
offering with third parties.
CONSENT GRANTED: | Sincerely, | |||||||||
MANFREDI & ASSOCIATES | IRONPLANET, INC. | |||||||||
By: | /s/ Frank Manfredi | /s/ Michael ODonnell | ||||||||
Name: Title: |
Frank Manfredi President |
Michael ODonnell, Senior Vice
President and Chief Financial Officer |
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Date: | 3-12-2010 | Date: 3-12-2010 |