June 23, 2000 - Virginia Beach, Virginia - Rather than split their Top Performer of the Year Award, Tranzon, an auction marketing firm, has put two Tranzon affiliates in BMW's.

The firm's 1999 awards were presented at a recent sales meeting to Walter J. Driggers III, of Hernando, Florida, and Stephen A. Jax of Greenville, South Carolina. " Walt and Steve worked together to make our largest multi-property auction last year our most successful,and it was our pleasure to recognize them both in this way," stated Steven I. Fox, Regional President of Tranzon. "These guys haven't starred in any movies yet, but they sure look good in those BMW's."

Driggers holds the distinguished Certified Auctioneers Institute (CAI) and the Accredited Auctioneer of Real Estate (AARE) designations, and received the 1999 Richard W.DeWees Award from the National Association of Realtors (NAR) in recognition of his meritorious service to the REALTORS® organization. Jax is licensed auctioneer and real estate broker in South Carolina, North Carolina and Georgia and auctioneer in Indiana. He also holds the AARE designation.

Tranzon Fox is a professional asset advisory management and recovery firm specializing in real estate and commercial and industrial business assets. The company provides public auctions, asset management, appraisals and sealed bid sales to corporations,attorneys, financial institutions, government agencies, developers and private owners throughout the United States.

Tranzon Fox is headquartered in Virginia Beach, Virginia, and has recently joined with five other affiliates to form Tranzon. Tranzon can be found on the Web at www.tranzon.com