iPai is a subsidiary of Auction Systems Auctioneers & Appraisers, Inc., which is headquartered in Phoenix, Arizona, USA.Auction Systems was launched in October 1995 and has since then been conducting off-site, on-site and online auctions. Specializing in property valuation and liquidation, Auction Systems has become the leading auction and appraisal company in the USA. The formation of iPai represents a major diversification for Auction Systems, towards a more contemporary and consumer-focused market. It is through this move that iPai is today able to offer its auction services to a broad range of business and individuals looking to buy and sell goods via the unique and profitable method of marketing that is auction.Through its use of 'Simulcast auctions', iPai creates an auction room that can reach across the world. Combining the excitement of live auction with a worldwide reach allows iPai to provide its clients with the best chance of achieving the highest return on investment, or 'ROI', for their goods.