Monday, February 27, 2012

GoIndustry DoveBid to Conduct an Online Auction for Technicolor

OWINGS MILLS, MD, February 27, 2012 – GoIndustry DoveBid (LSE: GOI), a leading provider of asset management services, announced that it will conduct an online auction of a late model CNC & tool & die facility for precision prototype design.

The online auction will be conducted over the Internet at GoIndustry DoveBid’s Website beginning on Wednesday, March 21st at 9:00 AM Pacific Daylight Time and ending on Thursday, March 22nd. This auction features a large offering of Machine Tools and Prototype Design Equipment, including a 2010 Mori Seiki Accumill 4000 3-Axis CNC Vertical Machining Center, a 2010 Objet Connex500 Multi Material 3D Printing System, a 2010 Beam Dynamics LMC-8000 4’ x 4’ Laser Machining Center with Coherent 400W Laser and a 2010 Flow 016670-3 Waterjet Cutter and more. A preview of the assets will take place by on Wednesday, March 21st, 2012 from 9:00 AM to 4:00 PM PDT or by appointment.

Detailed preview information, asset catalog, and bidding instructions are available at http://www.go-dove.com/event-16339

For a complete list of our upcoming auctions and equipment asset catalogs with photos, please visit GoIndustry DoveBid’s Website at www.Go-Dove.com

About GoIndustry DoveBid

GoIndustry DoveBid is the global leader in asset management, auction and valuation services relating to industrial equipment. Combining asset, industry and market intelligence with e-commerce technology, the company services multi-national corporations, financial institutions, insolvency practitioners, used equipment dealers and asset-based lenders throughout the world.

GoIndustry DoveBid approaches the market with three distinct advantages. The first is significant global reach to provide these services wherever they are needed. The second is most of GoIndustry DoveBid’s business is online, making it more efficient and convenient for both buyers and sellers whether it’s for a single piece of equipment or a whole production line. The third is unsurpassed knowledge of the market across multiple industry sectors. Since 2000, GoIndustry DoveBid has collected information gathered from auctions all over the world and leverages this rich data on a daily basis through accurate valuations and appraisals for the benefit of all its customers. For further information, please visit www.go-dove.com.

Contacts

GoIndustry DoveBid

Scott Sarasin

Vice President of Marketing

+1 248 359 1309

scott.sarasin@go-dove.com

www.go-dove.com

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