DoveBid® Launches Durable Medical Equipment Exchange Featuring Pfizer's Clinical Trial Medical Equipment

Business Wire, April 23, 2007

LOS ANGELES -- DoveBid, Inc., the leading global provider of capital asset auction and valuation services, announced today that it has expanded its auction exchange program to include an online Durable Medical Equipment Exchange (DMEX).

DoveBid's first Durable Medical Equipment Exchange (DMEX) online auction will be conducted May 2-3, 2007, from 12:00 am PDT until 5:00 pm PDT at http://www.dovebid.com and will feature clinical trial assets from pharmaceutical giant Pfizer. Assets include state-of-the-art laboratory equipment, X-ray systems, an ultrasound system, LDX analyzers, digital instruments, defibrillators, IVUS imaging systems, vital signs monitors, and much more.

DoveBid's Durable Medical Equipment Exchange enables companies to proactively address asset management challenges in real time. DoveBid offers both full-service and self-service disposition options, giving organizations the choice of an outsourced turnkey solution or self-load web tools to sell surplus assets online from anywhere in the world. DoveBid provides extensive marketing services as well as access to resources through its offices worldwide, helping clients sell their surplus equipment without the listing fees required by other online auction sites.

Sellers can consign assets into the DoveBid Medical Equipment Exchange by contacting the company or visiting DoveBid's website. Participants may bid online, review detailed asset descriptions, equipment catalogs, and online bidding instructions at http://www.dovebid.com/.> About DoveBid

DoveBid, Inc. is the leading global provider of capital asset management and valuation services. DoveBid delivers a turnkey, outsourced set of solutions to corporations and financial institutions for the valuation, redeployment, and disposition of capital assets. The Company provides strategic insight and valuation services for financial reporting, tax, secured lending, and planning purposes. Headquartered in Los Angeles, California, USA, DoveBid has over 69 years of industrial capital asset management expertise with associates in 37 offices and 20 countries.

Additional information on DoveBid can be found at http://www.dovebid.com/ or by contacting the company directly at 800-665-1042 or 310-775-6700.

DoveBid and the DoveBid logo are registered trademarks of DoveBid, Inc.