DoveBid, Inc. - WORLDWIDE BIDDERS COMPETE FOR PACKAGING AND PROCESSING EQUIPMENT AT DOVEBID® ONLINE AUCTION

LOS ANGELES, CA (October 31, 2007) - DoveBid, Inc., the arch all-around provider of basic asset arrangement and appraisal services, appear today that its additional Packaging and Processing Exchange (PPX#2) online arrangement auspiciously concluded with absolute gain in balance of USD $700,000.

"This new Packaging and Processing Exchange was launched in September and both the aboriginal and additional sales surpassed our estimated proceeds. This is addition accomplished archetype of how DoveBid utilizes its all-around admirers arrangement to abutment companies’ efforts to actuate their surplus assets that are amid about the world," said Tom Conwell, Vice President for DoveBid’s Packaging and Processing Group.
The Packaging and Processing Exchange (PPX#2) online arrangement absolute over 500 lots of surplus assets slated for auction from above all-around companies in BioPharma, Food, Beverage, Cosmetic, Nutraceutical, and added industries. DoveBid Marketing Services created and launched a all-around business attack in assorted languages, breeding over 12,000 page angle and about 160 registered bidders from about the world. Buyers originated from Australia, Canada, Colombia, France, Mexico, Netherlands, Russia, Spain, Switzerland, United States, and abounding added countries.
DoveBid's third Packaging and Processing Exchange (PPX#3) online arrangement will be conducted November 28 - 29, 2007, from 1:00am PST until 6:00pm PST at www.dovebid.com and will affection surplus accessories from North America and Europe apery Procter and Gamble, Pfizer, Eli Lilly, Pepsi Co., Pepsi Bottling Group, and added all-around companies. Assets cover Kettles, Tanks, Agitators, Heat Exchangers, Pumps, Mills, Powder Blenders, Centrifuges, Ovens, Fryers, Presses, Filters, Sifters, Homogenizers, Fillers, Cappers, Labelers, Cartoners, Case Packers, Case Sealers, Check Weighers, Conveyors, Palletizers, Tablet Presses, Coders, Flexible Bagging Equipment, and abundant more.

About DoveBid
DoveBid, Inc. is the arch all-around provider of basic asset administration and appraisal services. DoveBid delivers a turnkey, outsourced set of solutions to corporations and banking institutions for the valuation, redeployment and disposition of basic assets. The Company provides cardinal acumen and appraisal casework for banking reporting, tax, anchored lending and planning purposes. Headquartered in Los Angeles, California, USA, DoveBid has over 69 years of automated basic asset administration ability with assembly in 37 offices and 20 countries.

Additional advice on DoveBid can be begin at www.dovebid.com/ or by contacting the aggregation anon at (800) 665-1042 or (310) 775-6700.

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

# # #

DoveBid Contacts:

North America
Tom Conwell
Vice President
DoveBid, Inc.
200 Corporate Pointe, Suite 300
Culver City, CA 90230
P +1.800.665.1042
F +1.310.775.6800

Europe
Chris Matthews
Director Operations UK & Ireland
DoveBid UK Limited
Kingston House
3 Southbank, Thames Ditton
Surrey, KT7 0UD
United Kingdom
P +44 (0) 87 0240 5176
F +44 (0) 87 0240 5178

DoveBid, Inc.
200 Corporate Pointe, Suite 300
Culver City, CA 90230
1.800.665.1042

DoveBid, Inc. is the arch all-around provider of basic asset administration and appraisal services.