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ADVISORY/Asset Recovery Corporation Announces First Online International Telecom Equipment Auction; Lucent and Other Brand Names to be Offered.


Business Editors

ADVISORY...

--(BUSINESS WIRE)

WHO: Asset Recovery Corporation (ARC), a leading provider of
    asset-channeling services

WHAT: Will conduct an online auction on behalf of Lucent Technologies
    International, Inc. of surplus equipment including:

--  GSM and wireless local loop (WLL) components
--  Electronic switching equipment
--  Installation and transmission equipment
--  Power distribution equipment
--  Towers
--  Cable and cable accessories
--  Data network gear
--  Tools and test sets

WHERE: Access the auction through ARC's Web site,
    www.arecoverycorp.com

WHEN: The auction will be held in 3 phases; August 27-29, September
    10-12 and September 24-26.


Headquartered in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, Asset Recovery Corporation (www.arecoverycorp.com) offers a wide range of disposition Act of disposing; transferring to the care or possession of another. The parting with, alienation of, or giving up of property. The final settlement of a matter and, with reference to decisions announced by a court, a judge's ruling is commonly referred to as disposition, regardless of  services including strategic liquidations and sales of complete or partial facilities, as well as fixed asset and inventory appraisals. Through its asset-channeling strategies, ARC arc, in electricity
arc, in electricity, highly luminous and intensely hot discharge of electricity between two electrodes. The arc was discovered early in the 19th cent. by the English scientist Sir Humphry Davy, who so named it because of its shape.
 helps businesses regain maximum value for under-performing and non-performing assets. The Company's creative solutions and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 have made it a leader in the asset disposition industry for over 13 years.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 6, 2001
Words:161
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