Cargill Selects DoveBid for Global Asset Management and Disposition Services Program.Business Editors/High-Tech Writers FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb. 5, 2004 DoveBid DoveBid is a valuation and auction firm originally founded in 1937. It is headquartered in Los Angeles, California with offices worldwide. Dovebid is a preferred service provider for the top asset based finance institutions providing appraisal services of Machinery and Equipement, (R), Inc., a global provider of capital asset auction and valuation services, announced today that it has been selected by Cargill, Incorporated as its primary strategic supplier for asset disposition and redeployment re·de·ploy tr.v. re·de·ployed, re·de·ploy·ing, re·de·ploys 1. To move (military forces) from one combat zone to another. 2. services worldwide. Cargill signed a three-year contract with DoveBid to provide capital asset management and remarketing services to all Cargill locations globally. "We are pleased to be integrating DoveBid's complete Surplus Asset Management Program within Cargill's global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. , including our AssetZone suite of asset management tools, to provide a cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. solution to identify, redeploy re·de·ploy tr.v. re·de·ployed, re·de·ploy·ing, re·de·ploys 1. To move (military forces) from one combat zone to another. 2. and remarket surplus capital assets capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account) ," said David Gigerich, President, DoveBid Managed Services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality . "Having one of the world's leading agricultural and food companies select DoveBid is a true testament to the success of DoveBid Managed Services capabilities." "Our partnership with DoveBid is key to Cargill's ongoing efforts to maximize our investment recovery," said Doug Jensen, Senior Sourcing Manager, Cargill. "We're counting on DoveBid's demonstrated experience in asset management and disposal, as well as its investment recovery expertise, to help us strategically identify, redeploy, and dispose of dis·pose v. dis·posed, dis·pos·ing, dis·pos·es v.tr. 1. To place or set in a particular order; arrange. 2. surplus assets, by way of its multiple disposal channels." About DoveBid(R) DoveBid, Inc. is a global provider of capital asset auction and valuation services to large corporations and financial institutions. DoveBid delivers an integrated set of services to its customers for the disposition, valuation and redeployment of their surplus capital assets. DoveBid offers an array of auction services to meet its customers' specific needs, including live Webcast auctions, on-site-only auctions, featured online auctions and privately negotiated sales. DoveBid Managed Services offers clients a hosted, Internet-based application to monitor surplus assets inside the corporation. DoveBid Valuation Services uses its database of transaction information to provide valuations of capital assets for financial institutions and large businesses. Headquartered in Foster City, Calif., DoveBid has over 65 years of auction experience in the capital asset industry with more than 40 locations throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and the Asia-Pacific region. More information on DoveBid can be found at www.dovebid.com or by contacting company headquarters at 800-665-1042 or 650-571-7400. DoveBid and the DoveBid logo are registered trademarks of DoveBid, Inc. About Cargill, Incorporated Cargill, Incorporated is an international marketer, processor and distributor of agricultural, food, financial and industrial products and services with 98,000 employees in 61 countries. The company provides distinctive customer solutions in supply chain management, food applications, and health and nutrition. |
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