DoveBid Announces Record Participation in Webcast Auctions.Business Editors/High-Tech Writers FOSTER CITY, Calif.--(BUSINESS WIRE)--Nov. 5, 2001 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, , Inc., the leader in Webcast industrial auctions, valuation services, and other capital asset disposition services for the Global 4000, reports a record number of Webcast participants in its auction for the Webvan Webvan was an online "credit and delivery" grocery business that went bankrupt in 2001. It was headquartered in Foster City, California, USA, near Silicon Valley. It delivered products to customers' homes within a 30-minute window of their choosing. Group, Inc. on October October: see month. 30-31st. Almost 5,000 bidders were online and approximately 900 bidders on the auction floor, representing a 10,000% increase in Webcast bidders compared to our first Webcast auction for Raytheon Raytheon Company (NYSE: RTN) is a major American defense contractor and industrial corporation with core manufacturing concentrations in defense systems and defense and commercial electronics. in January January: see month. of 2000. One week earlier, DoveBid conducted the largest Webcast auction for Xerox (Xerox Corporation, Stamford, CT, www.xerox.com) A major manufacturer of analog and digital copy machines, computer printers and document management systems. Corporate headquarters are in Stamford, CT, while manufacturing and marketing is in Rochester, NY. with over 15,000 items from eleven locations worldwide in a five-day sale. To date, DoveBid has seen bidders log on from all 50 states and 28 countries worldwide. DoveBid webcasts real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. auctions live over the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the at http://www.dovebid.com and conducts featured online auctions and on-location auctions. View over 100 auctions on DoveBid's auction calendar at http://www.dovebid.com. Surplus asset sales and auctions scheduled for NOVEMBER include:
-- 11/01/01 OCLI -- Optical Coating Laboratory Limited,
Fife, Scotland UK
-- 11/01/01 MEMC Southwest Inc., Sherman, TX
-- 11/01/01 Protogene Laboratories, Inc., Menlo Park, CA
-- 11/01/01 DoveBid Rooms Sale, North Melbourne,
Vic. Australia
-- 11/03/01 C.V.B.S. BV, Rijen, The Netherlands
-- 11/06/01 Hitachi Consumer Products, Singapore
-- 11/08/01 Gateway Singapore Pte Ltd, Singapore
-- 11/08/01 Lakeshore Stamping Company, Inc.,
Chesterfield, MI
-- 11/12/01 Goldcraft Pty Ltd, Moorabbin, Vic. Australia
-- 11/13/01 B.V. Rubberfabriek Tirub, Vlaardingen,
The Netherlands
-- 11/13/01 Xerox Corporation, Dundalk, County Louth,
Ireland
-- 11/13/01 - 11/14/01 Laclede Steel Company, Alton, IL
-- 11/13/01 - 11/14/01 Oflex Technology Corp. (online only)
-- 11/13/01 - 11/15/01 Cable & Wireless UK (online only)
-- 11/14/01 Word of Net (Going on NOW until 11/14/01)
-- 11/14/01 - 11/15/01 Dot-Com Exchange 9, Dallas, TX
-- 11/14/01 - 11/16/01 Singapore Ministry of Law, Singapore
-- 11/15/01 Motorola Limited, Bathgate, Scotland UK
-- 11/27/01 - 11/28/01 John Brown Engineering, Scotland UK
-- 11/27/01 Freeland Manufacturing Company, Detroit, MI
-- 11/28/01 Decorative Surfaces International,
Columbus, OH
-- 11/28/01 Solectron Georgia Corporation, Suwanee, GA
-- 11/28/01 Wisne Automation, Novi, MI
-- 11/28/01 - 11/29/01 3M (online only)
-- 11/29/01 Custom Design Services, Inc., Danbury, CT
-- 11/29/01 Headway Technologies, Inc., (online only)
-- 11/29/01 Lockheed Martin Aerostructures (online only)
How: To participate, you may attend in-person at the location
indicated or bid online. Register at http://www.dovebid.com.
About DoveBid(R) DoveBid, Inc. is a leader in Webcast industrial auctions and valuation services for Global 4000 businesses. DoveBid has conducted over 5,000 of industry-specific auctions valued at over $5 billion of assets. DoveBid's asset disposition services include live Webcast auctions, featured online auctions and a corporate marketplace. DoveBid Valuation Services is one of the world's largest capital asset appraisal companies, with the industry's largest valuation database and real market data. DoveBid focuses on 19 categories of capital assets capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account) and has more than 20 offices 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 http://www.dovebid.com or by contacting company headquarters in Foster City, California
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