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DoveBid to Conduct Webcast Auction of Fixed Assets for Napster, Inc.


Business Editors/High-Tech Writers

FOSTER CITY, Calif.--(BUSINESS WIRE)--Nov. 21, 2002

DoveBid(R), Inc., a global provider of capital asset auction and valuation services, today announced it will conduct a Webcast auction of fixed assets fixed assets nplactivo sg fijo

fixed assets nplimmobilisations fpl

fixed assets fix npl
 for Napster, Inc., the Internet music service provider that filed for Chapter 11 bankruptcy in June 2002. Napster's intellectual property is excluded from this sale and is being sold to a buyer under a different and unrelated transaction.

The Webcast auction will be held on December 11, 2002 beginning at 9:00 a.m. Pacific Standard Time at The Marriott in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. . The sale will include IT equipment, computers, and Napster memorabilia. Featured assets include Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation).
Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006.
 switches, routers and firewalls, VA Linux servers, Network Appliance (1) A specialized device for use on a network. For example, Web servers, cache servers and file servers can be implemented as general-purpose computers with the appropriate software or as network appliances, which are computers dedicated to a single function and cannot do anything  servers, desktops, notebook computers, monitors and printers by Apple, Dell and Hewlett-Packard, and hundreds of Napster memorabilia items including shirts, hats and jackets.

Participants may attend in-person or bid online by registering at www.dovebid.com. Detailed preview information, asset catalog, and online bidding instructions are available at www.dovebid.com.

There are an additional 100+ upcoming auctions on DoveBid's auction calendar. For a complete list of auctions, equipment asset catalogs, and brochures, please visit DoveBid's Web site at www.dovebid.com.

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 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.
 of their surplus capital assets capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account) . 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 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  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, California
This article is about the town in California. For the unincorporated community in Michigan, see Breen Township, Michigan.
Foster City is an affluent planned city located in San Mateo County, California.
, DoveBid has over 65 years of auction experience in the capital asset industry with more than 40 locations throughout North America, Europe and the Asia-Pacific region. More information on DoveBid can be found at http://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.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 21, 2002
Words:377
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