Press Release

DOVEBID® TO CONDUCT ONLINE AUCTION FOR BEST LAB DEALS

Los Angeles, CA (November 27, 2007) - DoveBid, Inc., the leading global provider of capital asset auction and valuation services, announced today that it will conduct a multi-million dollar lab equipment inventory reduction sale via a featured online auction (FOA) for Best Lab Deals. Located in Garner, North Carolina, Best Lab Deals is a provider of laboratory equipment and supplies for the biotech, pharmaceutical, healthcare, and food industries.

The online auction will be conducted beginning December 12, 2007 at 9:00 am EST and will end December 14, 2007 at 8:00 pm EST. On-site previews of the assets are by appointment only. Featured items in this sale will include Analyzers, Baths, Centrifuges, Dryers, Electrophoresis, Evaporators, Filters, Microscopes, Mills, Pipettes, Pumps, Refractometers, Refrigerators/ Freezers, Spectrophotometers, and much more. Detailed preview information, asset catalog, and online bidding instructions are available at DoveBid's website http://www.dovebid.com.

"Due to our rapid growth through a new business acquisition, we are reducing our excess inventories. DoveBid's online auction will support our efforts to dispose of our Demo, overstock, and ding dent new surplus assets to make room for more products as well as added servicing capabilities. This sale is a unique, one-shot opportunity for Universities, start up Laboratories, and others in the industry to meet their lab equipment needs" stated Vance Moore III, President of Best Lab Deals.

About DoveBid
DoveBid, Inc. is the leading global provider of capital asset management and valuation services. DoveBid delivers a turnkey, outsourced set of solutions to corporations and financial institutions for the valuation, redeployment and disposition of capital assets. The Company provides strategic insight and valuation services for financial reporting, tax, secured lending and planning purposes. Headquartered in Los Angeles, California, USA, DoveBid has over 69 years of industrial capital asset management expertise with associates in 37 offices and 20 countries.

Additional information on DoveBid can be found at www.dovebid.com or by contacting the company directly at (800) 665 1042 or (310) 775 6700.

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

# # #

DoveBid Contacts:

North America
Nick Jimenez
Vice President
E njimenez@dovebid.com
P +1.860.354.9928
F +1.860.354.4794