Press Release

DOVEBID® TO CONDUCT WEBCAST AUCTION FOR RUBBERMAID DE MEXICO S.A. DE C.V.

FOSTER CITY, CA (February 9, 2005) - DoveBid Mexico, S.A. de C.V., a global provider of capital asset auction and valuation services, announced today that it will conduct a Webcast auction by order of Rubbermaid de Mexico S.A. de C.V. of the complete liquidation of a Major Plastics Manufacturing Facility. This auction will feature Plastic Injection Molding Machines, Blow, Rotational & Foam Molding Machines, Extruders, Toolroom & Material Handling Equipment, and more.

The Webcast auction will be conducted live over the Internet at DoveBid’s Website on February 23, 2005 beginning at 10:00 a.m. Central Time in Tultitlán, Estado de México, México. Featured items include (30) Plastic Injection Molding Machines From 220-Ton to 2000-Ton, Blow, Rotational & Foam Molding Machines, Toolroom & Material Handling Equipment, and more. A preview of assets will take place from February 21 to 22, 2005 from 9:00 a.m. to 4:00 p.m. local time each day and morning of the sale at Parque Industrial Cartagena in Tultitlán Estado de México, México.

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

For a complete list of our upcoming auctions, equipment asset catalogs, and brochures, please visit DoveBid’s Website at www.dovebid.com.

About DoveBid®
DoveBid, Inc. is a global provider of capital asset auction and valuation services. We deliver a turnkey, outsourced set of services to corporations and financial institutions for the valuation, redeployment and disposition of their surplus capital assets. Through DoveBid Auction Services we offer several types of auction formats, including live webcast auctions, featured online auctions, on-site-only auctions and privately negotiated sales. As part of our auction services, we also offer our customers AssetZone, a hosted, Internet-based application that monitors surplus assets inside the corporation. DoveBid Valuation Services is our professional services organization that provides capital asset valuations to financial institutions and corporations. Our valuation professionals utilize our large database of transactions and other valuation resources to conduct appraisals of machinery, manufacturing equipment, business inventory and other capital assets.

Headquartered in Foster City, California, USA, DoveBid has over 67 years of auction experience in the capital asset industry with more than 40 locations in 16 countries. 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.

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DoveBid Contact:
Josh Prince
Director, Corporate Development
DoveBid, Inc.
(650) 377-2604
jprince@dovebid.com