Press Release

DOVEBID® TO CONDUCT SERIES OF AUCTIONS ON BEHALF OF OPTILLION AB

FOSTER CITY, CA (April 7, 2005) - DoveBid, Inc., a global provider of capital asset auction and valuation services, announced today that it will conduct Optillion AB – Sale #1, a one-day Multi-Million Dollar Webcast auction of the complete liquidation of a State-of-the-Art Ultra-High Bandwidth Fiber-Optic Ethernet Transceiver & Receiver Cleanroom Manufacturing Facility on behalf of advokat Roland Sundqvist, Grönberg Advokatbyrå, Trustee in the case of Optillion AB.

The first in a series of auctions for Optillion AB will be conducted onsite and broadcast over the Internet at DoveBid’s Website on April 20, 2005 beginning at 9:00 a.m. Central European Time in Stockholm, Sweden. Featured items for this Multi-Million Dollar Webcast auction include Late Model Reactors, Sputtering, Etching, Plating, Plasma Processing, Coating, SEM, Optical Measurement, Test & Measurement, Toolroom & Office Equipment and more.

Optillion AB – Sale #2 is going on now. This Sealed-Bid Sale features (39) Swedish and International Patents in respect to the development, manufacture and test of ultra-high bandwidth fibre-optic Ethernet transceivers & receivers. Bids will be accepted through April 27, 2005.

Participants in Optillion AB – Sale #1 may attend in-person or bid online. Detailed preview information, asset catalog, and online bidding instructions for both sales 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