Press Release

DOVEBID® TO CONDUCT AUCTION FOR AWARD-WINNING SAUL ZAENTZ FILM CENTER

FOSTER CITY, CA (September 12, 2005) - DoveBid, Inc., a global provider of capital asset auction and valuation services, announced today that it will conduct a two-day Featured Online Auction of post production audio, video and film equipment by order of The Saul Zaentz Film Center.

The Saul Zaentz Film Center worked on over 350 feature films and documentaries during its 24 year history, including Academy Award® winning soundtracks for the films Amadeus, The Right Stuff and The English Patient.

The online auction will be conducted over the Internet at DoveBid’s Website at www.dovebid.com. Online bidding begins on September 21, 2005 at 12:00 a.m. and the first lots begin closing on September 22, 2005 at 2:00 p.m. PT. Featured items for this auction include (5) Digidesign ProTools Audio Recording/Editing Suites and (4) Rack Enclosures, (14) Digidesign Audio Interface Units, (10) Digidesign Universal Slave Drivers, Digital Audio Recording Equipment by Mytek and Tascam, Midi Controllers, RDATs, and more. 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 37 locations in 15 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