GoIndustry

Press Release

LOS ANGELES, CA (June 26, 2006) - DoveBid, Inc., (www.DoveBid.com), the leading capital asset management services provider today announced that it has completed the relocation of its global headquarters from Foster City, California to Los Angeles, California.

DoveBid has field offices throughout the United States; and regional offices located in Canada, Mexico, France, Italy, Spain, Netherlands, United Kingdom, Australia, China, Japan, Singapore, Thailand and South Africa. DoveBid will maintain its Foster City offices serving the Silicon Valley and Bay Area.

About DoveBid
DoveBid, Inc. is the global leader in capital asset management and valuation services; helping companies identify, redeploy and dispose of surplus assets through privately negotiated sales, live and online auctions, and industry specific web exchanges supporting key verticals and market segments. 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 67 years of industrial capital asset experience with more than 40 locations in 16 countries. More 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.

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DoveBid Contacts:

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

DoveBid, Inc.
10877 Wilshire Boulevard
Suite 600
Los Angeles, CA 90024
(310) 775-6700 Phone
(310) 775-6800 Fax