DoveBid(R) Launches New Global Aviation Exchange Marketplace

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DoveBid, Inc., (http://www.dovebid.com) the leading global provider of capital asset management and valuation services, announced today that it is launching a new global marketplace for auctioning Aviation equipment. DoveBid's first Aviation Exchange online auction will be conducted on May 1 - 4, 2007 on the DoveBid website.

We are pleased to launch the DoveBid Aviation Exchange and offer an open marketplace to the Aviation industry. Companies worldwide have adopted DoveBid's auction exchange program as a tool to manage their assets globally

    DoveBid's Aviation Exchange enables companies to proactively address asset management challenges in real time. DoveBid offers full service or self service solutions that allow clients the choice of outsourcing the entire process or building their own asset catalogs online with guided selling tools. Clients can sell equipment in place from global locations and draw upon DoveBid's extensive portfolio of marketing services to bring targeted buyers to their assets. DoveBid will market, sell and manage the entire payment process and provide access to global resources in their offices worldwide.

David Weiss, recently appointed Director of Business Development - Aviation and an Aviation industry veteran, said, "The DoveBid Aviation Exchange will enable people to buy and sell all aviation-related equipment, including Ground Support and Handling Equipment; all types of Aircraft and Supporting Assets; Aircraft Parts; Engines and Engine Parts; Heavy Machinery; Test Equipment and more. Participants may bid online, review detailed asset descriptions, equipment catalogs and online bidding instructions at http://www.dovebid.com. I'm delighted to join the DoveBid team to bring this best-in-class solution to the Aviation industry."

"We are pleased to launch the DoveBid Aviation Exchange and offer an open marketplace to the Aviation industry. Companies worldwide have adopted DoveBid's auction exchange program as a tool to manage their assets globally," stated Brent Cohen, DoveBid's Chief Executive Officer.

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 67 years of industrial capital asset management experience with associates in 37 offices and 20 countries.

Additional information on DoveBid can be found at http://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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David Weiss