GoIndustry DoveBid recently re-established a long-term partnership with Motorola to manage and dispose of its surplus equipment globally. "This sale is significant to both GoIndustry DoveBid and Motorola as it represents the first time that surplus equipment from mainland China is being made available through the online channel in an auction format. We look forward to working with Motorola and adding to online commerce within China", states Jack Reinelt, CEO for GoIndustry DoveBid.

This auction follows in a series of highly successful auctions in Europe and North America earlier this year and represents the final piece in a global solution developed by GoIndustry DoveBid to allow Motorola the ability to dispose of critical assets anytime at any location within the world.

The sale will include 500+ lots including GSM, CDMA and EDGE type test and measurement equipment and is available for preview at
http://www.go-dove.com/auctions/AuctionDetail.asp?auctionID=13110&utm_source=cprn&utm_medium=pr.
Bidding will be open from 16 – 18 June 2009.

GoIndustry DoveBid has for decades conducted both live on-site and on-line auctions for large multi-national corporations with operations in China and continues to provide that service for all its global clients.

About GoIndustry DoveBid
GoIndustryDoveBid plc, quoted on the London Stock Exchange's AIM market (GOI), is a global market leader in the provision of asset management, auction and valuation services. The Company delivers innovative solutions that help to value assets accurately, optimize asset utilization and reduce costs. The Company combines its asset, industry and market expertise, with eCommerce technology to service the needs of multi-national manufacturing corporations, financial institutions, insolvency practitioners, used equipment dealers and asset based lenders around the world.

CONTACT INFORMATION

• Hugh Yu
  Tel: +86 21 3210 0338
  Mobile: +86 136 0178 9853
  Email: hugh.yu@go-dove.com

This most recent appointment was won over a number of other international and local asset disposal companies and follows a series of other successful tyre manufacturing sales GoIndustry DoveBid recently held for Continental Tires.

The upcoming sales will be held in three stages in May 2009 including two online auctions on
www.Go-Dove.com and a 2-day clearance live auction in Somerton including over 1000 lots of factory equipment.

Major tyre manufacturing equipment, used in the production of Goodyear and Dunlop tyres for passenger vehicles will be auctioned off in the online auction set to close in May 22nd featuring tyre building machines, curing presses, extruders, calenders, mixing lines and much more. The contents for two further sales will consist of factory support equipment and machine tools.

The sales are expected to generate revenues in excess of AUD1million from existing tyre manufacturers in Asia.

GoIndustry DoveBid Goodyear Dunlop Auctions:

Sale 1 Online Auction:
Factory Support Equipment and Machine Tools
Bidding Closing Friday 15th May 2009 at http://www.Go-Dove.com/
http://www.go-dove.com/Auctions/AuctionDetail.asp?auctionID=12915&utm_source=cprn&utm_medium=pr

Sale 2 Online Auction:
Tyre Manufacturing Machinery including Tyre Building Machines, Mixers, Calenders, Extruders and Mills
Bidding Closing Friday 22nd May 2009 at http://www.Go-Dove.com/
http://www.go-dove.com/Auctions/AuctionDetail.asp?auctionID=12914&utm_source=cprn&utm_medium=pr

Sale 3 Live Auction:
2-Day Clearance Live Auction of Over 1000 Lots of Factory Equipment
Thursday, 28th & Friday, 29th May 2009 at Somerton, Victoria, Australia

GoIndustry-DoveBid plc, quoted on the London Stock Exchange's AIM market (GOI), is a global market leader in the provision of asset management, auction and valuation services. The Company delivers innovative solutions that help to value assets accurately, optimize asset utilization and reduce costs. The Company combines its asset, industry and market expertise, with eCommerce technology to service the needs of multi-national manufacturing corporations, financial institutions, insolvency practitioners, used equipment dealers and asset based lenders around the world.

CONTACT INFORMATION

• Greg Ceniti
  Tel: +61 3 9013 9230
  Cell: +61 421 33 22 66
  Fax: +61 3 9013 9231
  Email: greg.ceniti@go-dove.com