DoveBid announced it is launching a new global marketplace for auctioning aviation equipment. DoveBid allows 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 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 of 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 www.dovebid.com. I'm delighted to join the DoveBid team to bring this best-in-class solution to the Aviation industry."

DoveBid Inc. is a leading global provider of capital asset management and valuation services with 67 years of industrial capital asset management experience and associates in 37 offices and 20 countries. DoveBid's first Aviation Exchange online auction will be conducted on May 1-4, 2007 on the DoveBid website.

http://www.dovebid.com