DoveBid to Conduct Webcast Auction for the Goodyear Tire & Rubber Company

    FOSTER CITY, Calif.--March 11, 2003--DoveBid(R), Inc., a global provider of capital asset auction and valuation services, today announced it will conduct a Webcast auction for The Goodyear Tire & Rubber Company.
    The auction will take place on March 19, 2003 at 9:00 a.m. Eastern Standard Time in Stow, Ohio (4700 Hudson Drive). The auction will include the liquidation of a complete tire mold building facility. Featured assets include CNC machining and engraving machinery, aluminum foundry, heat treat, finishing and tool room equipment.
    To participate in this auction, buyers may bid live via the Internet at www.dovebid.com or attend in person. To preview assets, please visit www.dovebid.com for locations and dates.
    There are an additional 100+ upcoming auctions on DoveBid's auction calendar. For a complete list of auctions, equipment asset catalogs, and brochures, please visit DoveBid's Website at www.dovebid.com.

    About DoveBid(R)

    DoveBid, Inc. is a global provider of capital asset auction and valuation services to large corporations and financial institutions. DoveBid delivers an integrated set of services to its customers for the disposition, valuation and redeployment of their surplus capital assets. DoveBid offers an array of auction services to meet its customers' specific needs, including live Webcast auctions, on-site-only auctions, featured online auctions and privately negotiated sales. DoveBid Managed Services offers clients a hosted, Internet-based application to monitor surplus assets inside the corporation. DoveBid Valuation Services uses its database of transaction information to provide valuations of capital assets for financial institutions and large businesses.
    Headquartered in Foster City, California, DoveBid has over 65 years of auction experience in the capital asset industry with more than 40 locations throughout North America, Europe and the Asia-Pacific region. 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.