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Government-Forfeited Luxury Sports Cars to Hit Online Auction Block on Bid4Assets

U.S. Marshals Service Auction to Include a 2002 Mercedes Benz SL600

SILVER SPRING, Md., June 16 -- Bid4Assets, Inc., a leading online auction site for high-end assets from government, non-profits and private industry, today announced that it will auction six luxury automobiles forfeited to the U.S. Marshals Service. The online auctions will be held June 23 through June 26 on the Bid4Assets Web site, http://www.bid4assets.com/ . Bid4Assets has been conducting asset sales for the U.S. Marshals Service since December 1999 to include residential and commercial real estate, luxury automobiles, aircraft, boats, jewelry, timeshares and financial instruments.

  The luxury cars to be auctioned online include the following:
   --  2002 Mercedes Benz SL600.  The auction will be held on the Bid4Assets
       Web site June 23-25.  Bidding begins at $60,000 for the black,
       removable hard top coupe with a mileage of 1,143.  A physical
       inspection will be held in Comstock Park, Michigan on Friday, June 20
       from 10 a.m. to 2 p.m. ET.

   --  2000 Mercedes Benz SL600.  The auction will be held on the Bid4Assets
       Web site June 23-25.  Bidding begins at $60,000 for the white,
       removable hard top coupe with a mileage of 7,710.  A physical
       inspection will be held in Comstock Park, Michigan on Friday,
       June 20 from 10 a.m. to 2 p.m. ET.

   --  2002 Mercedes Benz S600.  The auction will be held on the Bid4Assets
       Web site June 23-25.  Bidding begins at $55,000 for the silver,
       four-door sedan with a mileage of 3,669.  A physical inspection will
       be held in Comstock Park, Michigan on Friday, June 20 from
       10 a.m. to 2 p.m. ET.

   --  2002 Mercedes Benz CLK55 AMG.  The auction will be held on the
       Bid4Assets Web site June 23-25.  Bidding begins at $37,000 for the
       silver cabriolet with a mileage of 1,289.  A physical inspection will
       be held in Comstock Park, Michigan on Friday, June 20 from
       10 a.m. to 2 p.m. ET.

   --  1999 Lexus GS400.  The auction will be held on the Bid4Assets
       Web site June 24-26.  Bidding begins at $12,200 for the silver,
       4-door sedan with a mileage of 44,760.  The car is located in
       Scranton, Pennsylvania.

  --  2001 Chrysler PT Cruiser.  The auction will be held on the Bid4Assets
      Web site June 24-26.  Bidding begins at $6,000 for the blue, four-door
      sedan with a mileage of 2,970.  The car is located in Scranton,
      Pennsylvania.

Specifications, photos, inspection details and other information are available online at http://www.bid4assets.com/ . Interested buyers can contact Bid4Assets with any questions by sending an email to service@bid4assets.com .

"We are pleased to continue to work with the Marshals Service to sell luxury vehicles more quickly and efficiently online," said Bid4Assets vice president of marketing and corporate-wide communications Jenny Monroe. "Interested buyers can find all of the information they need to make a purchasing decision online."

About Bid4Assets, Inc.

Bid4Assets ( http://www.bid4assets.com/ ) is a leading online auction site where serious buyers and sellers meet to find high-end assets from government, non-profits and private industry. We help our clients by providing customized solutions such as online, webcast and traditional auctions, as well as Storefronts and Private Auction Exchanges. Bid4Assets focuses on high-end assets, selling real estate, personal property, financial instruments and bankruptcy claims to a worldwide network of buyers. The company is located in Silver Spring, Md., phone (301) 650-9193, fax (301) 650-9194.