SILVER SPRING, Md., March 27 /PRNewswire/ -- Bid4Assets, a leading full-
service asset disposition firm specializing in assets from distressed
situations, today announced that it has been exclusively commissioned to
auction a 1998 Dodge Viper GTS that was seized by the U.S. Marshals Service.
Bid4Assets has conducted more than two dozen successful asset sales for the
U.S. Marshals Service, including the sale of a 1994 Lamborghini Diablo for
$125,000 in September 2000. The online auction will be held Apr. 4 - 11. The
vehicle, located in Las Vegas, Nev., is in excellent condition and has an
odometer reading of approximately 4,720 miles. Bidding begins at $45,000.
Photographs and other due diligence are available online at
http://www.bid4assets.com. Interested buyers can contact Bid4Assets with any
questions by sending an email to service@bid4assets.com. "Federal, state and
local government agencies turn to Bid4Assets because we leverage the
Internet to slash the time to sale, reduce costs and broaden reach.
Bid4Assets has helped the Marshals sell luxury automobiles, promissory notes
and a dozen parcels of land, including several currently being auctioned in
Florida and Hawaii. Our end-to-end solution helps government managers
benefit from increased efficiencies for the sale of their seized, surplus
and non-performing assets," said Tom Kohn, CEO of Bid4Assets. "Car
enthusiasts and collectors can take advantage of this special opportunity to
bid on a luxury automobile at competitive prices." About Bid4Assets
Bid4Assets, Inc. (http://www.bid4assets.com) is a full-service asset
disposition firm that specializes in selling assets from distressed
situations. The company sources assets from financial institutions,
government agencies, bankruptcies and private industry. Bid4Assets combines
a centralized Internet marketplace with essential offline solutions to sell
financial instruments, real estate, intangible property, personal property
and bankruptcy claims to a worldwide network of sophisticated buyers more
quickly and efficiently than traditional methods. Since its launch in
November 1999, Bid4Assets has conducted more than 4,000 auctions for assets
in all 50 states. The company is located in Silver Spring, Md., phone (301)
650-9193, fax (301) 650-9194. Bid4Assets is a trademark of Bid4Assets, Inc.
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