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DoveBid to Conduct Auction for R.R. Donnelley

Press release from the issuing company

FOSTER CITY, Calif.--Sept. 10, 2002--DoveBid, Inc., a global provider of capital asset auction and valuation services, today announced it has signed an auction agreement with R.R. Donnelley. R.R. Donnelley provides integrated communications services including printing, premedia, digital photography and logistics. Under the terms of the agreement, DoveBid has been engaged to sell surplus assets from R.R. Donnelley's continuing manufacturing operations. The R.R. Donnelley Webcast auction will take place on Sept. 18, 2002 at 9:00 a.m. ET in Berea, Ohio. The auction will feature print and bind equipment including a Perfector web press line, web and sheet fed presses, gravure proof press, cylinder and roll plating and handling equipment, post and pre-press equipment, and twelve binding lines and bindery equipment. To participate, buyers may bid live via the Internet at www.dovebid.com or attend in person. To preview the 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 our auctions, equipment asset catalogs, and brochures, please visit DoveBid's Web site at www.dovebid.com.