OWINGS MILLS, MD, April 7, 2011 – GoIndustry DoveBid (LSE: GOI), a leading provider of Asset Management, Valuation and Disposition solutions for industrial companies, for the second year running, was one of 10 PepsiCo suppliers awarded the prestigious PepsiCo Supplier of the Year Award.
GoIndustry DoveBid, who provides its clients with asset sales, appraisal and redeployment systems and services, received the honors in March during the 2011 PepsiCo national trade show in San Antonio, TX.
"This is a significant award for us," said Romie Castelli, Senior Vice President of North America Sales, "because it exemplifies once again our commitment to be a strategic partner in providing best-in-class solutions and the latest web-based technologies to our customers." GoIndustry DoveBid provides a global marketplace for sellers to dispose of surplus industrial equipment and recognizes the importance of combining asset, industry & market intelligence with e-commerce technology. "We are focused on the value that our services deliver to multi-national corporations, financial institutions, insolvency practitioners, used equipment dealers and asset-based lenders throughout the world," added Castelli.
The award recognizes the powerful, industry leading technology of GoIndustry DoveBid's web-based platform: AssetZone 3.0. The tool provides asset managers the right tool to unlock and recover potential capital from their surplus or idle assets. This stand alone application integrates seamlessly with current enterprise systems to provide asset managers a powerful tool to effectively identify, track and manage surplus assets.
As part of GoIndustry DoveBid's best-in-class services, AssetZone provides the means for asset managers to optimize the unlocked capital in underperforming or idle assets and track the end of life valuation of an asset to provide for its redeployment or sale in a global marketplace. Additionally, the application catalogues and manages ownership records of active assets and cost effectively sources new requirements in the global second hand marketplace.
The tool combined with GoIndustry DoveBid's monthly online auction exchanges offers sellers the means to market assets from wherever they are located to potential buyers. These exchanges complement GoIndustry DoveBid's efficient "resale to remittance" timeline and proactive vertical marketing to a specialized critical mass of buyers and sellers enabling sellers to receive top dollar for their assets.
About GoIndustry DoveBid
GoIndustry DoveBid is the global leader in asset management, auction and valuation services relating to industrial equipment. Combining asset, industry and market intelligence with e-commerce technology, the company services multi-national corporations, financial institutions, insolvency practitioners, used equipment dealers and asset-based lenders throughout the world.
GoIndustry DoveBid approaches the market with three distinct advantages. The first is significant global reach to provide these services wherever they are needed. The second is most of GoIndustry DoveBid's business is online, making it more efficient and convenient for both buyers and sellers whether it's for a single piece of equipment or a whole production line. The third is unsurpassed knowledge of the market across multiple industry sectors. Since 2000, GoIndustry DoveBid has collected information gathered from auctions all over the world and leverages this rich data on a daily basis through accurate valuations and appraisals for the benefit of all its customers. For further information, please visit www.go-dove.com.
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