SalvageSale Launches Online Auction Unit for Global Capital Asset Disposition

March 24, 2006

Houston-based SalvageSale, Inc., an online industrial asset disposition marketplace and services provider for the commercial property & casualty insurance industry and corporations, has debuted its newest division and brand, CapitalAssetSale.

Since its inception six years ago, SalvageSale has leveraged its expertise in the commercial insurance sector to build a formidable practice to assist in the disposition of corporate assets. As a result of market demand and SalvageSale’s continued expansion, CapitalAssetSale has formally launched as a brand under the SalvageSale umbrella. CapitalAssetSale assists clients worldwide with the disposition of surplus, fleet and end-of-life assets.

“Our mission is to transform traditional disposition methods for commercial and industrial assets. We have listened intently to the needs of our corporate clients and have tailored CapitalAssetSale to the unique requirements and services necessary to efficiently dispose of capital assets,” said Daniel S. Parsley, Chairman and CEO of SalvageSale, Inc.

Laura Gow, Director of Sales for CapitalAssetSale added: “CapitalAssetSale makes disposition of inventory easy and effective with our onsite services including condition reports and photos, and our expertise in selling assets ‘As is, Where is’. Therefore, our approach avoids the delays and expenses associated with moving and preparing assets for traditional auctions.”

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