PRESS RELEASE

SalvageSale Expands Global Presence, Adds UK Sales Operations Staff and Salvor Logistics Partner to Service the UK and Europe

Houston – February 5, 2008 - SalvageSale, the leading online marketplace and services provider for commercial insurance and corporate asset disposition needs, announced today its expansion and increased presence in London to serve the UK and European markets.

Erick Del Aguila joins SalvageSale, Ltd. as Sales Operations Manager for the UK and Europe as the company continues to add to its UK team to meet the growing demands of its UK and European client base. These staff additions enhance the established UK team and come on the heels of expansion in the Houston office, representing the growth and development the company has experienced in the past year.

SalvageSale also announced the expansion of the company’s UK and European salvage and logistics services group. These services will be comprehensively managed by SalvageSale and supported by preferred partners Amini International and ISA (a division of WK Webster). Amini International has extensive experience with retail, textile and industrial equipment losses and WK Webster brings broad expertise in commodities, machinery and many other key categories.

“The strong global demand we’ve experienced in the UK and Europe for SalvageSale’s online industrial marketplace has driven us to invest heavily to expand our presence in the region. Not only will these moves further develop our ground operations, they will clearly enhance our global buyer and seller base,” said Dan Parsley, CEO of SalvageSale.

Del Aguila comes to SalvageSale from another UK-based online marketplace, where he was responsible for assisting in the design and growth of the company’s e-commerce business model. His prior experience includes positions with PricewaterhouseCoopers, Ernst and Young LLP and IBM.

Ron Chamness, SalvageSale’s Senior VP of International Sales & Operations, adds: “While we’ve seen great success building a global business from our U.S. headquarters, we’re excited to have a stronger presence on the ground in the regions where we’re experiencing rapid growth. Our UK presence will ultimately help us improve our perspective of the global commercial and industrial insurance and salvage businesses and as a result, we can more efficiently meet the business needs of our clients around the world.”

About SalvageSale, Inc.
SalvageSale, Inc. is the leading online marketplace and services provider for the insurance industry and corporate end-of-life assets. By combining comprehensive services and leveraging the Internet to increase transaction transparency and efficiently access a global universe of buyers, SalvageSale has dramatically improved recovery results for sellers of commercial salvage goods, as well as corporate, end-of-life assets. SalvageSale is headquartered in Houston, TX, and has offices in New York and London, with representatives in Sacramento, CA, Austin, TX, Chicago, IL and Bonita Springs, FL. The company also has global representatives in London, Singapore, Antwerp and Rotterdam. Visit www.salvagesale.com or www.capitalassetsale.com for more information.

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