$6 million in state-of-the-art biotechnology and IT equipment hits the auction block

HPLCs, LCs, QTOFs, MALDIs, CEs, custom BTOSs, servers, storage and networking equipment are among the high-end equipment for sale from Predicant Biosciences

January 3, 2006 — /MARKET WIRE/ — SAN FRANCISCO, Calif. — Cowan Alexander, LLC and Asset Reliance International, a leading technology and Webcast auction and valuation team, today announced the auction dates for Predicant Biosciences equipment. The auction represents $6 million in state-of-the-art biotechnology and information technology equipment.

“This auction is a tremendous opportunity to purchase state-of-the-art bioscience equipment, high-end IT equipment along with general lab and analytical instruments,” said Don Cowan, president of auction firm Cowan Alexander. “This event is a tremendous buying opportunity since all equipment will be sold with no minimum bid and no reserve price.”

The Predicant equipment auction will take place January 10, 2006, at 11 a.m. PST at 201 Gateway Blvd., So. San Francisco, Calif. Auction items will be available for preview and inspection at the same location on January 9, 2006 from 8 a.m. to 4 p.m. and immediately prior to the auction on January 10, from 8 a.m.until12 p.m.

Additional equipment for sale includes spectrometers, detectors/coolers, microscope cameras, storage systems, machining centers, vacuum pumps and more.

The auction will be Webcast nationwide. Buyers can bid live on site or via the Internet. Photos and information about the auction is available online at www.cowanalexander.com.

About Cowan Alexander & Asset Reliance International

Cowan Alexander, LLC and Asset Reliance International are the nation’s leading technology auction, capital recovery and valuation companies. Both companies provide custom-tailored asset disposition and valuation services to technology investors, lenders and technology companies. This experienced team of professionals has successfully sold more than $1 billion in assets and has completed more than 1,000 valuation assignments worldwide. For more information, visit www.ar-int.com or www.cowanalexander.com.

Media Contacts:
Jack Hardy, APR
Ant Hill Marketing
(503) 236-3192
[email protected]

Don Cowan
Cowan Alexander
(503) 620-9000
[email protected]

SOURCE: Cowan Alexander

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