X-Line Asset Management to hold second quarterly auction August 16-17, 2005

X-line Asset Management, a leading provider of disposition and auction services which helps customers liquidate surplus assets to the global marketplace, has announced its second quarterly auction for August 16-17, 2005. X-line will use its innovative online auction technology to attain high value for the liquidation of over 275 pieces of quality surface mount technology (SMT), printed circuit board (PCB), and ETM equipment from a variety of notable sellers. X-line forecasts the value of this equipment to be well over $1M from companies within the United States, Canada, and the United Kingdom. For more information about this auction, to view the auction catalog, and to register to bid, visit www.xlineassets.com.

X-line also announced today that it is currently liquidating high-tech manufacturing equipment from the Anaheim, California facility of APW, Ltd. APW Ltd. provides global capabilities in the design manufacturing and integration of electrical and mechanical solutions. Equipment from brands such as Sanyo, Heller, and CR Technologies is currently up for bid. To view this catalog, complete with photographs and descriptions, visit www.xlineassets.com/apw.shtml.

Lastly, X-line Asset Management is proud to announce the recent agreement signed with Selectronics Corporation, a full-service electronic manufacturing firm based in Texas. X-line has agreed to liquidate the 10,000+ square foot manufacturing facility in Round Rock, Texas for Selectronics. Equipment is available for immediate sale. For more information about this equipment, contact sales@xlineassets.com.