Heritage Global Valuations ("HGV") Expands

Heritage Global Valuations ("HGV") is pleased to announce the addition of William (Bill) Kleibenstein, ASA to its Machinery and Equipment valuation practice. Bill comes to HGV with over 30 years of appraisal experience and is based in our new Milwaukee, WI office. Mr. Kleibenstein's experience includes appraisals that support asset-based lending, financial reporting, tax reporting and sales/leaseback transactions. Bill's experience expands further on Heritage's already robust internal suite of valuation services.

Prior to joining Heritage, Mr. Kleibenstein most recently spent 22 years with Duff & Phelps-American Appraisal Associates, Inc. in their Machinery & Equipment Group.

Mr. Kleibenstein graduated from the University of Wisconsin-Platteville with a BS in Business Administration. Bill is also an Accredited Senior Appraiser ("ASA"), specializing in Machinery & Technical Specialties with the American Society of Appraisers.

Chuck Seeley and Mike Goldstein, Managing Directors of HGV, jointly commented, "We are excited to have Bill join the HGV team. Bill's broad set of valuation skills and will be integral to helping Heritage Global Valuations expand our internal suite of services to service our growing client base."

About Heritage Global Partners (www.hgpauction.com)

Led by auction industry pioneers Ross and Kirk Dove, Heritage Global Partners is one of the leading worldwide asset advisory and auction services firms, assisting companies with buying and selling assets. HGP specializes in asset brokerage, inspection, and valuations, industrial equipment and real estate auctions, and much more. HGP is a subsidiary of Heritage Global Inc.