General Services
Administration (GSA) Web site accounted for 84. Marshals Service to Auction Forfeited Luxury Leasehold
Condominium in Pensacola Beach, Florida on the Bid4Assets Web Site

SILVER SPRING, Md.

250 Tax-Defaulted Properties From Three Central California Counties to Be Auctioned on the Internet

Last March 2004, in an effort to improve efficiency and recoup more tax
revenue, Fresno and Merced counties, selected Bid4Assets to conduct their
pilot Internet auction of tax-defaulted property.

Help us to make the most useful auction directory on the internet Thank you.

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Price, GSA Auctions(R) Chief of Sales.com/centralcal. "I was extremely pleased
with our first Internet auction with Bid4Assets. The Internet
allows the counties to reach more buyers and sell a greater number of
properties at each sale.

bidding electronically

Registration is required for bidders.

auctions seems

GSA Auctions(R) is accessible at http://www.

U.S. Marshals' 'Operation Sandshaker ' Cocaine Bust Puts Forfeited Luxury Condo in Pensacola Beach up on the Online Auction Block

Marshals Service," said
Bid4Assets Vice President of Marketing and Corporate-Wide Communications Jenny
Lynch . "Interested buyers can find all of the information they need to make a
purchasing decision online .
Information about Bid4Assets, Inc. Marshals Service
The Marshals Service (http://www.bid4assets .

* Merced County: 16 tax-defaulted properties offered for sale, minimum
bids as low as $1,866. The
upcoming March 2005 auction will be the second tax-defaulted property auction
for Fresno and Merced Counties and the first tax-defaulted property auction
for Monterey County on the Bid4Assets Web site.

About Bid4Assets, Inc.

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Marshals Service. is available at the Company's site on the
World Wide Web at http://www. Fresno, Merced and Monterey counties recognize that
by putting their tax sales online, the taxpayers are the direct
beneficiaries," said Bid4Assets ' Vice President of Marketing and Corporate-
wide Communications Jenny Lynch.

bids assets

Unregistered
users may browse the site.usdoj.A.
"We are proud to continue working with the innovative counties of Central
California for the sale of tax-defaulted properties online.

auctions bidding

GSA Auctions(R) Federal Personal Property Sales Triple

S. The condominium has 1,125
square feet of living area which includes an entry foyer, dining area,
kitchen, family room, two bedrooms, two bathrooms and a covered balcony . The Company provides customized sales solutions
such as online, traditional, sealed bid and Web cast auctions, fixed price
sales, as well as co-branded Web Sites and branded Private Auction Exchanges . Details on the three California county auctions are below:

* Fresno County: 205 tax-defaulted properties offered for sale, minimum
bids as low as $800. We surpassed our
expectations .com.

This category focuses on On-Line Auctions; however, there are two categories which welcome Off Line Auctions; Auction Houses and E-mail Auctions Please submit your site to whichever 'Auctions' category seems appropriate (details below) If in doubt , submit to this category, Auctions, and an editor will place it for you.

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"GSA Auctions(R) saves money on federal warehouse costs and helps
citizens, businesses and government agencies find and buy personal property
easily on a site they know is credible, safe and exclusive to the federal
government," said Lynne M. communities. For those individuals who are unable to access the
Internet, they can contact Bid4Assets toll-free at 1-877-427-7387 to request
an off-line bid form.gov/marshals/) administers the
Department of the Justice's Asset Forfeiture Program by managing and disposing
of properties seized and forfeited by federal law enforcement agencies and
U., Bid4Assets, Inc.P. The Company provides
customized sales solutions such as online, traditional, sealed bid and Web
cast auctions, fixed price sales, as well as co-branded Web Sites and branded
Private Auction Exchanges.

whichever bids

, a leading
online auction site for forfeited, surplus and tax-defaulted property from
federal, state and local government and private industry, today announced that
it will auction a leasehold condominium in Emerald Isle Resort, Pensacola
Beach, Florida, forfeited to the U.com/USMS. The Web site just recently sold the
popular Sandshaker Lounge, Package Store and Sandwich Shop for $605,000.bid4assets.
"We are thrilled to offer buyers immediate access to a wide variety of
unique, high-value property forfeited to the U.

About U.S. Currently , the Marshals Service manages more than
$878 million worth of property..

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The auctions are completely web-enabled,
allowing all registered participants to bid on a single item or multiple items
(lots ) within specified timeframes.S.com. is available at
the Company's site on the World Wide Web at http: //www.bid4assets.

forfeited ubid

S.
Specifications, photos, appraisal details and other information are
currently available online at http://www.

PHOTOS AVAILABLE -- http://www.bid4assets.com/centralcal . Information about Bid4Assets, Inc.

auctions seems

U.
The leasehold condominium, located at 22 Via De Luna, Unit 204, Pensacola
Beach, Florida 32561, resides in the Emerald Isle Resort Condo, a gulf front
17-story building with two elevators and 128 units. The online auctions will be held
March 1 - 3, 2005. The
company is located in Silver Spring, Md.

auction bidding

gov. Bid4Assets has been conducting asset sales
for the U.
Bid4Assets is the leading online auction marketplace that helps government
and private industry maximize returns from the sale of forfeited, surplus and
tax-defaulted property .

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GSA, comprised of 13,000 associates, provides
services and solutions for the office operations of over one million federal
workers located in more than 8,900 government-owned and leased buildings in
2,100 U., Bid4Assets, Inc.
Lease fees for the property are paid in HOA fee of $465 per month.com/condo
Additional Photos can be found in the 'Additional Details' tab., Fresno County Auditor-Controller/Treasurer-Tax Collector. The Company focuses on high-
end assets, selling real estate, personal property, financial instruments and
bankruptcy claims to a worldwide network of buyers.

assets watchlist

"GSA
Auctions(R) performance is consistent with the President's Management Agenda
goals to use technology to improve efficiency and effectiveness and provide
citizen-centric services. It acquires, on behalf of federal agencies,
office space, equipment, telecommunications, information technology, supplies
and services.S. Marshals Service since December 1999 to include residential and
commercial real estate, luxury automobiles, aircraft, boats, jewelry,
timeshares and financial instruments. The
interior of the property was not damaged during the 2004 hurricane season;
however , the exterior of the building is under heavy construction to repair
damages.com/USMS. Interested
buyers can contact Bid4Assets with any questions by sending an email to
service@bid4assets.S.

and we are eager to do it again this year," said Vicki Crow,
C.

electronically seized

gov) celebrates its fourth anniversary this year with
64,000 registered users, whose activities on the online U. 17, 2001., phone (301) 650-9193, fax (301) 650-9194.S.

assets uploading

WASHINGTON, GSA Auctions(R)
(http://www. The proceeds from the sale of forfeited
assets such as real property, vehicles, businesses, financial instruments ,
vessels, aircraft and jewelry are deposited into the Asset Forfeiture Fund and
are subsequently used to further law enforcement initiatives.

auction bidding

gsaauctions.bid4assets.

forfeited ubid

5 percent of all of GSA's
federal surplus personal property sales in 2004.

The condominium will
be auctioned online March 29 - March 31, 2005 on the Bid4Assets Web site at
http://www.
Bidders who are unable to bid online can bid off-line by calling toll-free at
1-877-427-7387..

auctions bidding

Sales of cars, trucks, motorcycles , aircraft, boats, furniture and other
seized goods and federal surplus personal property sold on GSA Auctions(R) in
2004 totaled $32 million, up from $11 million in 2001. Bidding for the leasehold condominium starts at $315,000. The company is located in Silver
Spring, Md.

* Monterey County: 29 tax-defaulted properties offered for sale, minimum
bids as low as $1,000.

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bidding auction

gsauctions . GSA Auctions(R) began
operations on Jan.
GSA Auctions (R) offers the public the opportunity to bid electronically
on a wide array of Federal assets. It also plays a key role in developing and implementing
government-wide policies. Bidders
are required to submit a pre-bid deposit of $31,500 prior to placing a bid. The auctions may be accessed through a dedicated Web site
located at http://www.

Due diligence materials, including tax information and maps are available
for viewing online at Bid4Assets at http://www., phone (301) 650-9193,
fax (301) 650-9194.

auction proxy

GSA is a centralized federal procurement, property management and policy
agency created by Congress to improve government efficiency and help federal
agencies better serve the public."

About Bid4Assets, Inc. Fresno, Merced and Monterey Counties to Hold Combined Online Tax Sale
on the Bid4Assets Web site

SILVER SPRING, Md.
The properties offered for sale include residential, commercial and
agricultural lots.
Bid4Assets is the leading online auction marketplace that helps federal,
state and local government and private industry maximize returns from the sale
of forfeited, surplus and tax-defaulted property.

consignment assets

"
Additional GSA Auctions(R) sale items include communications, computer,
electric, electronic, agricultural, office, photographic, marine, laboratory,
medical, dental and veterinary supplies and equipment; trailers, tractors,
bicycles and salvage/scrap vehicles; furniture, household and personal items ,
industrial machinery, jewelry and collectibles.S.bid4assets.
There is a swimming pool, exercise room and a security gate for the complex. The Company focuses on high-end assets, selling real
estate , personal property, financial instruments and bankruptcy claims to a
worldwide network of buyers .com. attorneys nationwide., a leading
online auction site for tax-defaulted, forfeited and surplus property from
federal, state and local government and private industry, today announced that
it will auction 250 tax-defaulted properties for Fresno, Merced and Monterey
counties located in central California.

bibles bids

bid4assets.

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