FOR IMMEDIATE RELEASE

February 9, 2011

LOS ANGELES—Tiger’s Remarketing Services division recently conducted a live public Webcast auction of nearly $900,000 of fine jewelry from San Marino-based Asanti Jewelers, Ltd. that was ordered sold by the U.S. Bankruptcy Court in late January. Attendees – from consumers to jewelers - bid live at the store, while competing in real time against bidders participating online from throughout the country.

“I’m very pleased with the job our team did to properly photograph and describe the product.  A strong presentation of the product makes a huge difference, as it allows online buyers to bid with the same confidence as local participants, and in this case helped us to extract value beyond our expectations,” says division President and Auctioneer, Jeff Tanenbaum.

The Webcast auction event was held on January 23, 2011 in cooperation with www.Proxibid.com.

The sale included pieces from top brand names such as Mikimoto, Aaron Basha, Hidalgo, Penny Preville, Roberto Coin, Baum Mercier and Bedat, among others with retail values ranging from a few hundred dollars to $26,000. The top selling item was a $10,500 strand of Tahitian Pearls, which sold for $6,500.

Tiger also sold the company’s fine furnishings, fixtures and equipment, which included a pristine condition Baccarat Chandelier that garnered over $13,000. The asanti.com web domain was also offered, selling for $1,300.

About Tiger: Tiger provides comprehensive advisory, valuation, auction, management, and disposition services for a broad range of retail, wholesale, and industrial companies. Over the past 30 years, Tiger has managed more store closings than any other business in the industry and has provided inventory appraisals, auctions and disposition services on behalf of a wide range of industries. The company’s focus is to help businesses, asset-based lenders and other financial institutions understand the underlying value of inventory and equipment; to provide key monitoring advice; and, when needed, disposition services.