Thursday, January 19, 2012

Great American Group Auctions Solar Equipment on Jan. 23 - 26


WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Great American Group, LLC (OTCBB: GAMR), a leading provider of asset disposition, valuation and appraisal services, has scheduled an online auction to sell state-of-the-art solar panels previously owned by Tucson, Arizona-based Solon Corporation.

    “We are very pleased with the overall project management provided by both companies”

The online auction takes place from 9 a.m. (MST) Monday, Jan. 23 until noon Thursday, Jan. 26.

According to Roy Gamityan, a senior vice president and auctioneer with Great American Group, the auction includes solar-panel equipment manufactured between 2008 and 2009.

“With the global demand for high-quality solar processing equipment increasing, we expect a large amount of national and international interest in this online auction,” Gamityan said.

Auction items include two 2009 Swiss Solar System Models 3S Laminators (Process for both Crystalline and Thin Film Photovoltaic Modules) with a capacity of up to 100 megawatts each, a 2008 REIS Robotics Automated Framing Module (75 megawatts), three REIS 6 Axis Robots and a REIS Framing Station.

Great American Group along with Fab-Finder, a leading provider of solar and semiconductor equipment for the secondary marketplace, worked together to purchase and prepare the items for auction.

“We are very pleased with the overall project management provided by both companies,” said Jay Meridew, the vice-president of finance for Solon Corporation.

For more information on the auction, contact (818) 884-3737 or visit www.greatamerican.com.

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About Great American Group

Great American Group, LLC, is a leading provider of asset disposition solutions and valuation and appraisal services to a wide range of retail, wholesale and industrial clients, as well as lenders, capital providers, private equity investors and professional service firms. Great American Group has offices in Atlanta, Boston, Chicago, Dallas, London, Los Angeles, New York and San Francisco. For more information, contact (818) 884-3737 or visit www.greatamerican.com.

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