Nanotechnology Now - Press Release: "LCD Manufacturing Product Line and Turnkey Nanofab Facility to Be Auctioned by Heritage Global Partners June 8 via Live Bulk and Piecemeal Auction"

Home > Press > LCD Manufacturing Product Line and Turnkey Nanofab Facility to Be Auctioned by Heritage Global Partners June 8 via Live Bulk and Piecemeal Auction

Abstract:
-Heritage Global Partners, ("HGP"), a global leader in asset advisory and auction services and a wholly owned subsidiary of Counsel RB Capital (OTCQB: CRBN), today announced that it has been selected by NantOptics, LLC to conduct a live bulk and piecemeal auction of their 36,000 square-foot Nanofabrication Facility featuring state-of-the-art production and research & development capabilities, particularly in the area of LCD manufacturing equipment products and UV photo alignment.

LCD Manufacturing Product Line and Turnkey Nanofab Facility to Be Auctioned by Heritage Global Partners June 8 via Live Bulk and Piecemeal Auction

San Diego, CA | Posted on April 25th, 2012

The sale begins Friday, June 8, 2012 at 11 am ET and will be conducted via live open outcry auction at the NantOptics Facility— 1600 Cottontail Lane, Somerset, New Jersey. Registered bidders will also be able to participate in the bulk sale portion of the auction over a dedicated teleconference line.

Interested buyers will have the opportunity to preview the NantOptics Facility on June 6 and 7, from 9 am to 4 pm, or by appointment.

In the event a bulk sale of NantOptics is consummated, the successful bidder has the option to assume the existing lease on the facility and continue the operations in its existing production environment. The auction includes the facility, capital equipment as well as intellectual property, IT, office furniture and fixtures, and more.

"The auction of NantOptics' state-of-the-art facility and innovative production resources represents an exceptional opportunity for any company involved in LCD technology development and nanofab research and production to acquire these high-quality assets at an excellent value," said Brandon Smith, VP Heritage Global Partners.

Led by auction industry pioneers Ross and Kirk Dove, Heritage Global Partners is one of the country's leading asset advisory and auction services firms, assisting large and small companies with buying and selling assets. A Counsel RB Capital company (OTCQB: CRBN), HGP specializes in asset brokerage, inspection, and valuations, industrial equipment and real estate auctions, as well as enterprise auctions combining tangible and intangible assets.

To obtain more information including scheduling an on-site preview, please visit www.hgpauction.com or contact Brandon Smith at .

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For more information, please click here

Contacts:
Heritage Global Partners
Brandon Smith
973-265-4090

or
Jaffoni & Collins
Robert Rinderman
Jennifer Neuman
212-835-8500

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