Heritage Global Partners and Tekmart International to Manage Upcoming Sale of Late Model Smartphone Technology Manufacturing Assets in Masan, Korea Due to Nokia’s Global Infrastructure Reorganization

1000+ SMT and Test Equipment Surplus Lots Will be Auctioned via Multi-Day Global Online Sale Beginning August 19

MASAN, South Korea & SAN DIEGO, Calif. - Wednesday, July 30th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Heritage Global Partners (“HGP”), a global leader in asset advisory and auction services, today announced that it is joining forces with Tekmart International, a leading global supplier of quality secondhand SMT and Test equipment to the worldwide electronic manufacturing industry, to oversee a global auction sale (August 19-22) of late model smartphone technology assets that are surplus to Nokia’s Masan, South Korea manufacturing facility.

“We are very much looking forward to conducting this event. There has not been a significant offering of late model smartphone SMT production and test equipment in the secondary marketplace. We are confident these high-quality assets will appeal to buyers globally,” stated Nick Jimenez, Heritage Global Partners Executive Vice President. “Our August auction promises to be a unique, not-to-be-missed event for any worldwide organization seeking a wide range of state-of-the-industry mobile technology manufacturing and test assets, including six Fuji NXT SMT Lines.”

Global Smartphone Technology Manufacturing Asset Auction Highlights: Sale Begins August 19, 2014 (4:00 am KST) with lots closing August 21-22 beginning 11:00 am KST

Key Assets:

    Six fully functional and turnkey Fuji NXT SMT Lines

Other Assets Include:

    Fuji NXT M3 and M3S Modules
    Koh Young KY-3030 Series Solder Paste Inspection Systems
    Dage XD7600 X-ray System
    Asymtek Axiom X-1020
    Rhode & Schwarz CMW 500 Wideband Radio Communication Testers
    DEK Galaxy Screen Printers
    Cencorp 1000BR Routers
    Keithley 2015 6.5 Digit THD Multimeters
    ERSA Hotflow Reflow Ovens
    Fuji NXT Feeders (hundreds available: 8mm up to 56mm)
    Fuji NXT Spare Heads available (H12HS, H12S, H08, H04, H01)
    Agilent AOI SJ50 Series III’s
    Agilent E4438C ESG Vector Signal Generators
    Aeroflex PXI 3025 Signal Generator Modules
    Plus much more – consult www.hgpauction.com for updated list of sale items/photos

Heritage Global Partners is one of the leading worldwide asset advisory and auction services firms and a subsidiary of publicly traded Heritage Global Inc. (OTCQB: HGBL and CSE: HGP).

Contacts

Heritage Global Partners

Nick Jimenez, (+1) 203-733-7191

njimenez@hgpauction.com



JCIR

Rob Rinderman, 212-835-8500

HGP@jcir.com,







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