Tiger Group To Auction VER's Excess Rental A/V Equipment

Tiger Group To Auction VER's Excess Rental A/V Equipment

--July 14th online sale features $10 million inventory of professional equipment from leading manufacturers

SECAUCUS, N.J., June 29, 2015 /PRNewswire/ -- A comprehensive range of professionally maintained A/V rental products formerly valued at approximately $10 million -- including video gear, computer presentation, digital, broadcast and audio from Sony, Canon and other top manufacturers -- will be available for sale when Tiger Group's Remarketing Services Division conducts an online-only auction of excess inventory owned by Video Equipment Rentals (VER), a full-service, worldwide production equipment rental company.

Online bidding will commence July 7 at www.SoldTiger.com and will close in rapid succession, live auction style, on July 14 beginning at 10:30 a.m. (ET). Previews of the various assets being offered will be held July 13 from 10:00 a.m. to 4:00 p.m. (ET) at the VER warehouse, located at 60 Enterprise Ave. N., Secaucus, N.J.

"This sale represents a unique buying opportunity for a wide range of end-users, including anyone involved in motion picture and TV production, educational institutions, and houses of worship," said Chris Thompson, Director of Business Development, Media & Entertainment, for Tiger Group, an A/V industry veteran with extensive experience in the rental industry, who will oversee the auction. "Big and small end-users will have the chance to acquire high-quality equipment from Sony, Arri and other manufacturers--many complete with shipping case -- at very competitive prices."

Key assets up for bid include more than 30 cameras and accessories from top manufacturers like Arri, Panasonic, Sony, and Toshiba; lenses for projectors; and broadcast and digital cinema cameras from makers like Canon and Fujinon.

Projectors and lenses from Digital Projection, Barco, Eiki, DPI, and Christie will also be available, as well as video tape recorders and digital disc recorders from Sony, Panasonic, Codex, Doremi, Fast Forward and Focus.

Broadcast and presentation monitors from Sony, Panasonic, Astro, NEC, Sharp, and others will be offered, along with stands, speakers, and mounting gear. Available production and reinforcement audio will include wireless equipment from Lectrosonic and Sennheiser; mixers from Midas, Wendt, Sony and Shure; and speakers from QSC and EV.

Also featured will be video, data switching/routing and processing gear from Altinex, Kramer, Grass Valley, Extron, Folsom, Tectronics, and Evertz. Screens, computers, lighting and A/V accessories of all kinds will also be up for bid.

For a full catalog of the items offered and details on how to schedule a site visit and bid, go to: www.SoldTiger.com.

About Tiger Group
Tiger Group provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With over 40 years of experience and significant financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger's seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, provide capital or convert assets to capital quickly and decisively. Tiger's collaborative, straight-forward approach is the foundation for its many long-term 'partner' relationships and decades of success. Tiger operates globally through its partners and affiliates, with primary offices in New York, Boston, Los Angeles, San Francisco, and Sydney. To learn more about Tiger, please visit www.TigerGroup.com.

About VER
VER is a full-service, worldwide production equipment rental company, with 21 offices across the US as well as Vancouver, Toronto, Montreal, London, Frankfurt and Amsterdam. VER provides an extensive inventory of cutting-edge equipment and decades of experience to clients both large and small. VER's business is both broad and deep, with equipment rental and engineering services in all areas of media creation and production. VER's clients create productions in studio and on location for motion pictures, broadcast, the web, touring music and new media.

SOURCE Tiger Remarketing Services, Los Angeles

Tiger Remarketing Services, Los Angeles

CONTACT: At Tiger Remarketing Services Division, Jeff Tanenbaum, president, (805) 497-4999, jtanenbaum@TigerGroup.com; at Parness & Associates Public Relations, Bill Parness, bparness@parnesspr.com, (732) 290-0121 or Mobile: 732-673-6852.

Web Site: http://www.SoldTiger.com


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