Assets From Defunct Spanish-Language Dot-Com To Hit Online Auction Block On Bid4Assets

Wakefield, Mass.-based Espanol.com to Sell Domain Names Online



Apr 03, 2001, 01:00 ET from Bid4Assets

    SILVER SPRING, Md., April 3 /PRNewswire/ -- Bid4Assets, a leading asset
 disposition and advisory services company, today announced that it will
 auction assets from Internet portal Espanol.com.  The sale will include
 88 Spanish language domain names.  The online auction will run Apr. 10 - 24 on
 www.bid4assets.com.
     Wakefield, Mass.-based Espanol.com was founded in 1999 as an Internet
 portal that targeted Web savvy, Spanish-speaking people.  The company ceased
 operations last summer after it was unable to obtain additional funding.  In
 addition to Espanol.com, the sale includes the domain names Portugues.com,
 EspanolLibros.com, Espanolvideos.com and many others.  Espanol.com filed for
 Chapter 7 bankruptcy protection September 22, 2000.  Case no. 00-16356-CJK is
 pending in the United States Bankruptcy Court for the District of
 Massachusetts.
     Interested buyers can contact Bid4Assets with any questions by sending an
 email to service@bid4assets.com.
     "Spanish-speaking people are among the fastest growing ethnic groups in
 the United States.  This is a great opportunity for entrepreneurs who want to
 target that exploding market online," said Bid4Assets CEO Tom Kohn.
     Bid4Assets has become a leader in assisting technology companies like
 Espanol.com that need to sell some or all of their assets.  Bid4Assets has
 helped sell assets for more than 28 technology companies in the last six
 months.  Sales have included Value America, Boo.com, Broadband Infrastructure
 Group, eCityDeals.com and many other companies that have chosen to remain
 anonymous.
 
     About Bid4Assets
     Bid4Assets, Inc. (http://www.bid4assets.com) is a leading asset
 disposition and advisory services company that leverages technology to provide
 solutions for financial institutions, government agencies, bankruptcy
 professionals and corporations.  Through a centralized Internet marketplace,
 the company creates opportunities for buyers of financial instruments, real
 estate, personal and intangible property and bankruptcy claims.  Since the
 company began in November 1999, Bid4Assets has conducted more than
 4,000 auctions for assets in all 50 states.  The company is located in Silver
 Spring, Md., phone (301) 650-9193, fax (301) 650-9194.
 
     Bid4Assets is a trademark of Bid4Assets, Inc.
 
 

SOURCE Bid4Assets
    SILVER SPRING, Md., April 3 /PRNewswire/ -- Bid4Assets, a leading asset
 disposition and advisory services company, today announced that it will
 auction assets from Internet portal Espanol.com.  The sale will include
 88 Spanish language domain names.  The online auction will run Apr. 10 - 24 on
 www.bid4assets.com.
     Wakefield, Mass.-based Espanol.com was founded in 1999 as an Internet
 portal that targeted Web savvy, Spanish-speaking people.  The company ceased
 operations last summer after it was unable to obtain additional funding.  In
 addition to Espanol.com, the sale includes the domain names Portugues.com,
 EspanolLibros.com, Espanolvideos.com and many others.  Espanol.com filed for
 Chapter 7 bankruptcy protection September 22, 2000.  Case no. 00-16356-CJK is
 pending in the United States Bankruptcy Court for the District of
 Massachusetts.
     Interested buyers can contact Bid4Assets with any questions by sending an
 email to service@bid4assets.com.
     "Spanish-speaking people are among the fastest growing ethnic groups in
 the United States.  This is a great opportunity for entrepreneurs who want to
 target that exploding market online," said Bid4Assets CEO Tom Kohn.
     Bid4Assets has become a leader in assisting technology companies like
 Espanol.com that need to sell some or all of their assets.  Bid4Assets has
 helped sell assets for more than 28 technology companies in the last six
 months.  Sales have included Value America, Boo.com, Broadband Infrastructure
 Group, eCityDeals.com and many other companies that have chosen to remain
 anonymous.
 
     About Bid4Assets
     Bid4Assets, Inc. (http://www.bid4assets.com) is a leading asset
 disposition and advisory services company that leverages technology to provide
 solutions for financial institutions, government agencies, bankruptcy
 professionals and corporations.  Through a centralized Internet marketplace,
 the company creates opportunities for buyers of financial instruments, real
 estate, personal and intangible property and bankruptcy claims.  Since the
 company began in November 1999, Bid4Assets has conducted more than
 4,000 auctions for assets in all 50 states.  The company is located in Silver
 Spring, Md., phone (301) 650-9193, fax (301) 650-9194.
 
     Bid4Assets is a trademark of Bid4Assets, Inc.
 
 SOURCE  Bid4Assets