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Studio-Quality Film Equipment Stars In Once-in-a-Lifetime Sale

--Tiger Remarketing Services helping nationally known camera-rental specialist Otto Nemenz International auction 90% of its film-based inventory.


News provided by

Tiger Remarketing Services

May 30, 2012, 11:00 ET

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HOLLYWOOD, Calif., May 30, 2012 /PRNewswire/ -- Aficionados of professional-quality film equipment take note: One of Hollywood's best-known camera-rental companies will sell 90 percent of its film-based inventory on June 13 in an online auction at www.SoldTiger.com.

Reflecting the industry's rapid shift to digital, the sale by Otto Nemenz International will include 70 camera packages as well as lenses, support, accessories and parts. "This represents a rare opportunity for budding filmmakers on a budget as well as seasoned professionals who simply love the look of film," said Jeff Tanenbaum, president of Tiger Remarketing Services. "When a company of Otto Nemenz's caliber decides to clean house, the result is a tremendous purchase opportunity for some of the best quality and most well-maintained equipment in the industry."

Items will be available for online bidding on June 1 and will close in rapid succession, live auction style, on June 13, beginning at 10:30 a.m. (PDT). Previews will be at 6121 Sunset Blvd. on June 4-5 and June 12, from 10 a.m. to 4 p.m.

Known for its top-quality equipment and sharp focus on customer service, Otto Nemenz International (ottonemenz.com) has grown over the past 30 years to become one of the largest and most respected equipment-rental specialists in the industry.  "The equipment we're selling is in very good condition because we have maintained it well for our rental customers," said Joel Rome, the Hollywood-based company's Inventory Manager. "People have been using these cameras to make successful productions—including major motion pictures, TV shows, commercials, and more —for a long time, so this equipment is still quite viable. Those who want to purchase their own cameras will be able to get great deals during the auction."

In addition to film cameras, the sale will include early generation digital systems, Rome said.

For more information about the auction, including images, visit www.SoldTiger.com.

About Tiger Remarketing Services Division
Tiger Remarketing Services and its affiliates at Tiger Group provide advisory, restructuring, valuation, disposition and auction services within a broad range of retail, wholesale, and industrial sectors.  With over 40 years of experience and substantial 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, convert assets to capital in a variety of ways quickly and decisively.  Tiger's collaborative and no-nonsense approach is the foundation for its many long-term 'partner' relationships and decades of uninterrupted success.  Tiger maintains offices in Boston, Los Angeles, New York and Atlanta. To learn more about Tiger, please visit, www.TigerGroupLLC.com.

SOURCE Tiger Remarketing Services

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