SOURCE: Great American Group, Inc.

Great American Group, Inc.

August 16, 2011 17:40 ET

Great American Group® Hosts Live Webcast Auction for Star Envelopes Aug. 25

WOODLAND HILLS, CA--(Marketwire - Aug 16, 2011) - Envelope machines, printing presses, a die press and assorted printing equipment located at three former sites operated by Star Acquisitions, LLC will be available for sale during a live Webcast auction beginning at 11 a.m. (EDT) Thursday, August 25, hosted by Great American Group, LLC (OTCBB: GAMR), a leading provider of asset disposition, valuation and appraisal services.

Star Acquisitions, LLC, which conducted business under the name Star Envelopes, filed for Chapter 11 bankruptcy protection on May 16 of this year. Based in Power Springs, Georgia, a suburb of Atlanta, the company operated from two other locations in Baltimore, Maryland and San Antonio, Texas.

"There are several items up for bid, but we expect the most attention will go to Champion RAWA envelope machines and the Heidelberg presses that are being auctioned," according to Sandy Feldman, a senior vice president with Great American Group.

Specifically, three Champion RAWA 600 Envelope Machines with Smithe Web Feed, featuring three-color capabilities, a side seam web attachment and high-speed patch attachment, will be auctioned, along with two standard RAWA 600 Envelope Machines, seven Champion Wide Range Standard Envelope Machines, a Champion RA 600 Rotomatic Envelope Machine and two Heidelberg 12-inch printing presses.

Other items include two National model HY60-L Hydraulic Carton Bailers, four Champion die presses and a Hyster model 580XM LP Gas Powered Lift Truck.

The equipment can be inspected from 9 am until 4 pm on Wednesday, August 24 or just prior to the auction.

For a complete list of auction items and inspection locations, visit www.greatamerican.com. For additional details regarding the Star Acquisitions live Webcast auction, contact Sandy Feldman at 847-444-1400.

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About Great American Group

Great American Group, LLC, is a leading provider of asset disposition solutions and valuation and appraisal services to a wide range of retail, wholesale and industrial clients, as well as lenders, capital providers, private equity investors and professional service firms. Great American Group has offices in Atlanta, Boston, Chicago, Dallas, London, Los Angeles, New York and San Francisco. For more information, contact (818) 884-3737 or visit www.greatamerican.com.

Contact Information

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    Great American Group
    Laura Drummond
    Vice President of Marketing
    847-444-1400 ext. 2312
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    Ron Whittington
    Mulberry Marketing Communications
    904-355-8680
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