Active Assets Announces Latin American Partners

North American companies will soon be able to sell surplus industrial assets and inventory in the
Latin American market through a direct electronic pipeline to established auctioneers and sales
agents in Latin America and Spain, thanks to agreements signed by Miami-based Active
AssetsandAssociates Inc. and several Spanish and Latin American partners in Argentina, Brazil,
Chile, Colombia, Mexico and Venezuela.The hands-on, personalized service we provide customers
through our network will be invaluable, said Richard Clark, president, Active Assets. Our research
has clearly demonstrated that buyers and sellers of big ticket corporate assets want to talk to
real people during the course of their on-line transactions.Provided services will include product
assurances, third-party appraisal and inspection services, freight calculation and forwarding,
customs regulations assistance, financing and escrow.

September 2000