B. Riley Financial
May 16, 2012

Great American Group® Schedules June Auction for Auto Manufacturing Equipment

- Webcast Auction Planned to Market Equipment from former Flo-Pro Plant in New Hampshire

WOODLAND HILLS, Calif.--(BUSINESS WIRE)-- A variety of automotive component manufacturing equipment will be available for sale during a live webcast auction beginning at 11 a.m. (EDT) Thursday, June 14 hosted by Great American Group, LLC (OTCBB: GAMR), a leading provider of asset disposition, valuation and appraisal services.

The auction is expected to generate a lot of interest among automotive parts operators who specialize in the production of CV joint and axles, according to Roy Gamityan, a senior vice president and auctioneer with Great American Group.

"Before they closed their doors, Flo-Pro, Inc. primarily manufactured CV joints and axles used by the automotive industry," Gamityan said. "We expect the eight 2004 AES 5-Axis grinders, Met Fin Series Five Throughfeed Shot Blast Finishing Machine, and a Proceco 2-Stage Automated Parts Washer will be sought after by plants that continue to operate in this support capacity for auto makers."

Auction items can be inspected from 8 a.m. to 4 p.m. (EDT) Wednesday, June 13 and from 8 to 11 a.m. (EDT) Thursday, June 14 at the former Flo-Pro facility, located at 10 Iron Horse Dr., Bedford, New Hampshire.

Some of the items up for auction include five Constant Velocity Systems CV Inner Race Joint Grinders, axle balancing machines and JV joint pullers and analyzers, Hines Axle Balancing Machines, Goff Desa Shot Blast Machine, a Hydro Filter Central Oil Filter System, forklifts and related plant support material.

For information on all the items available, contact Gamityan at 818-884-3737 or at email rgamityan@greatamerican.com or visit http://www.greatamerican.com/auctions/auctions.aspx.

Based in Bedford, New Hampshire, Flo-Pro, Inc. had manufactured car components until it closed its doors in early February.

About Great American Group, LLC (GAMR-G)

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, Charlotte, North Carolina, Chicago, Dallas, London, Los Angeles, New York, and San Francisco. For more information, contact (818) 884-3737 or visit www.greatamerican.com.

Great American Group
Connie Stevens, Marketing Manager, 847-444-1400 ext. 2320
Mulberry Marketing Communications
Ron Whittington, Senior Account Executive, 904-355-8680

Source: Great American Group, LLC

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