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Rhythm & Hues Assets to Be Auctioned

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Tiger Group‘s Remarketing Services Division announced the launch of an online auction for a wide range of computer graphics workstations, multimedia displays, office furniture and film equipment formerly owned by Rhythm & Hues.

The Academy Award-winning visual effects company filed for Chapter 11 Bankruptcy Protection in February, following a decline in its volume of work. In March, a federal bankruptcy judge approved the sale of Rhythm & Hues to a wholly owned affiliate of Prana Studios – an animation and visual effects studio with production offices in Los Angeles and Mumbai, India. The company is now selling items that are not needed for its future operations.

Bidding on the company’s former assets at www.SoldTiger.com will close in rapid succession, live auction style, July 24 at 10:30 a.m. (PT). A preview will be held at 2100 East Grand Ave., El Segundo, July 23, from 10 a.m. to 4 p.m.

“The deep quantities of quality computers and office furniture make this an ideal sale for both individual buyers and large companies to make some great purchases,” said Jeff Tanenbaum, president of Tiger’s Remarketing Services Division. “With hundreds of identical computer workstations, hundreds of matching Aeron chairs, hundreds of matching desks, and more, companies participating in this sale can completely outfit a new office or do an office makeover.”

The auction includes over 150 dual core graphics computer workstations with Creative Audigy audio cards and GeForce graphics cards; Acer, HP and Viewsonic HD and widescreen HD displays up to 24 inches; Sun and SGI GDM monitors, and Polycom IP330 phones.

Film-related equipment includes a 2006 FilmLight Northlight scanner, an ARRI Arrilaser film recorder, and two animation cameras with slides, film and magazines.

For information, visit www.SoldTiger.com.

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