Heritage Global Partners Appoints Auction Industry Veterans Tom Laster and Nicholas Jimenez to Executive Vice President

San Diego, CA – April 1, 2013 – Heritage Global Partners (“HGP”), a global leader in asset advisory and auction services and a wholly owned subsidiary of Counsel RB Capital (OTCQB: CRBN), announced today that Tom Laster and Nick Jimenez have been named Executive Vice President.  Both appointments are effective immediately.  Messrs. Laster and Jimenez will develop and manage Fortune 500 global accounts, providing client asset management and execution of HGP’s wide array of revenue generation initiatives.

Mr. Laster has over two decades of relevant asset advisory and auction services experience with a specialized focus on OEM, Channel and Enterprise businesses. Prior to joining Heritage, he served for 10 years as VP of Sales at GoIndustry-DoveBid.  During his tenure there, Mr. Laster was consistently a top sales performer, providing significant brand leverage in key vertical markets for his many clients.

Mr. Jimenez brings over 15 years of expertise assisting corporate clients in maximizing the value of their surplus capital equipment.  He spent more than 12 years with GoIndustry-DoveBid, developing and implementing a variety of successful asset disposition programs on behalf of his clients.  Mr. Jimenez had been employed by GE Capital in numerous leadership roles, the last being Key Accounts Manager.

Led by auction industry pioneers Ross and Kirk Dove, Heritage Global Partners is one of the leading worldwide asset advisory and auction services firms, assisting companies with buying and selling assets. HGP specializes in asset brokerage, inspection, and valuations, industrial equipment and real estate auctions, and much more.