Great American Group® to Coordinate Camtech Manufacturing Auction

Great American Group, Inc. (OTCBB: GAMR), a leading provider of asset disposition, valuation and appraisal services, has been selected to conduct an on-line and on-site auction for Camtech Precision Manufacturing, Inc. – an aerospace company based in Euless, Texas.

The auction, currently scheduled to be held in October, is already garnering attention from potential buyers internationally, according to Sandy Feldman, a senior vice president with Great American Group.

"This is one of the nicest offerings of this type of equipment that has come around in a long time,” Feldman said. "Many of the machines up for auction are not widely available and also take a great deal of time for delivery once ordered from the manufacturer. We’re already receiving inquiries from interested parties in India, Turkey, Japan and China, in addition to the United States and other countries.”

Founded in 1989, Camtech manufactured precision parts for aerospace and defense customers in the United States and internationally. Some of the items being auctioned include 2009 models of both 6- and 5-Axis CNC Machining Centers and Profilers, 3- and 5-Axis CNC Aerospace Gantry Profilers – along with many other large-capacity precision aerospace machining, metal fabrication and assembly equipment.

In addition to the manufacturing equipment, Great American Group is working in cooperation with The Weitzman Group, a commercial real estate brokerage firm, to sell more than five acres of property – along with two industrial buildings – previously owned and operated by the aerospace company. Located in Euless, Texas in Tarrant County between Dallas and Fort Worth, and within minutes from Dallas Fort Worth International Airport and major interstates, the primary site represents 5.275 acres – and 5.478 acres if excess land is considered. The East and West Building sites offer 42,473 square feet and 70,000 square feet, respectively, and both contain a mix of office and manufacturing space.

"Given the distinctive items that are part of the auction, along with the facilities and land itself, this is really a one-of-a-kind sale in many respects,” Feldman said.

For a complete list of auction items, visit www.greatamerican.com. For additional details regarding the Camtech auction, contact Sandy Feldman at 847-444-1400 or email sfeldman@greatamerican.com.

For information about the property and buildings available, contact Larry Denisoff of The Weitzman Group at 214-954-0600 or email denisoff@weitzmangroup.com, or contact Matthew Bordwin from GA Keen Realty Advisors, a division of Great American Group, at 646-381-9222 or email mbordwin@greatamerican.com.

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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.