Tiger Group’s Remarketing Services division launched GearXpres, an auction marketplace dedicated to offering professional quality broadcast, film and AV equipment under the direction of industry veteran Chris Thompson.

GearXpres kicks off on June 30 with an online auction of factory refurbished, new, and open box professional equipment, including more than $3 million of Sony gear, as well as equipment from Avid, Nvidia, HP, AJA, Cine-Tel, Apple, Panasonic, Newtek, and JVC. Up for sale are digital cinema and broadcast cameras, field and studio decks, wireless mic systems, security systems, teleconference, projection screens, monitors and more. Many of the Sony products—purchased directly from the manufacturer—will be in-box with warranties.

Thompson, who will oversee the auction, joins Tiger Group with more than 30 years of senior executive experience in broadcast and film equipment rentals and sales. He has worked with companies like Avid Technologies and Sony to introduce three of the most widely used broadcast acquisition technologies in the world.

Thompson served as president and CEO of WVI from 1999 to 2007, building it into the largest production and post-production rental company in the country. In March 2007, he led the acquisition of WVI by Telecorps Holdings, and was named Telecorps’ president and CEO.

“GearXpres is a marketplace to connect purchasers with manufacturers, rental companies and anyone else with excess inventory,” he said. “We will hold up to six auctions each year, aggregating excess inventory—including production, post production and AV gear from a variety of sources.”

Online bidding for the equipment will commence June 23 and will close in rapid succession, live auction style, on June 30 beginning at 10:30 a.m. (PT). Previews of the various assets being offered will be held June 29 from 10 a.m. to 4 p.m. (PT) at the American Relocation & Logistics facility located at 13545 Larwin Circle, Santa Fe Springs, CA.

“This sale represents a unique buying opportunity for all levels of filmmakers, videographers, and other AV end-users,” said Thompson. “Big and small resellers, educational and other institutions, as well as integrators, security systems resellers and installers, and others will have a unique opportunity to pick up high-quality equipment from Sony and other manufacturers—many with up to 90-day factory warranties—at remarkably reduced prices.”

For a full catalog of the items offered and details on how to schedule a site visit and bid, click here.