Sharper Image® Store Closing Sale Now Underway at All Locations

20% To 40% Discounts Offered on All Merchandise,
Just in Time for Father's Day

NORTHBROOK, Ill.--(BUSINESS WIRE)--Store closing sales have just begun at all 86 Sharper Image^® stores as part of a major transformation of the Sharper Image brand. Over $50 million of inventory is being sold.

Discounts of 20% to 40% are now being offered on all merchandise in all stores. Consumers will be able to take advantage of deep discounts and important savings on electronics and toys as well as products for the home, personal care, the office and travel.

The store closing program is led by Hilco Merchant Resources, LLC and Gordon Brothers Retail Partners, LLC. Michael Keefe, President of Hilco Merchant Resources stated, “This is an outstanding opportunity for consumers to realize unprecedented savings on a remarkable selection of products not to be found anywhere but in Sharper Image stores. This is sure to be a very popular sale, which will not last very long and comes at a perfect time for making Father's Day gift purchases."

Going forward, transformation of the Sharper Image brand will be led by Hilco Consumer Capital, LLC, Gordon Brothers Brands, LLC and additional joint venture partners. The group, which purchased the iconic brand at a bankruptcy auction on May 29, 2008, has developed a global licensing strategy for wholesale, retail, direct-to-retail (DTR), e-commerce and catalog businesses that will exploit The Sharper Image’s heritage of quality, excitement, innovation and fun. The Sharper Image brand will be extended internationally in both existing and new product categories.

Store closing sales are being conducted at all Sharper Image locations:

Store Location	Address	City	St.
The Summit	250 Summit Blvd.	Birmingham	AL
Chenal Place	12319 Chenal Pkwy.	Little Rock	AR
Kierland Commons	15054 N. Scottsdale Rd.	Scottsdale	AZ
Chandler Fashion Ctr.	3111 West Chandler Blvd.	Chandler	AZ
South Bay Galleria	1815 Hawthorne Blvd. 160	Redondo Beach	CA
Fashion Island	401 Newport Ctr., A 225	Newport Beach	CA
Main Place	2800 N. Main 652	Santa Ana	CA
Village @ Corte Madera	1544 Redwood Hwy.	Corte Madera	CA
Fashion Valley Mall	7007 Friar’s Rd.	San Diego	CA
Valley Fair Mall	2855 Stevens Creek Blvd.	Santa Clara	CA
Stanford Shopping Ctr.	16 Stanford Shopping Ctr.	Palo Alto	CA
Gardens on El Paseo	73-595 El Paseo	Palm Desert	CA
Mission Viejo	440 Shops at Miss. Viejo	Mission Viejo	CA
Hillsdale Ctr.	160 Hillsdale Ctr.	San Mateo	CA
The Oaks Ctr.	578 West Hillcrest Dr.	Thousand Oaks	CA
Stoneridge Ctr.	1650 Stoneridge Mall Rd.	Pleasanton	CA
Victoria Gardens	12434 South Main St.	Rancho Cucamonga	CA
Santa Anita	400 S. Baldwin Ave.	Arcadia	CA
Cherry Creek Ctr.	Space 163	Denver	CO
Aspen Grove	7301 South Santa Fe Dr.	Littleton	CO
Georgetown Park	3222 M St. NW	Washington	DC
Town Ctr. Boca Raton	276 Town Ctr.	Boca Raton	FL
Gardens	3101 PGA Blvd., Sp 125	Palm Bch. Gdns	FL
Dadeland Mall	7507 N. Kendall Dr.	Miami	FL
Sawgrass Mills	12801 W. Sunrise, Sp. 331	Sunrise	FL
Aventura Mall	Room 1721	Aventura	FL
Florida Mall	8001 S. Orange Blossom Tr.	Orlando	FL
International Plaza	2223 N. West Shore Blvd.	Tampa	FL
The Mall at Millenia	4200 Conroy Rd., Suite 290	Orlando	FL
St. Johns Town Ctr.	4712 River City Dr.	Jacksonville	FL
North Point Mall	1030 North Point Circle	Alpharetta	GA
Oglethorpe Mall	7804 Abercorn Extension	Savannah	GA
Phipps Plaza	3500 Peachtree Rd. NE	Atlanta	GA
Ala Moana Ctr.	1450 Ala Moana Blvd. 2232	Honolulu	HI
Queen Kaahumanu Ctr.	275 W. Kaahumanu Ave.	Kahului	HI
Woodfield Ctr.	L103 Woodfield	Schaumburg	IL
Oakbrook Ctr.	500 Oakbrook Ctr.	Oak Brook	IL
Keystone Crossing	8701 Keystone Crossing	Indianapolis	IN
Oxmoor Ctr.	7900 Shelbyville Rd.	Louisville	KY
Lakeside Ctr.	3301 Veterans Mem. Blvd.	Metairie	LA
Natick Collection	1245 Worcester St.	Natick	MA
Montgomery Mall	7101 Democracy Blvd.	Bethesda	MD
Somerset Collection	W 2801 Big Beaver Rd.	Troy	MI
Country Club Plaza	333 West 47th St.	Kansas City	MO
Crabtree Valley Mall	4325 Glenwood Ave.	Raleigh	NC
SouthPark Mall	4400 Sharon Rd.	Charlotte	NC
Mall at Short Hills	1200 Morris Turnpike	Short Hills	NJ
Bridgewater Commons	400 Commons Way, # 159	Bridgewater	NJ
Garden State Plaza	Routes 4 & 17	Paramus	NJ
Marlton Square Ctr.	300 Route 73 South	Marlton	NJ
Menlo Park Mall	55 Parsonage Rd., Unit 441	Edison	NJ
ABQ Uptown	2201 Q St. NE	Albuquerque	NM
Fashion Show	3200 Las Vegas Blvd.	Las Vegas	NV
Crossroads Commons	8885 West Charleston	Las Vegas	NV
Green Valley Ranch	2225 Village Walk Dr.	Henderson	NV
Galleria at Sunset	1300 West Sunset Rd.	Henderson	NV
10 West 57th St.	10 West 57th St.	New York	NY
The Westchester	125 Westchester Ave. 3180	White Plains	NY
Roosevelt Field Ctr.	Space 2081	Garden City	NY
Palisades Ctr.	2562 Palisades Ctr. Dr.	West Nyack	NY
Smith Haven Mall	138 Smith Haven Mall	Lake Grove	NY
Eton Chagrin Blvd.	28853 Chagrin Blvd.	Woodmere	OH
Easton Town Ctr.	4205 The Strand	Columbus	OH
Penn Square Mall	1901 Northwest Expressway	Oklahoma City	OK
Woodland Hills Mall	7021 South Memorial	Tulsa	OK
Washington Square	9348 SW Washington Sq. Rd.	Tigard	OR
Plaza King of Prussia	160 North Gulph Rd.	King of Prussia	PA
Village at Sandhill	470-16 Town Ctr. Place	Columbia	SC
Mall at Green Hills	2126 Abbott Martin Rd.	Nashville	TN
Preston Ctr.	8411 Preston Rd. 130	Dallas	TX
North Star Mall	7400 San Pedro	San Antonio	TX
Houston Galleria 3	5175 Westheimer Ste 2430	Houston	TX
Baybrook Mall	1042 Baybrook Mall	Friendswood	TX
NorthPark Ctr.	624 Northpark Ctr.	Dallas	TX
Sugar Land Town Sq.	16165 City Walk	Sugar Land	TX
Highland Village	4056 Westheimer	Houston	TX
Market St. - Woodlands	9595 Six Pines Dr.	The Woodlands	TX
Barton Creek Square	2901 Capital of Texas Hwy.	Austin	TX
La Plaza Mall	2200 S 10th St, Space P-01	McAllen	TX
Shops at La Cantera	15900 La Cantera Pkwy.	San Antonio	TX
Tysons Galleria	2001 International Dr.	McLean	VA
Dulles Town Ctr.	21100 Dulles Town Circle	Dulles	VA
Century Square 116	1501 Fourth Ave.	Seattle	WA
Bellevue Square	264 Bellevue Square	Bellevue	WA
Alderwood Mall	3000 184th St. Southwest	Lynnwood	WA
Mayfair Mall	2500 North Mayfair Rd.	Wauwatosa	WI

About The Hilco Organization

Hilco is a privately-held, diversified financial and operational services firm whose principal competency is understanding the value of tangible and intangible business assets. Using this knowledge, Hilco appraises, buys, sells, finances and enhances the performance of business assets, including consumer products and industrial inventory, machinery and equipment, real estate, accounts receivable and intellectual property. Hilco serves retailers, wholesalers, distributors and manufacturers, direct and through their financial institutions and consulting professionals. Hilco also serves lenders, private equity firms, hedge funds and investment banking firms. For more information, visit: www.hilcotrading.com.

About Gordon Brothers Group, LLC:

Founded in 1903, Gordon Brothers Group (www.GordonBrothers.com) is a global advisory, restructuring and investment firm specializing in retail and consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, appraising assets, providing debt financing, making private equity investments, and operating businesses for extended periods. Gordon Brothers Group conducts over $40 billion in annual transactions and appraisals.