Press Releases
Feb 18

Liquidity Services Announces Appointment of Michael Sweeney as Chief Accounting Officer

WASHINGTON–(BUSINESS WIRE)–Feb. 22, 2016–
Liquidity Services (NASDAQ: LQDT), a global solution provider in the
reverse supply chain with the world’s largest marketplace for business
surplus, is pleased to announce the appointment of Michael Sweeney as
Chief Accounting Officer, effective today. Mr. Sweeney will report to
Jorge Celaya, Executive Vice President and Chief Financial Officer.

With more than 25 years of accounting experience, Mr. Sweeney will lead
the Company’s accounting and financial reporting team. Prior to joining
the Company, from 2003 to 2016, Mr. Sweeney held multiple senior level
finance positions with Computer Sciences Corporation, a multi-billion
dollar, global technology provider. His roles included Finance
Transformation Project Global Process Owner for Accounting; Controller
North American Public Sector; Interim Corporate Controller and Principal
Accounting Officer; Chief Accounting Officer for Technical Accounting;
Assistant Corporate Controller; and Corporate Director Finance. Prior to
joining CSC, Mr. Sweeney worked for DynCorp, Growth Stock Outlook and
Price Waterhouse. Mr. Sweeney holds professional certifications as a
certified public accountant, a chartered financial analyst and a
chartered global management accountant. He also holds an MBA from George
Mason University and a BBA from University of Notre Dame.

About Liquidity Services

Liquidity Services is a global solution provider in the reverse supply
chain with the world’s largest marketplace for business surplus. The
company partners with global Fortune 1000 corporations, middle market
companies, and government agencies to intelligently transform surplus
assets and inventory from a burden into a liquid opportunity that fuels
the achievement of strategic goals. The company’s superior service,
unmatched scale and ability to deliver results enable it to forge
trusted, long-term relationships with over 8,000 clients worldwide. With
nearly $6 billion in completed transactions, and approximately three
million buyers in almost 200 countries and territories, the company is
the proven leader in delivering smart surplus solutions. To learn more
about Liquidity Services, please visit LiquidityServices.com.

Source: Liquidity Services

Liquidity Services
Julie Davis
Senior Director, Investor
Relations
202-558-6234
[email protected]