Press Releases
Dec 01

Liquidity Services Expands in the U.K.

Company Opens New Office in Aberdeen to Provide Asset Management
and Valuation Services to the North Sea Offshore Oil and Gas Industry

WASHINGTON & LONDON–(BUSINESS WIRE)–Feb. 17, 2017–
Liquidity
Services
(NASDAQ: LQDT), a global solution provider in the reverse
supply chain with the world’s largest marketplace for business surplus,
announced today that is has opened a new office in Aberdeen, Scotland to
support expanding operations of its Capital Assets Group in the North
Sea region. Company experts are now available to assist operators in the
region’s offshore oil and gas industry with the valuation and sale of
their surplus assets via two of its online marketplaces, Network
International (NetworkIntl.com)
and GoIndustry DoveBid (Go-Dove.com).
Network International and GoIndustry DoveBid are e-commerce sites where
energy assets in more than 150 categories are sold to a global buyer
base of more than three million.

“Due to the wide scale decommissioning of rigs in the North Sea region,
coupled with lower commodity prices, energy companies are aggressively
looking for solutions to generate cash,” said Daniel Beck, vice
president of global sales for Liquidity Services’ Capital Assets Group.
“With the addition of our Aberdeen office, we are now well-positioned to
more effectively and efficiently help clients in the region value and
sell their surplus oil and gas assets, recovering tangible value for
their unwanted equipment. This expansion also helps us continue growing
our global network of buyers in the energy sector, connecting them to
affordable used equipment that will help them continue meeting
production demands.”

For more information about the services provided by Liquidity Services’
Aberdeen office, contact Nick Abram, director, at +44 (0) 1224 968 782
(office), +44 (0)7876 491 225 (mobile) or [email protected].

About Liquidity Services

Liquidity Services (NASDAQ: LQDT) employs innovative e-commerce
marketplace solutions to manage, value and sell inventory and equipment
for business and government clients. The company operates a network of
leading e-commerce marketplaces that enable buyers and sellers to
transact in an efficient, automated environment offering over 500
product categories. Our superior service, unmatched scale and ability to
deliver results enable us to forge trusted, long-term relationships with
over 9,000 clients worldwide. With nearly $7 billion in completed
transactions, and 3 million buyers in almost 200 countries and
territories, we are the proven leader in delivering smart commerce
solutions. Visit us at LiquidityServices.com.

Source: Liquidity Services

Liquidity Services
Jeanette Hanfling, Director of Public Relations
202-467-5723
[email protected]