Press Releases
Aug 09

Liquidity Services, Inc. Announces Follow On Offering of Common Stock

WASHINGTON–(BUSINESS WIRE)–March 14, 2007–Liquidity Services,
Inc. (Nasdaq:LQDT) announced today the pricing on March 13, 2007 of
its follow on public offering of 3,500,000 shares of its common stock
at a price of $18.00 per share. Liquidity Services, Inc. (LSI) will
sell 100,000 shares and certain stockholders will sell 3,400,000
shares. In addition, certain stockholders have granted the
underwriters an option to purchase up to 525,000 additional shares of
common stock to cover over-allotments, if any, for a period of up to
30 days. The common stock trades on the NASDAQ National Market under
the symbol “LQDT.”

Friedman, Billings, Ramsey & Co., Inc., CIBC World Markets Corp.
and RBC Capital Markets Corp. are acting as joint-bookrunning
managers. Cantor Fitzgerald & Co., Lazard Capital Markets LLC,
Oppenheimer & Co. Inc. and Stifel, Nicolaus & Company, Incorporated
are acting as co-managers for the offering.

A copy of the prospectus relating to these securities may be
obtained, when available, from: Friedman, Billings, Ramsey & Co., Inc.
at 1001 Nineteenth Street North, 18th Floor, Arlington, VA 22209; CIBC
World Markets Corp. c/o USE Prospectus Department, 425 Lexington
Avenue, 5th Floor, New York, New York 10017,
useprospectus@us.cibc.com; or RBC Capital Markets at Dain Rauscher
Plaza, 60 South 6th Street, Minneapolis, MN 55402-4422.

This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, and there shall not be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.

About Liquidity Services, Inc.

Liquidity Services, Inc. and its subsidiaries enable corporations
and government agencies to market and sell surplus assets and
wholesale goods quickly and conveniently using online auction
marketplaces and value-added services. The company is based in
Washington, D.C. Additional information can be found at:
www.liquidityservicesinc.com.

CONTACT: Media Contact:
Liquidity Services, Inc.
Julie Davis, 202-467-6868 ext 234
julie.davis@liquidityservicesinc.com

SOURCE: Liquidity Services, Inc.