Press Releases
Aug 18

Liquidity Services, Inc. Files Registration Statement with the SEC for a Secondary Public Offering

WASHINGTON, Feb 13, 2007 (BUSINESS WIRE) — Liquidity Services, Inc. (NASDAQ:LQDT) announced today that it has
filed a registration statement with the Securities and Exchange
Commission for the offering of 5,579,541 shares of its common stock in
a proposed secondary public offering. LSI will issue and sell 100,000
shares and certain stockholders of LSI will sell the remaining
5,479,541 shares.

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

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, or
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 Two Embarcadero
Center, Suite 1200, San Francisco, CA 94111.

A registration statement relating to these securities has been
filed with the Securities and Exchange Commission but has not yet
become effective. These securities may not be sold nor may offers to
buy be accepted prior to the time the registration statement becomes
effective. This release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any State in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such State.

SOURCE: Liquidity Services, Inc.

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