Press Releases
Aug 11

Liquidity Services, Inc. Growth Fuels 100 New Hires in 2012; Plans To Hire 25 More Positions in the Next Quarter

WASHINGTON–(BUSINESS WIRE)–Aug. 8, 2012–
Liquidity Services, Inc. (NASDAQ: LQDT), which operates leading online
marketplaces for corporate and government surplus and salvage assets,
today announced that it has hired more than 100 employees this fiscal
year and is actively seeking qualified candidates for 25 new positions
over the next quarter. Driven by strong demand for its services among
large retailers, manufacturers, and government agencies, the Company is
seeking to fill new positions and job vacancies in information
technology, sales, marketing, and operations roles.

“Our hiring and leadership development strategy is consistent with the
forecasted growth of our business as we continue to transform the
reverse supply chain,” said Bill Angrick, Chairman and CEO of Liquidity
Services. “Our recruiting team is currently onboarding top talent that
embraces our Company’s entrepreneurial spirit, customer focus, and
relentless improvement culture as we continue to expand our business
within and across vertical industries.”

Liquidity Services recently reported record financial results for the
quarter ending June 30, 2012 during which Gross Merchandise Volume, the
total sales volume of all merchandise sold through the Company’s
marketplaces, grew 52% over the prior year period to $225.6 million. The
Company has experienced 39 consecutive quarters of growth and is a
trusted provider of asset recovery solutions to over 4,700 selling
clients and 2.2 million registered buyers worldwide.

The Company has a long history of innovation and service excellence
within the commercial and public sector markets. Liquidity Services
recently announced it will receive the prestigious Vendor Excellence
Award from the U.S. Defense Logistics Agency (DLA); the Company’s fourth
such award from the DLA for its continued performance and excellence in
managing the U.S. Department of Defense’s surplus and scrap sales
activities. Liquidity Services also earned placement in the Forbes List
of 100 Best Small Cap Growth Companies in America for the fourth
consecutive year.

Interested and qualified job candidates are encouraged to apply to
Liquidity Services at its corporate website, www.liquidityservicesinc.com.

About Liquidity Services, Inc.

Liquidity Services, Inc. (NASDAQ: LQDT) provides leading corporations,
public sector agencies and buying customers the world’s most
transparent, innovative and effective online marketplaces and integrated
services for surplus assets. On behalf of its clients, Liquidity
Services has completed the sale of over $2.6 billion of surplus,
returned and end-of-life assets, in over 500 product categories,
including consumer goods, capital assets and industrial equipment. The
company is based in Washington, D.C. and has over 1,100 employees.
Additional information can be found at: http://www.liquidityservicesinc.com.

Source: Liquidity Services, Inc.

Liquidity Services, Inc.
Sultana F. Ali, APR
202-467-6868
x2350 (o)
407-719-7060 (m)
sultana.ali@liquidityservicesinc.com