Press Releases
Aug 18

Liquidity Services, Inc. Honored with Three International WebAwards for Outstanding Web Site Development

WASHINGTON–(BUSINESS WIRE)–Oct. 15, 2007–Liquidity Services,
Inc. is revolutionizing the way professional buyers and small
businesses source wholesale, surplus and salvage goods through its
online auction marketplaces. Today the company announced that its
marketplaces have been honored with three awards in the 2007 WebAward
competition sponsored by the Web Marketing Association. LSI’s
commercial marketplace, www.liquidation.com, earned its second
consecutive Best in Category award for Best Auction Website;
www.govliquidation.com, the company’s online auction site for
government surplus, received the Auction Standard of Excellence; and
www.goWholesale.com won its second consecutive award for Directory or
Search Engine Standard of Excellence.

Through these marketplaces, LSI provides a registered buyer base
of over 650,000 professional buyers with a consistent flow of
wholesale and surplus inventory from Fortune 500 retailers,
manufacturers and distributors as well as federal, state and local
government agencies.

LSI designed its online auction marketplaces to provide
professional buyers a centralized location to quickly and efficiently
source inventory. The functionality and navigation of each marketplace
addresses buyer-specific needs and provides the following benefits:

  • Robust product search capabilities including keyword,
    category, lot size, condition and location information help
    buyers quickly find relevant products

  • Intelligent and customized email alerts keep buyers informed
    of upcoming auctions

  • Superior product information such as digital images, detailed
    descriptions, technical information and shipping dimensions
    enable more informed bidding

  • Shipping quotes assure buyers can estimate the total cost of
    delivery in advance of a bidding decision

  • Online My Account tools keep buyers informed of transaction
    status through real-time tracking and reporting functionality

The complementary site, goWholesale.com, is a vertical search
portal that connects advertisers with buyers seeking wholesale
products for resale and related business services. goWholesale is
designed to help small businesses including retailers, e-tailers and
auction sellers find products and service providers as well as
business and industry information. In addition, goWholesale provides
an online community forum to allow the wholesale business community a
place to share viewpoints and ideas.

“The dedication and talent of LSI’s marketing and technology teams
have enabled us to design and implement sites that not only meet the
needs of our clients, but also set the industry standard for
innovation, design, content and usability,” said Bill Angrick,
Chairman and CEO of LSI. “We are honored to be recognized by the Web
Marketing Association for the second year in a row as top performers
in the Auction and Search Engine categories. These awards demonstrate
our ongoing commitment to providing online solutions that effectively
address the needs of our clients.”

About the Web Marketing Association

The Web Marketing Association is working to create a high standard
of excellence for Web site development and marketing on the Internet.
Staffed by volunteers, it is made up of Internet marketing,
advertising, PR and design professionals who share an interest in
improving the quality of Website development and marketing on the
Internet. Since 1997, the Web Marketing Association’s annual WebAward
Competition has been helping interactive professionals promote
themselves, their companies, and their best work to the outside world.
Now in its eleventh year, the WebAward Competition has become the
premier award event for Web developers and marketers worldwide.

About Liquidity Services, Inc. (LQDT)

Liquidity Services, Inc. (NASDAQ:LQDT) 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. and has over 550 employees. Additional information
can be found at: www.liquidityservicesinc.com.

CONTACT: Liquidity Services, Inc.
Julie Davis, 202-558-6234
julie.davis@liquidityservicesinc.com

SOURCE: Liquidity Services, Inc.