Press Releases
Aug 11

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

WASHINGTON, Oct 02, 2006 (BUSINESS WIRE) — Liquidity Services, Inc. (LSI) today announced that its online
auction marketplace, www.liquidation.com, and its wholesale industry
search portal, www.goWholesale.com, have been honored in the 2006
WebAward competition sponsored by the Web Marketing Association.
Liquidation.com earned the best in category award for Best Auction
Website and goWholesale.com earned the honor of Directory or Search
Engine Standard of Excellence.

The WebAwards, now in its 10th year, is the premier annual award
competition recognizing the individual and team achievements of Web
professionals who create and maintain corporate Web sites. Nominated
sites are judged against Internet standards and peer sites within
their industry on seven different criteria including design,
innovation, content, technology, interactivity, copywriting and ease
of use. More than 2,300 nominations came from interactive agencies and
Web site marketing departments in more than 35 countries from around
the world.

Liquidation.com provides a registered buyer base of over 489,000
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. Significant
enhancements in the past year include:

— Updated look and feel of site to be more cohesive and
consistent with a B2B focus;

— Improved search functionality to enable buyers to search a
wider mix of lot characteristics such as lot size, condition,
shipping terms, and location;

— Refined navigation to improve the user experience;

— Additional popup windows that provide more information on
auction terms and concepts.

The complementary site, goWholesale.com, is a vertical search
portal that connects advertisers with buyers seeking wholesale
products for resale and related business services. In the past year,
goWholesale has upgraded its features to include:

— Customized banner options that maximize buyer interest in
brands, products and services through enhanced visual design
such as rich media, flash and animation;

— Modified top navigation bar for higher visibility, resulting
in longer site visits;

— Redesigned search results pages to generate better results for
both users and advertisers.

“We’re very proud to be recognized by the Web Marketing
Association as a benchmark platform in the Auction and Search Engine
categories,” said Bill Angrick, Chairman and CEO of LSI. “These awards
validate LSI’s commitment to providing online marketplaces that
effectively address the needs of our buyer and seller audiences. The
dedication and talent of LSI’s marketing and technology staff has
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.”

Established in 1997, the Web Marketing Association has set a high
standard for Internet marketing and corporate web development on the
World Wide Web. The Boston-based organization is staffed by volunteers
and is made up of Internet marketing, advertising, PR and design
professionals from across the nation. Judges for its 2006 WebAward
competition included members of the media, advertising executives,
site designers, content providers and webmasters.

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 350 employees. Additional information can be
found at: www.liquidityservicesinc.com.

SOURCE: Liquidity Services, Inc.

Media Contact:

Liquidity Services, Inc.

Julie Davis, 202-558-6234

Julie.davis@liquidityservicesinc.com