Press Releases
Mar 08

Liquidity Services, Inc. Launches New European Auction Marketplace,, to Expand Global Presence

WASHINGTON–(BUSINESS WIRE)–July 26, 2006– provides online marketplace to connect European
corporations and government agencies with professional buyers of
wholesale, surplus and salvage assets

Liquidity Services, Inc. (NASDAQ:LQDT), a leading online auction
marketplace for wholesale, surplus and salvage assets, announced today
the launch of its new online auction marketplace,
The new marketplace, translated in English and German, provides a
central location for European-based corporations and government
agencies to sell wholesale, surplus and salvage goods to a European
and international buyer base. The creation of a dedicated European
marketplace enables Liquidity Services, Inc. (LSI) to effectively
address the unique requirements of large sellers and professional
buyers throughout Europe.

The launch of provides European corporations and
government agencies with a liquid marketplace and value-added services
to more efficiently manage the flow of goods in the reverse supply
chain. These assets include customer returns, overstock products and
end-of-life goods from both corporate and government sectors. The
marketplace is designed to provide a comprehensive solution to quickly
bring these assets to market and enhance the financial value by
attracting thousands of professional buyers seeking to purchase large
lots of surplus goods.

LSI also provides integrated value-added services such as sales,
marketing, logistics and customer support services to further simplify
the sales process and create value for the seller. LSI holds contracts
with large sellers in Europe such as the United Kingdom Ministry of
Defence (MoD) and the United States Department of Defense (DoD) in the
UK and Germany.

“European organizations are under significant pressure to meet
legislative demands governing the disposition of goods in the reverse
supply chain processes,” said Bill Angrick, Chairman and CEO of
Liquidity Services. “The launch of better positions
LSI to provide European organizations with a comprehensive solution
that simplifies the reverse logistics process, enhances the financial
return on goods sold and allows organizations to return time and
resources back to tier one business processes.”

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:

CONTACT: Liquidity Services, Inc
Julie Davis, 202-467-6868 ext. 234
[email protected]

SOURCE: Liquidity Services, Inc