Press Releases
Dec 01

Partnership Helps Machinery Dealers Sell Surplus Equipment

Bidding opens June 15 for variety of CNC, Fabrication and Shop
equipment

WASHINGTON–(BUSINESS WIRE)–May 20, 2015–
Liquidity Services (NASDAQ: LQDT), a global solution provider in the
reverse supply chain with the world’s largest marketplace for business
surplus, is pleased to announce a new partnership with the Machinery
Dealers National Association (MDNA). Through the partnership, MDNA
members gain preferred access to Liquidity Services’ valuable online
marketplace and proprietary AssetZone® asset management solution, to
inventory, redeploy, and/or sell their surplus equipment.

“We chose Liquidity Services as they are a company within our membership
that has tremendous global reach to buyers and is well-known for
exemplifying the high standards and integrity of the MDNA. This level of
market access will help our members reach buyers that they might not
have been able to attract on their own. Moreover, it is a no risk
opportunity for our members and it benefits all,” said Dan Strand, MDNA
Past President & MDNA Board Member.

The online auctions will be regularly scheduled events. Bidding for the
MDNA equipment in the first auction opens Monday, June 15 at 12am ET at
Liquidity Services’ online marketplace www.Go-Dove.com.
Please visit the auction webpage for more details and to sign up for the
event at http://www.go-dove.com/en/events?cmd=details&event=501373.

“We are honored by this partnership and eager to add to our MDNA friends
and colleagues,” said Nick Taylor, Vice President of Global Sales at
Liquidity Services. “Our extensive buyer base and proven marketing and
sales strategies now empower MDNA members to turn their surplus
equipment into an additional revenue source for their businesses.”

About Liquidity Services

Liquidity Services is a global solution provider in the reverse supply
chain with the world’s largest marketplace for business surplus. We
partner with global Fortune 1000 corporations, middle market companies,
and government agencies to intelligently transform surplus assets and
inventory from a burden into a liquid opportunity that fuels the
achievement of strategic goals. Our superior service, unmatched scale,
and ability to deliver results enable us to forge trusted, long-term
relationships with over 7,000 clients worldwide. With approximately $1
billion in annual sales proceeds, and nearly 3 million buyers in almost
200 countries and territories, we are the proven leader in delivering
smart surplus solutions. Let us build a better future for your surplus.
Visit us at www.LiquidityServices.com.

About MDNA:

MDNA is an international nonprofit trade association, established in
1941 to promote the used machinery industry. MDNA members include
machinery dealers, auctioneers, and appraisers. Our dealer and
auctioneer members offer the most extensive selection of used machinery
in the world, with thousands of machines available in warehouses and
plants across the globe. Visit us at www.MDNA.org.

Source: Liquidity Services and Machinery Dealers National Association (MDNA)

Liquidity Services
Jen Porter, APR, 202-467-5473
Senior
Manager, Marketing Operations
[email protected]
or
MDNA
Jennifer
Gray, 703-836-9300
Marketing Manager
[email protected]