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Named One of the 50 Fastest Growing Companies in the DC Area by the Washington Business Journal

Mike Lutz- October 07, 2013

The DC area is often more renowned for its Federal government employees and nonprofits than the private sector, but there are a number of successful businesses — ranging from well-known, established companies to tech start-ups — that dot the landscape of the nation’s capital city. Each year, the Washington Business Journal recognizes the 50 fastest growing companies in the Washington area, based on average three-year revenue-growth percentage. Additionally, companies must be headquartered in the DC area and must have had 2010 revenue exceeding $2 million and 2012 revenue of more than $10 million in order to qualify for this award.

Liquidity Services was ranked on this list of fast growing companies in 2013, announced on October 3 at the Fast 50 awards gala. As the leading online marketplace for surplus goods, I was honored to attend this reception on behalf of Liquidity Services and our employees across North America, Europe, and Asia. Our growth story also extends to our hiring, particularly in technology and sales positions. Recently, we received media coverage in the Washington Business Journal on our 30 percent increase in hiring over last year.

We provide unique value to our client base of more than 6,000 government agencies, consumer products companies, retailers, and manufacturers across dozens of industries, and our talented team drives innovation as we continue to transform the reverse supply chain, changing the way businesses manage their surplus assets.

I hope you will take a moment to read our press release on this recognition and peruse our website to find out more about careers at the company. If you are looking for sustainable solutions for surplus assets and inventory, pleasecontact us.

Mike Lutz, Vice President of Human Resources

Mike Lutz leads the company's global Human Resources function and partners with executive leadership to drive HR strategy, leadership development, and integration of HR best practices across the global company. A Human Capital professional for nearly 30 years, Mike has extensive experience in deploying effective HR strategies within mid-sized to large, multi-national corporations such as Corning, Sara Lee Corporation, AT&T/Lucent/Avaya, Kulicke and Soffa Industries, and D&M Holdings. He holds an M.S. in Industrial Relations from Rutgers University's School of Management and Labor Relations.