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Liquidity Services Celebrates Earth Day 2017

April 21, 2017

Company’s E-commerce Marketplaces Help Give New Life to Nearly $7 Billion in Surplus Assets

WASHINGTON--(BUSINESS WIRE)--Apr. 21, 2017-- Liquidity Services (NASDAQ: LQDT), a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus, celebrates Earth Day 2017 and its commitment to helping more than 9,000 business and government clients worldwide enhance their sustainability efforts. Since its founding in 1999, the company has helped give new life to nearly $7 billion in surplus assets and disposed of more than three billion pounds of unwanted scrap materials by selling them to a global buyer base via its online marketplaces GoIndustry Dovebid, GovDeals, Government Liquidation, Liquidation.com and Network International.

“We are pleased to celebrate Earth Day 2017 and recognize the efforts of individuals and businesses across the globe who are intelligently integrating sustainability initiatives into their core business,” said Bill Angrick, chairman and CEO of Liquidity Services. “Not only do these efforts help keep our planet clean and ecologically safe, but they also go a long way toward establishing best practices that encourage product life extension and resource recovery.”

Liquidity Services partners with Fortune 1000 clients to help them redeploy their surplus assets, resell them to new buyers, or sustainably dispose of them via approved R2-certified recycling companies. The company also works with the U.S. Defense Logistics Agency (DLA), the Department of Defense’s largest logistics combat support agency, and state and local government agencies to sell assets no longer needed. Liquidity Services also partners with retailers and consumer goods manufacturers to help them extend the life of their returns and unsold seasonal merchandise such as apparel and consumer electronics by selling them on its e-commerce marketplace for business buyers, Liquidation.com.

To learn more about Liquidity Services’ corporate commitment to sustainability and how it partners with its clients to build zero-waste initiatives into their reverse supply chains, visit the company’s latest blog post Save the Earth and Save Money with Liquidity Services.

About Liquidity Services

Liquidity Services (NASDAQ: LQDT) employs innovative e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government clients. The company operates a network of leading e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over 500 product categories. Our superior service, unmatched scale and ability to deliver results enable us to forge trusted, long-term relationships with over 9,000 clients worldwide. With nearly $7 billion in completed transactions, and 3 million buyers in almost 200 countries and territories, we are the proven leader in delivering smart commerce solutions. Visit us at LiquidityServices.com.

Source: Liquidity Services

Liquidity Services
Jeanette Hanfling, Director of Public Relations