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Liquidity Services Hosts Online Sales Events for High-Value Industrial Manufacturing Assets on its Global Marketplace, GoIndustry DoveBid
February 12, 2018

BETHESDA, Md., Feb. 12, 2018 (GLOBE NEWSWIRE) -- 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 highlight its upcoming sales of high-value Industrial Manufacturing (IM) assets located in Canada and the United States. Information about the sales can be found on GoIndustry DoveBid (www.go-dove.com), a Liquidity Services marketplace where more than 120 million industrial manufacturing assets have been sold from small, medium-size and Fortune 1,000 companies to a global audience of more than three million registered industry buyers.

Sellers can expect their assets to gain greater visibility through Liquidity Services’ massive marketplace, use of digital advertising, search engine marketing, geographic marketing and other industry-leading marketing technologies. Additionally, www.go-dove.com provides asset information, including photos, videos and due diligence information, which builds buyers’ confidence when preparing to bid.

Featured sales include:

Industrial Manufacturing auction event #501845 is currently open for sale and includes a new and complete Reel to Reel 11 module plating line with a length of 125’. The complete line is located in Thomaston, CT and includes two 24” cleaning cells, two 24” electro-cleaning cells, two 24” acid activation cells and 11 plating modules. The plating modules are removable with 170g holding tanks per module and two 24” plating cells per module. Bidding is open until April 30, 2018.

Industrial Manufacturing auction event #501848 features a complete site closure of an American multinational confectionery, food and beverage company’s production facility in Montreal, CA. The auction event includes commercial biscuit mixing, blending, baking and packaging equipment including gas ovens, mixers and blenders, laminators, wrappers and facility equipment. The auction opens on February 12, 2018 at 12:00 a.m. ET and closes at 5 p.m. ET on February 27, 2018.

Industrial Manufacturing auction event #501685 starts on February 22, 2018 and closes at 5 p.m. ET on February 28, 2018. The event features nearly a million dollars in assets including a G&M VVF-202B Vacuum Furnace, an ASI Ingersoll Waterjet, a Rafamet CNC Vertical Boring Mill, a Giddings & Lewis 7' Hypro VBM/VTL, a Cincinnati 5-Axis Gantry/Router and a Telesis Dot Peen Marking System.

“We have completed the sale of over $1 Billion in industrial manufacturing assets as changes in technology and consumer demand are driving companies to regularly assess their enterprise-wide production equipment requirements and evaluate the efficiency of their supply chains,” said Mike Besecker, Senior Vice President of Global Sales for Liquidity Services. “Our specific industry knowledge, coupled with our powerful e-commerce platform, enables us to connect a global buyer base with top-quality equipment from the world’s leading manufacturers to help them meet their strategic expansion goals and stay competitive.”

GoIndustry DoveBid (Go-Dove), a Liquidity Services marketplace, provides professional buyers with access to an unparalleled variety and volume of surplus business assets from Liquidity Services' more than 11,000 clients, which include Fortune 1000 and Global 500 organizations as well as government agencies. Go-Dove offers buyers excellent deals on surplus assets in over 500 categories, with thousands of items auctioned off every week.

About Liquidity Services

Liquidity Services (NASDAQ:LQDT) 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. The company employs innovative e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government sellers. Our superior service, unmatched scale and ability to deliver results enable us to forge trusted, long-term relationships with over 10,000 sellers worldwide. With over $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.

Contact:

Julie Davis
Senior Director
202.467.6868 ext. 2234
julie.davis@liquidityservices.com

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Contact

Julie Davis

Senior Director, Investor Relations
julie.davis@liquidityservices.com
202-558-6234