BETHESDA, Md., Nov. 26, 2018 (GLOBE NEWSWIRE) -- For the first time, Liquidity Services (NASDAQ: LQDT) is offering for sale through its GoIndustry DoveBid marketplace, the AM General M1025A2 GMV Armament Carrier class HMMWV or ‘Humvee’. These models have never been available on the market and have unique and upgraded specifications compared to more standard models currently available to the public. There will be 99 vehicles up for auction through Liquidity Services’ online marketplace Go-Dove.com. The online auction event will run from November 30, 2018, through December 5, 2018.

Ninety-Nine Rare and Upgraded Military-Issue Humvees Up for Auction on www.go-dove.com, marking the first-ever sale of these rare GMV configuration models to the public.

The 99 vehicles are located in Chambersberg, PA and feature the following specifications:

• Higher powered GM 8 cylinder 6.5L diesel engine (compared to standard 6.2L)
• 4LE80 4 speed transmission and heavy-duty drivetrain (compared to standard 3 speed)
• Upgraded Rod Hall suspension
• Many units include additional features such as brush guards and winches
• Liquidity Services has provided detailed inspection forms including the running condition

The HMMWV or Humvee deserves its place in US military history, they have been protecting our troops and dominating battlefields since the first units were used in combat in 1989 and the iconic shape is recognizable around the world.  The model M1025A2 represents the very best of the HMMWV series, and these are in extremely limited supply. This is an extremely rare GMV configuration and there has never been a widescale release to the market of this model to date.  The higher weight capacity of the M1025A2 was used to mount the TOW antitank missile system, a celebration of US defense manufacturing capabilities at its best.

“The market has long desired access to this specific model of Humvee and we’re excited and honored to be the first to bring these coveted vehicles to the public,” said David Gibson, senior director of operations for Liquidity Services. “We can’t wait to see the various ways in which our buyers will customize these Humvees, the possibilities are endless and the increased power and weight capacity (including the upgraded suspension that only these units received) over a standard Humvee gives much more flexibility for a buyer looking to create something unique. We’ve seen Humvees climbing walls, Humvees underwater, snow Humvees and Humvees getting into (and out of) places where no other vehicle can reach, who knows what’s next!”

Interested buyers can register for free on Go-Dove.com.

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 11,000 sellers worldwide. With over $7 billion in completed transactions, and more than 3 million buyers in almost 200 countries and territories, we are the proven leader in delivering smart commerce solutions. Visit us at LiquidityServices.com.

Media Contact:
Julie Davis
Senior Director
julie.davis@liquidityservices.com
202.215.1354

A video accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0337a10b-5881-4b19-80b9-a93e476dc1b4

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a5013a43-51a6-4bdc-919a-307ae675ace4

Source: Liquidity Services, Inc.