WASHINGTON--(BUSINESS WIRE)--June 27, 2006--Liquidity Services, Inc. (NASDAQ:LQDT), a leading online auction marketplace for wholesale, surplus and salvage assets, has been recognized for the third year in a row by CMP Media's VARBusiness magazine as one of North America's top solution providers. LSI ranked #225 on this year's 12th Annual VARBusiness 500 ranking, improving its position from the 2005 ranking of #259 with a 28% increase in annual revenue.

"Year after year, we strive to strengthen the performance of our business," said Bill Angrick, Chairman and CEO of LSI. "This accolade recognizes our continued growth and success in effectively remarketing surplus assets and wholesale merchandise for high volume sellers. We are honored by the continued recognition of VARBusiness."

LSI resells surplus assets through innovative online auction marketplaces to maximize the recovery value of surplus assets and wholesale goods for corporations and government agencies. The Company's online auction marketplaces include: www.liquidation.com, www.govliquidation.com and www.uksurplus.com. LSI also operates a wholesale industry portal, www.gowholesale.com, which connects advertisers with buyers seeking wholesale goods and related business services.

To complete the 2006 ranking of the 500 largest North American solution providers, VARBusiness partnered with research firm Answers Research to help collect and analyze the data. Finalists were ranked according to their fiscal year 2006 revenue, based only on their reseller-related services business.

About VARBusiness 500

For the past 19 years, VARBusiness' strategic resources have been the gateway to the Solution Provider community. VARBusiness provides strategic insight for technology integrators through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers. VARBusiness has been the recipient of numerous industry awards for both editorial content and design. Additional information about VARBusiness products, events and services, is available at its Web site, www.varbusiness.com.

About Liquidity Services, Inc. (LQDT)

Liquidity Services, Inc. (NASDAQ:LQDT) and its subsidiaries enable corporations and government agencies to market and sell surplus assets and wholesale goods quickly and conveniently using online auction marketplaces and value-added services. The company is based in Washington, D.C. and has 350 employees. Additional information can be found at: www.liquidityservicesinc.com.

CONTACT: Liquidity Services, Inc.
Media Contact:
Julie Davis, 202-467-6868 ext 234
julie.davis@liquidityservicesinc.com

SOURCE: Liquidity Services, Inc.