WASHINGTON--(BUSINESS WIRE)--Oct. 15, 2007--Liquidity Services, Inc. is revolutionizing the way professional buyers and small businesses source wholesale, surplus and salvage goods through its online auction marketplaces. Today the company announced that its marketplaces have been honored with three awards in the 2007 WebAward competition sponsored by the Web Marketing Association. LSI's commercial marketplace, www.liquidation.com, earned its second consecutive Best in Category award for Best Auction Website; www.govliquidation.com, the company's online auction site for government surplus, received the Auction Standard of Excellence; and www.goWholesale.com won its second consecutive award for Directory or Search Engine Standard of Excellence.

Through these marketplaces, LSI provides a registered buyer base of over 650,000 professional buyers with a consistent flow of wholesale and surplus inventory from Fortune 500 retailers, manufacturers and distributors as well as federal, state and local government agencies.

LSI designed its online auction marketplaces to provide professional buyers a centralized location to quickly and efficiently source inventory. The functionality and navigation of each marketplace addresses buyer-specific needs and provides the following benefits:

• Robust product search capabilities including keyword, category, lot size, condition and location information help buyers quickly find relevant products
• Intelligent and customized email alerts keep buyers informed of upcoming auctions
• Superior product information such as digital images, detailed descriptions, technical information and shipping dimensions enable more informed bidding
• Shipping quotes assure buyers can estimate the total cost of delivery in advance of a bidding decision
• Online My Account tools keep buyers informed of transaction status through real-time tracking and reporting functionality

The complementary site, goWholesale.com, is a vertical search portal that connects advertisers with buyers seeking wholesale products for resale and related business services. goWholesale is designed to help small businesses including retailers, e-tailers and auction sellers find products and service providers as well as business and industry information. In addition, goWholesale provides an online community forum to allow the wholesale business community a place to share viewpoints and ideas.

"The dedication and talent of LSI's marketing and technology teams have enabled us to design and implement sites that not only meet the needs of our clients, but also set the industry standard for innovation, design, content and usability," said Bill Angrick, Chairman and CEO of LSI. "We are honored to be recognized by the Web Marketing Association for the second year in a row as top performers in the Auction and Search Engine categories. These awards demonstrate our ongoing commitment to providing online solutions that effectively address the needs of our clients."

About the Web Marketing Association

The Web Marketing Association is working to create a high standard of excellence for Web site development and marketing on the Internet. Staffed by volunteers, it is made up of Internet marketing, advertising, PR and design professionals who share an interest in improving the quality of Website development and marketing on the Internet. Since 1997, the Web Marketing Association's annual WebAward Competition has been helping interactive professionals promote themselves, their companies, and their best work to the outside world. Now in its eleventh year, the WebAward Competition has become the premier award event for Web developers and marketers worldwide.

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 over 550 employees. Additional information can be found at: www.liquidityservicesinc.com.

CONTACT: Liquidity Services, Inc.
Julie Davis, 202-558-6234
julie.davis@liquidityservicesinc.com

SOURCE: Liquidity Services, Inc.