Inclusion in Indexes is Based On Company's Market Capitalization

WASHINGTON--(BUSINESS WIRE)--July 9, 2008--Liquidity Services, Inc. (NASDAQ:LQDT), a leading online auction marketplace for wholesale, surplus and salvage assets, announced today that it remains on the Russell 2000 Index, Russell 3000 Index and the Russell Microcap Index after the 2008 Russell Index Reconstitution effective as of June 27, 2008.

The Russell indexes capture the 3,000 largest U.S. stocks, ranking them by total market capitalization to create the Russell 3000. The largest 1,000 companies in the ranking comprise the Russell 1000 while the remaining 2,000 companies become the widely used Russell 2000. Membership in Russell's U.S. equity indexes, which remains in place for one year, is determined primarily by market capitalization rankings.

"We are pleased to be included in the Russell indexes for the third year in a row since the completion of our Initial Public Offering in February 2006," said Bill Angrick, Chairman and CEO of LSI. "This recognition highlights our consistent performance and strong growth prospects in the large and fragmented reverse supply chain marketplace."

As of its March 31, 2008 quarter, LSI has recorded 22 consecutive quarters of profitability through strong organic growth as well as continued diversification of its business through recent acquisitions. Its major sellers include Fortune 500 retailers, manufacturers and distributors, United States Department of Defense, United Kingdom Ministry of Defence, Environmental Protection Agency and the Government of the District of Columbia.

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

About Russell

Russell Investments aims to improve financial security for people by providing strategic advice, world-class implementation, state-of-the-art performance benchmarks, and a range of institutional-quality investment products. With more than $213 billion in assets under management, Russell serves individual, institutional and advisor clients in more than 40 countries. Russell provides access to some of the world's best money managers. It helps investors put this access to work in corporate defined benefit and defined contribution plans, and in the life savings of individual investors. Headquartered in Tacoma, Wash., Russell has principal offices in Amsterdam, Auckland, Hong Kong, Johannesburg, London, Melbourne, New York, Paris, San Francisco, Seoul, Singapore, Sydney, Tokyo and Toronto. For more information on Russell indexes, go to www.russell.com.

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

SOURCE: Liquidity Services, Inc.