Partnership Helps Machinery Dealers Sell Surplus Equipment

Bidding opens June 15 for variety of CNC, Fabrication and Shop equipment

WASHINGTON--()--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 announce a new partnership with the Machinery Dealers National Association (MDNA). Through the partnership, MDNA members gain preferred access to Liquidity Services’ valuable online marketplace and proprietary AssetZone® asset management solution, to inventory, redeploy, and/or sell their surplus equipment.

“We chose Liquidity Services as they are a company within our membership that has tremendous global reach to buyers and is well-known for exemplifying the high standards and integrity of the MDNA. This level of market access will help our members reach buyers that they might not have been able to attract on their own. Moreover, it is a no risk opportunity for our members and it benefits all,” said Dan Strand, MDNA Past President & MDNA Board Member.

The online auctions will be regularly scheduled events. Bidding for the MDNA equipment in the first auction opens Monday, June 15 at 12am ET at Liquidity Services' online marketplace www.Go-Dove.com. Please visit the auction webpage for more details and to sign up for the event at http://www.go-dove.com/en/events?cmd=details&event=501373.

“We are honored by this partnership and eager to add to our MDNA friends and colleagues,” said Nick Taylor, Vice President of Global Sales at Liquidity Services. “Our extensive buyer base and proven marketing and sales strategies now empower MDNA members to turn their surplus equipment into an additional revenue source for their businesses.”

About Liquidity Services

Liquidity Services is a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus. We partner with global Fortune 1000 corporations, middle market companies, and government agencies to intelligently transform surplus assets and inventory from a burden into a liquid opportunity that fuels the achievement of strategic goals. Our superior service, unmatched scale, and ability to deliver results enable us to forge trusted, long-term relationships with over 7,000 clients worldwide. With approximately $1 billion in annual sales proceeds, and nearly 3 million buyers in almost 200 countries and territories, we are the proven leader in delivering smart surplus solutions. Let us build a better future for your surplus. Visit us at www.LiquidityServices.com.

About MDNA:

MDNA is an international nonprofit trade association, established in 1941 to promote the used machinery industry. MDNA members include machinery dealers, auctioneers, and appraisers. Our dealer and auctioneer members offer the most extensive selection of used machinery in the world, with thousands of machines available in warehouses and plants across the globe. Visit us at www.MDNA.org.

Contacts

Liquidity Services
Jen Porter, APR, 202-467-5473
Senior Manager, Marketing Operations
PublicRelations@LiquidityServices.com
or
MDNA
Jennifer Gray, 703-836-9300
Marketing Manager
jgray@mdna.org

Release Summary

Liquidity Services (NASDAQ: LQDT) is pleased to announce a new partnership with the Machinery Dealers National Association (MDNA).

Contacts

Liquidity Services
Jen Porter, APR, 202-467-5473
Senior Manager, Marketing Operations
PublicRelations@LiquidityServices.com
or
MDNA
Jennifer Gray, 703-836-9300
Marketing Manager
jgray@mdna.org