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Firms Tackle Government Chores
Wall Street Journal — June 17, 2008
Small companies are making a business out of helping local government agencies. Many municipalities are overburdened by time-consuming and complicated tasks like auctioning off unclaimed stolen goods, unloading unwanted supplies and collecting unpaid traffic fines. Last fall, Nancy Reichman, purchasing officer for the Buncombe County Schools based in Asheville, N.C., started using auction site GovDeals.com to get rid of the district's old and unneeded merchandise, including trucks, vans, washers and dryers, air conditioners and stoves.

Liquidation.com Announces New Product Vertical to Sell Retail Store Fixtures and Equipment
Internet Retailer — June 16, 2008
The online auction marketplace will allow professional buyers to review photos and detailed product information at Liquidation.com. They also can physically see items in one of the five distribution centers Liquidation has throughout the U.S.

Auction Will Leave Ferry's Fate in Hands of Highest Bidder
Atlanta Journal Constitution — May 28, 2008
The state of Georgia is auctioning off a 60-foot-long ferry used since the late 1970s to carry up to 149 passengers at a time to coastal Sapelo Island. The auction company, a subsidiary of Liquidity Services Inc., sells surplus property for more than 200 local, county and state government entities and agencies in Georgia — it handles items for about 1,600 governments and public utilities nationwide.

Pentagon Selling Aviation History
Reuters — April 17, 2008
From the Cold War to the space race, from Vietnam to Iraq, the U.S. military is selling bits and pieces of its aviation history. In 16-square-inch (100-sq-cm) bits and pieces, to be precise. Around 2,000 obsolete warplanes and other aircraft owned by the U.S. Defense Department will go on a virtual auction block next week as the Pentagon takes advantage of a boom in scrap metal prices to make some money.

Buyers & Sellers Win with Liquidation.com
Web Wholesaler — February 1, 2008
You might think that a website like Liquidation.com would balk at the suggestion that it is, "the eBay for wholesale liquidations." Considering the comparison, it is a heavy statement. However, the description is right on the money, especially considering how the online auction destination has grown since being founded just a few years ago. Sales for its parent company, Liquidity Services, Inc. (NASDAQ: LQDT), have seen an annual compounded growth rate of 37 percent over the last 5 years, while commercial sales have surged 137 percent in the last year alone.

Unloved Christmas Gifts Get New Life
Orange County Register — January 12, 2008
The world's largest stores have efficient systems for finding, buying, shipping, stocking and selling merchandise. But in the past, they haven't been as efficient at getting rid of the unsold, damaged or returned inventory. Thanks to the Internet and companies like Liquidity Services Inc.,this back end activity, called reverse logistics, is becoming more efficient, the retailers are getting more money for their surplus, and an entire sector of small businesses is thriving.

After the holidays, many unwanted gifts are returned. Where do they go?
Fox News — January 8, 2008
Ever wonder what happens to all those gifts that are returned after the holidays? They are sold and big discounts to the rest of us and Fox News interviews Bill Angrick, CEO of Liquidity Services, Inc.

New Life for Unwanted Gifts — It's High Season for Firms That Resell Returned Items
The Washington Post — December 29, 2007
Each holiday season, we relegate our unwanted gifts to the return bins of retailers across the country and never think of them again. But these items have a second life. "We help [stores] rapidly convert those excess items into cash sales," said Bill Angrick, chief executive of Liquidity Services, a District company that works with many big-box stores. With Liquidity Services, retailers ship their unwanted merchandise to one of the company's six distribution centers across the country as frequently as once a week. The company then inspects and sorts the goods before holding a private online auction for interested buyers, typically small businesses.

Want Items Seized by DC Police? Buy 'Em Online
Washington Post Express — October 30, 2007
It's possible you'll recognize some of the items for sale at Liquidation.com — many of them came from the streets of the District. The District's batch of items seized by police were once sold off to buyers at auctions. Now, everything from decommissioned police cruisers to cars and trucks swiped from criminals are online for prospective purchasers to page through as easily as they might surf eBay.

The Best Tool for the Job: Selecting and Implementing E-Tools
Knowledge@WPCarey — October 24, 2007
"The question facing supply management professionals today might be best summarized as: How do we ensure we're getting the most out of the e-tools available?" states a report from CAPS Research, a strategic sourcing research center co-sponsored by the W. P. Carey School of Business and the Institute for Supply Management. The center recently gathered a group of supply managers to look closely at e-tool optimization. The group's observations became an outline of how successful companies use e-tools to improve processes and how they manage implementations. The event was sponsored by Philips Lighting Company, which was the focus of a best practices case study examined by participants. Other cases focused on PepsiCo, Sonoco Products and GlaxoSmithKline. All of these companies are using various e-tools to enhance procurement and supply efforts. However, one firm that is using an e-tool as its major product offering is Liquidity Services.

eBay Live 2007: Best of Show
e-Commerce Guide — June 18, 2007
The 6th annual eBay Live conference wrapped up Saturday with Kool and the Gang helping attendees celebrate good times, but now it's back to business. For those of you who didn't make it to Boston, here we'll highlight some of the exhibitors that caught our eye or made announcements.

Seized Cars Up for Auction
Washington Examiner — August 1, 2007
Liquidation.com, the District of Columbia's private online auctioneer, is in the midst of its latest seized-vehicle sell-off. Liquidity Services Inc., the parent of Liquidation.com, regularly conducts auctions of city assets. Since August 2006, the District MPD has rid itself of nearly $175,000 worth of stuff, including dishwashers, lawn mowers, laptops, tires, ladders, golf clubs, camera equipment, jackhammers, bicycle frames, mixed electronics, power tools, a six-man dome tent and a portable gazebo.

Getting a Return on Returns
NRF Stores Magazine — June 2007
Customer returns have started to clog up the backroom; unsold seasonal inventory is spreading to every nook and cranny of the store — and the cost of shipping all this back through the supply chain threatens to undo the bottom line. Faced with scenarios like this, many retailers are choosing different paths for surplus merchandise — liquidation or online auctions. These are methods that can work to the advantage of both buyers and sellers. We recently spoke with Bill Angrick, CEO of Liquidity Services, an online wholesale marketplace.

Sell It Again, Sam
Business Week — June 4, 2007
LSI ranks #18 in BusinessWeek's annual tally of the 100 hottest small companies in the U.S. By drawing thousands of buyers to a single online marketplace to win higher sales, this dot-com is reinventing the resale and surplus industries the way other internet auctioneers transformed flea markets. Analysts predict that this "reverse logistics" market will hit $63 billion in 2008. "The opportunity," says CEO Bill Angrick, "is incredible."

Casting a Web From Business to Business
Financial Post — May 26, 2007
"The Internet has created a business- to-business market that couldn't have existed before," says Paul Keung, an Internet analyst with CIBC World Markets in New York. "It has totally changed the values." An example of this emerging business-to-business Internet growth is Liquidity Services Inc. "Liquidity has a strong B2B model with network effects and compelling value proposition," says Mr. Keung.

Benefits of Liquidation
Entrepreneur Magazine Product Sourcing Show — February 19, 2007
No matter what kind of online business you have you can most likely benefit from adding liquidated goods to your product offering. The rock bottom prices provide you with a competitive edge and still let you make an excellent profit. Here to talk about what online liquidation services can do for your eBiz is Bill Angrick, Chairman and CEO of Liquidity Services Inc.

Online Auctions Unload Excess Merchandise
Investors Business Daily — February 6, 2007
Retailers are experts at getting their goods to customers in an efficient, timely manner. Problems happen, however, when you reverse the supply chain, when retailers are stuck with surplus, returned, out-of-style or out-of-season merchandise. Liquidity Services Inc. (LQDT) says it can make the reverse supply chain as efficient as the regular one. A product of the dot-com boom and a survivor of the bust, Liquidity Services says the Internet is the best way to connect wholesale liquidation buyers with sellers.

CEOs 40 and Under
Business Week — December 18, 2006
From energy to health care, transportation to tech, the 97 men and one woman 40 years old or younger who run publicly traded companies on the NYSE and Nasdaq aren't retiring any time soon. Bill Angrick, CEO of Liquidity Services, Inc. is included in this BusinessWeek.com slideshow that navigates the 2006 class of young CEOs.

Interview with LSI CEO, Bill Angrick
WallSt.net — December 8, 2006
William Angrick III, Chairman and CEO of Liquidity Services, Inc. (Nasdaq: LQDT) updated the investment community in an all-new interview including highlights from the company's Q4 and FY06 earnings release.

Liquidity Services Bids for Billions
The Motley Fool — December 8, 2006
Given the size and sophistication of its platform, Liquidity Services certainly appears to be positioned to benefit from a large market opportunity. And, so far, management has been able to handle the growth. In other words, the company has the kind of ingredients that long-term investors look for.

Using Online Resources to Source Product and Information
Off Price Apparel Magazine — December 2006
To stay competitive with larger retailers and the growing number of independents, savvy retailers have learned that online sourcing can be an efficient and cost effective way to find quality inventory for resale in traditional and online stores. For the small independent, some of the best online resources come in the form of B2B online auction sites for bulk inventory, vertical search engines, online directory listings, and peer group forums.

Military surplus items a click (or credit card) away
The Telegraph — November 27, 2006
Forget eBay, the Saturday morning yard sales, the tiresome scanning of ads in all types of publications. Everything you need or want - or at least most of it - is available after a few keystrokes on your home computer. How about four Harleys? Two cavalry horses? Aircraft? Buses? Dump trucks? Camping equipment? Metal and woodworking machines? Boats? Snow skis? Clothing and shoes? A surgical microscope? All are for sale right now to the highest bidder at the www.govliquidation.com Web site.

Wanted: Room to roam for two retired military horses
USA Today — November 26, 2006
They aren't the usual military surplus goods auctioned online, like scrap metal, airplane parts or fancy tents. Rojo and Ninety-Nine are 10-year-old quarter horses who have been ceremonial mounts in the 1st Cavalry Division at Fort Hood in Texas, and now they're heading into retirement. The Defense Department's online-auction contractor, www.govliquidation.com, says it's looking for a loving home where the horses will have plenty of room to roam.

Go Vertical, Get Results
iMedia Connection — November 3, 2006
AJ Tools, a major wholesaler, distributor, and importer of tools and automotive accessories and general merchandise, found that using a vertical search engine has huge payoffs in attracting potential clients to their websites. In just one month of advertising on a wholesale specific search engine, AJ Tools attracted 150 new customers, received over 2,000 hits on its newly launched marketplace, www.GOTeStuff.com, and increased customer registrations on its core business platform.

Liquidity Services buys Calif. business for $10.1M
Washington Business Journal — October 17, 2006
"The acquisition of STR strengthens LSI's business by adding long-standing relationships with traditional discount store chain buyers as well as Fortune 500 commercial sellers," says Bill Angrick, chairman and CEO of the D.C. company.

Liquidity Services fosters growth
Washington Times — September 19, 2006
Industry analysts say online auctioneer Liquidity Services' recent investments put it on course to steady growth from its business of selling surplus goods for corporations and government agencies.

Using Online Auction Marketplaces to Maximize Revenue in the Reverse Supply Chain
RL Magazine — Spring/Summer 2006
Online auction marketplaces generate higher rates of return over traditional disposition methods by providing access to a broad qualified buyer base that competes for merchandise, and thus drives the maximum pricing for the goods.

The New Liquidators
Internet Retailer — May 2006
Overstocked, returned and outdated products have long been thorns in the sides of retailers. They take up valuable warehouse or shelf space that could be better used to stockpile current inventory. And perhaps more importantly, they represent lost revenue.

Pay-Per-Call 101
iMedia Connection — April 4, 2006
The general manager of goWholesale explains how this search strategy can help small B2Bs increase direct sales leads — whether or not they have a website.

Executive Spotlight with Bill Angrick
Potomac Executive Biz — March 16, 2006
Liquidity Services, Inc. recently completed an IPO. The company is a leading online auction marketplace for wholesale, surplus and salvage assets. In this week's issue, we interview Bill Angrick, CEO of Liquidity Services to discuss the company's business model, how the IPO impacts the company, and we learn that he was a boxer in college.

Liquidity Services Wins Contract to Auction DoD Surplus in Germany
Auctionbytes — March 15, 2006
Online auction company Liquidity Services Inc. is enhancing its European operations through a new contract award finalized on February 3, 2006, with the U.S. Defense Reutilization and Marketing Service for the sale of select U.S. Department of Defense (DoD) military surplus assets located in Germany.

goWholesale Rings in Pay-Per-Call Advertising
ADOTAS — March 7, 2006
"For the wholesale industry, having an online presence is critical in acquiring new business customers," said Asad Haroon, General Manager of goWholesale. "Our pay-per-call advertising solution now allows a broader number of wholesale advertisers to leverage the high concentration of wholesale buyer online searches across the goWholesale network."

Alumni Profile: William P. Angrick III '95, Asad Haroon '88 and Jaime Mateus-Tique '95
Kellogg World Magazine — Winter 2005
Class of 1995 graduates William P. Angrick III and Jaime Mateus-Tique credit the Kellogg School for a solid grounding in entrepreneurship. While earning their MBA degrees, they worked through hands-on classes in new venture formulation and marketing new products, organized entrepreneurship conferences — a technology entrepreneurship conference Angrick helped found continues to this day — and participated in clubs organized around their shared interest.

Online Auctioneer Files For $86.3 Million IPO
The Washington Post — November 21, 2005
Liquidity was founded by William P. Angrick III, Jaime Mateus-Tique and Benjamin R. Brown during the height of the Internet frenzy in 1999. The three, all in their thirties, still run the 286-person company.

Retired Marine sells myriad military surplus from his Moyock yard
Virginian Pilot — November 12, 2005
For decades, military surplus was sold by the government at hundreds of sites near military bases. Online sales now make the gear available to buyers worldwide.

Vertical Search Engines Look to Connect Buyers and Sellers
Internet.com — October 27, 2005
The online world appears to be dominated by mega-search engines like Yahoo and Google - where millions of businesses spend billions of dollars per year on pay-per-click advertisements. However, there's a new search industry that's popping up around the 'net looking to connect buyers and sellers much more efficiently than those of the popular search engines. It's the vertical search market, in which the buyers and sellers of specific areas of interest or industries can be found. One such example is Liquidity Services' goWholesale.com.

goWholesale Adds PPC, Expands Network
IMedia Connection — October 12, 2005
goWholesale's search engine network includes the recently acquired search engine, Wholealesale411, and hundreds of other sites that attract wholesale buyers such as traditional retailers, discount stores, e-tailers, dollar stores, eBay Power Sellers and traditional businesses specifically seeking wholesale goods.