Press release from Business Wire
Liquidity Services, Inc. Added to S&P SmallCap 600 Index
<p class=' bwalignc'> <i>Leading Online Marketplace for Business and Government Surplus Assets Quadruples GMV and EBITDA since 2006 IPO</i> </p> <p class=' bwalignc'> </p>
Friday, October 01, 2010
Liquidity Services, Inc. Added to S&P SmallCap 600 Index06:00 EDT Friday, October 01, 2010 WASHINGTON (Business Wire) -- Liquidity Services, Inc. (NASDAQ:LQDT) today announced that Standard & Poor's (S&P) has added the company to the S&P SmallCap 600 Index as of the close of trading on September 30, 2010. “We are proud that LSI has been added to the S&P SmallCap 600 Index. This milestone recognizes our hard work and success in understanding and serving the needs of our clients and buyers with a superior set of solutions. We are very excited by the further potential to create value for our customers and grow our business as the leading online marketplace for surplus assets,” said Bill Angrick, Chairman and Chief Executive Officer. Introduced in 1994, the S&P SmallCap 600 Index includes publicly traded companies with a market cap between $250 million and $1.2 billion which meet specific Standard & Poor's criteria to ensure they are investable and financially viable. Liquidity Services has been added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Internet Software & Services Sub-Industry index. About Liquidity Services, Inc. (LQDT) Liquidity Services, Inc. (NASDAQ:LQDT) and its subsidiaries enable retailers, industrial corporations and government agencies to market and sell surplus assets quickly and conveniently using online marketplaces and value-added services. The company is based in Washington, D.C. and has approximately 700 employees. Additional information can be found at: www.liquidityservicesinc.com.