Press release from Business Wire
Liquidity Services' GoIndustry Marketplace Named Asset Appraiser of the Year by ACQ Magazine; Leads Valuation Awards in Europe
Monday, July 22, 2013
Liquidity Services' GoIndustry Marketplace Named Asset Appraiser of the Year by ACQ Magazine; Leads Valuation Awards in Europe08:00 EDT Monday, July 22, 2013
WASHINGTON (Business Wire) -- Liquidity Services, Inc. (NASDAQ: LQDT) is pleased to announce that its GoIndustry DoveBid marketplace has been recognized as Asset Appraiser of the Year in the ACQ Global Awards 2013 sponsored by Merrill DataSite and ACQ, a premier global M&A magazine. This award highlights Liquidity Services' valuation services, which provide accurate and timely asset valuations to leading corporations and financial institutions. Since 2005, the ACQ Global Awards have annually recognized benchmarks of achievement and best practices in a variety of fields through an independent nomination and election process by its business readership.
“Exceptional individuals, teams, and firms across the marketplace represent the very best in their field from around the world and truly deserve the accolade of being an ACQ Award winner,” said Jake Robson, Editor-in-Chief of ACQ.
In addition to winning this recent award from ACQ Magazine, Liquidity Services' GoIndustry DoveBid marketplace and its valuation team have also been recognized as Asset Appraisal Firm of the Year in both the Finance Monthly Global Awards 2013 and the Deal Makers Monthly Magazine Country Awards 2013.
“With nearly one billion dollars in value of industrial assets and inventory transacted each year through our trusted marketplaces, our valuation team harnesses and communicates to our global Fortune 1000 clients a wealth of data on current market trends and conditions to enable them to make more informed decisions about the financing, redeployment, or sale of their assets,” said Tom Burton, President of Liquidity Services' Capital Assets Group. “It's a privilege to serve our clients and continue to lead the way through best practices. We are honored to be recognized for our unique valuation services which provide a competitive advantage to our clients across many industries, including: biopharmaceutical, consumer packaged goods manufacturing, energy, retail, semiconductor, and transportation.”
Liquidity Services is a trusted partner to the world's top manufacturers, retailers, and government agencies for asset management and valuation services. The company's innovative investment recovery programs for surplus assets and inventory drive supply chain innovation, protect its clients' brand reputation, and support global sustainability initiatives.
About Liquidity Services, Inc.
Liquidity Services, Inc. (NASDAQ: LQDT) provides leading corporations, public sector agencies, and buying customers the world's most transparent, innovative, and effective online marketplaces and integrated services for surplus assets. On behalf of its clients, Liquidity Services has completed the sale of over $3.6 billion of surplus, returned, and end-of-life assets in over 500 product categories, including consumer goods, capital assets, and industrial equipment. The company is based in Washington, D.C. and has approximately 1,400 employees. Additional information can be found at: http://www.liquidityservicesinc.com.
Liquidity Services, Inc.
Sultana F. Ali, APR