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Press release from PR Newswire

Renowned Book Manufacturer Edwards Brothers Malloy selects Liquidity Services, Inc. as Global Sales Channel for Surplus Assets

Wednesday, October 23, 2013

Renowned Book Manufacturer Edwards Brothers Malloy selects Liquidity Services, Inc. as Global Sales Channel for Surplus Assets

08:30 EDT Wednesday, October 23, 2013

Liquidity Services to sell surplus assets from Edwards Brothers Malloy's Ann Arbor location including printing, bindery, material handling, machine tools and plant support equipment

WASHINGTON, Oct. 23, 2013 /PRNewswire/ -- Liquidity Services, Inc. a global provider of surplus asset management, auction, and valuation services, has been selected by Edwards Brothers Malloy to sell surplus assets that are no longer needed for the book manufacturer's ongoing operations. As Edwards Brothers Malloy consolidates its two Ann Arbor printing facilities to re-invest in new opportunities, Liquidity Services will be offering a variety of commercial printing, binding, stitching, packaging and material handling equipment. Interested buyers will have the opportunity to purchase the items via Liquidity Services' online marketplace www.Go-Dove.com.

"After reviewing several vendors, we found that Liquidity Services' ongoing success in selling equipment in the commercial printing space brought us confidence that Edwards Brothers Malloy would be able to achieve maximum investment recovery for these assets," said Donna Coleman, Director of Marketing at Edwards Brothers Malloy.  "By selecting Liquidity Services' full-service solution, we are able to save in-house time and resources and focus on our key business initiatives."

The items are available immediately for purchase at Liquidity Services' marketplace www.Go-Dove.com. Please visit the sale webpage for more details: http://www.go-dove.com/en/event-18230.

"Edwards Brothers Malloy has been providing superior printing services for its clients for the last 120 years; the company's distinguished and unmatched reputation precedes it and Liquidity Services is pleased to provide the same quality of work to ensure our client's business goals are met via our full-service asset-management solution," said Mike Livatino, Senior Vice President, Americas for Liquidity Services' marketplace GoIndustry DoveBid.  "The sale of Edwards Brothers Malloy's surplus equipment is an excellent opportunity for buyers to leverage the secondary marketplace and confidently purchase quality book printing and plant support assets from a prominent and trusted company."

Below is a partial list of items that will be available for sale:

  • Mueller Martini Normbinder Binding Line
  • Man Roland R901-6 Offset Printing Press
  • Timson T32 Double Web Heatset Book Printing Press Line
  • Muller Martini Presto Stitching Line
  • King Press Color Web Printing Press

Liquidity Services' GoIndustry DoveBid marketplace allows buyers to acquire quality used industrial manufacturing and plant support equipment from any location around the globe. Bidders can evaluate available equipment from our online platform and then purchase assets via the regularly scheduled industry marketplace auction.

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 $4 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.

SOURCE Liquidity Services, Inc.

For further information: Melissa Gieringer, melissa.gieringer@liquidityservices.com, 480-596-4496

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