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July 31, 2006

Liquidity Services Launches European Online Auction Marketplace

27 July 2006—Liquidity Services Inc., a leading online auction marketplace for wholesale, surplus and salvage assets, announced it has launched a new online auction marketplace, www.LiquiBiz.com.

The new marketplace, in English and German, provides a central location for European-based corporations and government agencies to sell wholesale, surplus and salvage goods to a European and international buyer base. The creation of a dedicated European marketplace enables Liquidity Services to address the unique requirements of large sellers and professional buyers throughout Europe. LSI holds contracts with large sellers in Europe such as the United Kingdom Ministry of Defence (MoD) and the United States Department of Defense (DoD) in the UK and Germany.

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