Liquidity Services, Inc. (NASDAQ: LQDT), the leading online marketplace for surplus goods, was recognized by the Washington Business Journal as one of the 50 Fastest Growing Companies in Greater Washington. Liquidity Services was honored on this year’s list at an awards reception held in Washington, DC on October 3, 2013.
“Both in the Washington area and globally we have delivered superior value, transparency, and risk mitigation to manufacturers, retailers, and government agencies as well as millions of buyers who use our marketplaces,” said Bill Angrick, Chairman and CEO of Liquidity Services. “Fueled by our talented team, best-in-class technology platform, and comprehensive services for surplus asset management, we are excited about the company’s continued growth as an innovative market leader. It’s an honor to be recognized by the Washington Business Journal with this achievement and we appreciate the dedication and contributions of our team members across the globe.”
The Washington Business Journal selected companies based upon average three-year revenue-growth percentage. In addition to high growth rates, companies must be headquartered in the DC area and have had 2010 revenue of more than $2 million and 2012 revenue of more than $10 million in order to qualify for this award. This is the fourth time Liquidity Services has been recognized by the Washington Business Journal on this list of top fast growing companies.
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 $4.0 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.