Network Liquidators Hires Matt McDonald, New Chief Financial Officer

New Chief Financial Officer Is Key Management Addition that will Help Drive Corporate Expansion & Next Level of Growth at Network Liquidators

Tampa FL (PRWEB) October 21, 2005 -- Network Liquidators, a used network hardware stocking dealer based in Tampa, Florida, today announced that Matt McDonald has joined the Company as Chief Financial Officer. In this role, he will oversee all areas of Network Liquidators financial management, accounting, treasury, and process management functions.

“Matt comes to us with nearly two decades of management experience and a superb track record of results,” Network Liquidators President John Stafford said. “He is an experienced and savvy financial executive who will help lead the organization through the next level of explosive growth we have planned. His experience at large international companies, specifically in distribution, will help drive the process, system and control improvements we desire, and his creative strategic thinking will help as we continue as the innovation leader in our industry”.

“I am excited by the opportunity to help drive Network Liquidators next growth phase”, McDonald stated. “Network Liquidators has unique technology, exceptional prospects, and a compelling opportunity to realize business success in an emerging, fragmented market”.

Prior to joining Network Liquidators, McDonald was Vice President, Corporate Controller with Quality Distribution, North America’s largest chemical transportation company whose shares trade on the NASDAQ. At Quality Distribution, McDonald led accounting, external reporting, Sarbanes-Oxley compliance, and tax functions. Prior to that, he served in senior financial management at Catalina Marketing Corporation and Industrial Distribution Group, both NYSE listed companies. McDonald also has lead two private companies as Chief Financial Officer during periods of rapid growth. Matt began his career with KPMG Peat Marwick, a Big 4 international accounting firm.

Network Liquidators specializes in buying and selling used Cisco Systems and Extreme Networks equipment and maintains a $25M dollar inventory of hardware that can be shipped overnight for next day delivery around the world. Network Liquidators also works with Nortel, Foundry Networks, and F5 hardware in order to provide a single source for an extensive selection of products. Network Liquidators has customers around the world, from a wide range of industries, many of them Fortune 500 companies. For more information, call Network Liquidators at 813- 852-6400, or visit http://www.networkliquidators.com.

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