Liquidity Services to Co-sponsor and Attend the Procurement Success Summit 2016

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Shanghai-Based Executives to Participate in the Largest Gathering in Asia Exclusively for Global Procurement Professionals

Exciting changes are on the horizon for the procurement industry as leaders are being challenged to bring more value to their supply chain, not just cost savings.

Liquidity Services (NASDAQ: LQDT), a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus, announced today that it will co-sponsor and attend the Procurement Success Summit 2016, a meeting for more than 200 senior procurement leaders in organizations from 30+ countries, held in Shanghai, China November 16 – 17, 2016. Executives from the company’s Shanghai office will be on hand to network and learn more about emerging trends in procurement such as business engagement, talent and market dynamics, as well as the value emerging digital solutions bring to the industry.

“We are pleased to participate in this year’s Procurement Success Summit,” said Hugh Yu, vice president of sales and business development for the Asia-Pacific region of Liquidity Services’ Capital Assets Group. “Exciting changes are on the horizon for the procurement industry as leaders are being challenged to bring more value to their supply chain, not just cost savings. Liquidity Services will dialog with industry leaders, learn more about their challenges, and discuss ways we can help transform their procurement functions into collaborative, forward-thinking and innovative teams. Our asset managers will be on-hand to further help procurement professionals better understand the reverse supply chain and how the sale of surplus assets can bring valuable dollars back to their local operations.”

In China, Liquidity Services operates GoIndustry DoveBid, a global e-commerce marketplace that connects buyers and sellers of more than 500 categories of surplus business assets in six vertical markets – industrial manufacturing, biopharma/healthcare, electronic manufacturing, fast moving consumer goods, IT/networking and mining/construction. Visit http://www.go-dove.com/zh/ to become a registered bidder or review upcoming auctions and private treaty sales.    

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About Liquidity Services
Liquidity Services (NASDAQ: LQDT) employs innovative e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government clients. The company operates a network of leading e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over 500 product categories. Our superior service, unmatched scale and ability to deliver results enable us to forge trusted, long-term relationships with over 8,000 clients worldwide. With nearly $6 billion in completed transactions, and approximately 3 million buyers in almost 200 countries and territories, we are the proven leader in delivering smart commerce solutions. Visit us at LiquidityServices.com.

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Jeanette Hanfling
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