President and COO of Liquidity Services, Inc. Named a Supply & Demand Chain Executive 2008 Pro to Know

March 19, 2008
WASHINGTON, Mar 19, 2008 (BUSINESS WIRE) -- Liquidity Services, Inc. is pleased to announce its President and COO, Jaime Mateus-Tique, was named to Supply & Demand Chain Executive's 2008 list of Pros to Know, in the Provider Pro category. The Pros to Know is a compilation of executives who have a vision for the 21st century supply chain and have personally helped clients apply technology or processes to modernize their supply chains.

Since co-founding Liquidity Services, Inc. (LSI) in 1999, Mr. Mateus-Tique has been revolutionizing how large corporations and government agencies manage and dispose of surplus and end-of-life assets. Traditionally, most retailers, manufacturers, corporations and government agencies have focused on the procurement of new goods for initial use or re-sale and have largely ignored the disposal, liquidation and tracking of goods in the reverse supply chain such as retail customer returns, overstock product and end-of-life goods. Through the development of LSI's innovative technology solution, Mr. Mateus-Tique has helped drive the evolution of the reverse supply chain from the use manual, ad hoc processes to dispose of assets to the use of a comprehensive asset management and sales solution that leverages the potential of the Internet.

"Jaime is a forward thinker in how to further maximize the hidden value of the reverse supply chain and works with our sellers to ensure an efficient reverse supply chain solution that generates the highest net recovery possible," said Bill Angrick, Chairman and CEO of LSI. "LSI provides an innovative and efficient approach to the supply chain, and Jaime has consistently been the driving force towards our clients' success as well as LSI's."

"This year's Provider Pros to Know have shown themselves to be thought-leaders in their respective supply chain segments," said Andrew K. Reese, editor of Supply & Demand Chain Executive. "Their efforts in developing the tools and processes necessary for supply chain transformation, and in promoting new approaches to supply chain enablement, are helping raise Supply Chain's status within the enterprise and have earned them a place on this year's Provider Pros listing."

Mateus-Tique is a co-founder of Liquidity Services, Inc. who has served as President, Chief Operating Officer and Director of LSI since April 2000. The Pros to Know list is featured in the magazine's February/March 2008 issue and can be accessed online at www.SDCExec.com/2008Pros.

About Supply & Demand Chain Executive

Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at www.SDCExec.com.

About Liquidity Services, Inc. (LQDT)

Liquidity Services, Inc. (NASDAQ:LQDT) and its subsidiaries enable corporations and government agencies to market and sell surplus assets and wholesale goods quickly and conveniently using online auction marketplaces and value-added services. The company is based in Washington, D.C. and has over 585 employees. Additional information can be found at: www.liquidityservicesinc.com.

SOURCE: Liquidity Services, Inc.

Liquidity Services, Inc.
Julie Davis, 202-558-6234
julie.davis@liquidityservicesinc.com

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