Liquidity Services, Inc. Selected by Hoffmann-La Roche Inc. as Sales Channel for Surplus Assets

-- Bidding is underway for late model biotech, research and development equipment

WASHINGTON, May, 28, 2013 /PRNewswire/ -- Liquidity Services, Inc. a global provider of surplus asset management, auction, and valuation services, has been selected by Hoffmann-La Roche Inc. (Roche), to provide disposition services for Roche's surplus assets located in Nutley, NJ USA, where business operations will cease in December 2013. These assets consist of surplus equipment no longer needed in Roche's daily operations, which include over 10,000 pieces of late model biotech, research and development equipment.

"The auction process presents a great opportunity for organizations on a global scale, including universities, research institutions and government agencies, to leverage the secondary equipment marketplace to acquire quality biotech equipment directly from a renowned biotech and pharmaceutical organization," said Mike Livatino, Senior Vice President of Sales for Liquidity Services' marketplace GoIndustry DoveBid. "We are pleased to be working with a client like Roche that recognizes the value in Liquidity Services' transparent asset disposition process, which combines proven auction methods with proprietary technology to deliver superior results." 

Bidding for the first group of assets is currently underway at Liquidity Services' online marketplace www.Go-Dove.com, with auction lots scheduled to close on May 29. Please visit the auction webpage for more details and to place bids: http://www.go-dove.com/en/event-17396.  

Below is a partial list of items that will be available for sale:

• Becton Dickinson LSR II Flow Cytometer
• Waters Micromass ZQ Mass Spectrometer
• (2) Sophion QPatch16 Robotic Screening Stations
• (7) Agilent 1100 Series HPLC Systems
• Syrris Atlas ATL-010 Automated Synthesis System
• Agilent Bravo Automated Liquid Handling Platform
• Beckman Biomek 2000 Liquid Handling System

A second sale is scheduled to open on June 13 at 9pm PT.  Interested buyers can register for the June 13 auction event at www.go-dove.com/en/event-17400.  Additional sales will be scheduled for the remainder of 2013 and into 2014.  For a full list of upcoming sales that include equipment from Roche, please visit www.Go-Dove.com/bio.

Below is a partial list of equipment that will be available for sale:

• HPLC Systems
• GC & LC Systems
• NMR Systems
• Mass Spectrometers
• Microscopes
• Analytical and Top-Load Balances
• Centrifuges
• Liquid Handling System
• Robotic Workstation
• DNA Synthesizers
• Flow Cytometers
• PCR / Thermal Cyclers

Liquidity Services' GoIndustry DoveBid marketplace allows professional buyers to acquire quality used biotech and pharmaceutical equipment from any location around the globe. Bidders can evaluate available equipment from an online platform and then purchase assets via the regularly scheduled industry marketplace auction from top global biotech and pharmaceutical companies like Roche. The GoIndustry DoveBid marketplace www.Go-Dove.com provides buyers a safe, easy and secure purchasing experience, which includes buyer support services, logistics and multiple payment methods.        

About Liquidity Services, Inc.

Liquidity Services, Inc. (NASDAQ: LQDT) provides clients and buying customers with the world's most transparent, innovative, and effective online marketplaces, advice and integrated services for surplus assets. Combining asset, industry and market intelligence with e-commerce technology, the company serves multi-national corporations, financial institutions, insolvency practitioners, and asset-based lenders throughout the world. On behalf of its clients, Liquidity Services has completed the sale of over $3.6 billion of surplus, returned, and end-of-life assets in over 500 product categories, including specialized capital assets and industrial equipment. Additional information can be found at: http://www.liquidityservicesinc.com.

SOURCE Liquidity Services, Inc.