Liquidity Services Announces the Launch of its Network International Energy Marketplace on New E-commerce Platform
July 12 2017 - 9:15AM
Business Wire
Completely Redesigned Site Offers Buyers and
Sellers a Streamlined User Experience, and Enhanced Functionality
and Greater Access to Surplus Assets on a Global Scale
Liquidity Services (NASDAQ: LQDT), a global solution provider in
the reverse supply chain with the world’s largest marketplace for
business surplus, today announced the launch of its Network
International (www.networkintl.com) energy marketplace on its new
LiquidityOne e-commerce platform. Key enhancements offer buyers and
sellers a more attractive and updated responsive design, engaging
user experience and improved functionality that provides greater
visibility and access to a universe of surplus energy assets. This
launch marks a significant deployment in the company’s LiquidityOne
transformation (LOT) initiative.
“We are excited to reintroduce Network International on our new
e-commerce platform and invite the energy industry to visit our
marketplace at www.networkintl.com to experience its next
generation functionality first-hand,” said Gardner Dudley,
president of Liquidity Services’ Capital Assets Group. “Going
forward, buyers will have a much more intuitive and efficient way
to search for assets, and transactions will be consolidated into a
single ‘My Account’ page where they can also view their bid
history, manage their preferences and access their watch list.”
Additional platform features include: search and filter
capabilities by asset category, condition, sale type, seller and
location; dual language selection in English and Spanish; default
time zone selection; and, new shopping cart and invoicing
functionality.
“Our new Network International marketplace will provide existing
and first-time global buyers with an enhanced platform that will
help them find high quality assets to support their businesses and
help sellers maximize the value of their surplus assets,” said Bill
Angrick, chairman and chief executive officer of Liquidity
Services. “With today’s launch, we have achieved another milestone
in our LiquidityOne transformation initiative. Our new LOT platform
supports Network International from sales opportunity creation,
through asset loading, invoicing, and final settlement bringing us
one step closer to consolidating our legacy systems and processes
into a new enterprise-wide solution.”
Network International is Liquidity Services’ e-commerce
marketplace where more than 150 categories of energy-related assets
from small, medium-size and Fortune 1000 companies are sold to a
global base of three million registered buyers in almost 200
countries and territories. More than 80,000 oil and gas
transactions have been completed to date in nearly every asset
category including equipment related to drilling, construction,
pipelines, power generation, oilfield production, refineries,
petrochemical units and more.
After providing brief registration information, interested
buyers can bid on assets for sale on Network International or other
Liquidity Services marketplaces.
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 10,000 clients worldwide. With
nearly $7 billion in completed transactions, and 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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version on businesswire.com: http://www.businesswire.com/news/home/20170712005695/en/
Liquidity ServicesJeanette Hanfling, 202-467-5723Director of
Public Relationsjeanette.hanfling@liquidityservices.com
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