LONDON–(BUSINESS WIRE)–Aug. 22, 2018–

Liquidity Services (NASDAQ:LQDT) (www.liquidityservices.com),

a global solution provider in the reverse supply chain with the world’s

largest marketplace for business surplus, today announced it will handle

the sale of all assets for Richmond Film Services, a professional audio

equipment hire company. The assets will be sold by auction through GoIndustry

DoveBid, a Liquidity Services e-commerce marketplace. GoIndustry

DoveBid is accepting pre-auction offers on packages of equipment from

now until 31 August 2018. The auction

will open on 3 September 2018 and close on 19 September 2018.

The auction features a wide range of pro-audio equipment including mono

and stereo microphones, radio microphones, valve microphones, digital

recorders, analogue mixers and amplifiers in addition to a huge variety

of accessories across all items. There is also a large quantity of

unused sales stock. Specific

equipment available includes:

Neumann U87Ai and TLM170i mono microphones

Neumann SM69 FET stereo microphone

Neumann M149 valve microphones

Schoeps CMIT5U, CCM4 and CCM41LG microphones

Sennheiser MKH40 and MKH80 microphones

Sennheiser 416P48 short gun microphones

Nagra IV-S analogue recorders and Nagra VI digital recorders

Sound Devices 633T, 664 and 688 mixers with integral recorders

Sound Devices 744T and 788T hard disk recorders

Audio Developments mixers including models AD144/10, AD144/16,

AD146/12 and AD149/8

AD146/12 and AD149/8 DPA 4060, 4061 and 4070 lavalier microphones

The company was originally founded in 1973 at The Old School in

Richmond, Surrey, before moving to the current location in Shepperton

Studios in early 2016. Richmond Film Services clients have included BBC

(The Proms, Wimbledon), ITV (Royal Variety Performance) and Sky as well

as providing equipment for a myriad of films including Little Voice, The

Mummy (2017) and Mama Mia.

Richmond Film Services’ past projects also include Les Miserables, a

film that was revolutionary in approach to soundtrack recording with all

vocals in the musical recorded live, culminating in the Oscar for Best

Sound Mixing at the 2013 Academy Awards.

In addition to Meryl Streep, Russell Crowe, Hugh Jackman and Ralph

Fiennes, even Her Majesty the Queen has stood in front of a microphone

provided by Richmond Film Services!

“Richmond Film Services is a big name in the pro-audio world and this

sale is an unparalleled opportunity to acquire some of the highest

standard pro-audio equipment that we have ever seen come on to the

second-hand market. The equipment has been maintained to extremely high

standards and this is a testament to the tireless work of Nigel Woodford

and his team over the many years the company has been in operation. The

sale of the assets represents a rare chance for users to not only grab a

piece of British pro-audio history but provide themselves with

the capabilities to go after the business that will no longer be

fulfilled by this company,” said Nick Taylor, Senior Vice President,

Liquidity Services.

“After a long and illustrious career in the pro-audio equipment rental

industry, Nigel Woodford is retiring and the decision has been made to

sell the assets of the company. We selected Liquidity Services because

of their unrivalled international Audio-Visual and Broadcast buyer base

which has been bolstered from the multiple major broadcast sales

undertaken by the company over Summer 2018. Liquidity Services has been

impressed by the high standard of our equipment, and this is one of the

key reasons our client list has included major film productions and

iconic British cultural and sporting events,” said Emma Morrison,

Richmond Film Services.

To learn more about this auction, please contact Andy Hackett, Project

Manager at Andy.Hackett@liquidityservices.com or

+44 (0) 207 098 3792 or visit GoIndustry

DoveBid.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180822005109/en/

Source: Liquidity Services

Liquidity Services

Julie Davis

Senior Director

202-215-1354

julie.davis@liquidityservices.com