BETHESDA, Md., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Liquidity Services, Inc. (NASDAQ:LQDT) today announced with deep sadness the passing of George H. Ellis, who served as a distinguished member of its Board of Directors since May 2010. Mr. Ellis was a vital contributor to the company's governance, serving on the Audit and Corporate Governance and Nominating Committees until his retirement in February 2026.

"George was a dedicated steward of our company's mission, a trusted advisor, friend and mentor to our leadership team," said Bill Angrick, Chairman and CEO of Liquidity Services. "His business acumen, particularly during his long tenure as Audit Committee Chair, helped guide our strategic growth and reinforce our commitment to integrity and transparency."

Mr. Ellis brought decades of experience to the Board, including his tenure as CFO of Sterling Software and Sterling Commerce. His leadership helped shape Liquidity Services into a global leader in the circular economy.

"We are deeply saddened by this loss and offer our sincerest condolences to the Ellis family," added Beatriz Infante, lead independent director of the Board. "George's mentorship and invaluable contributions will be greatly missed by the entire Board and management team."

About Liquidity Services, Inc.

Liquidity Services (NASDAQ:LQDT) operates the world's largest B2B e-commerce marketplace platform for surplus assets with over $15 billion in completed transactions to more than six million qualified buyers and 15,000 corporate and government sellers worldwide. The company supports its clients' sustainability efforts by helping them extend the life of assets, prevent unnecessary waste and carbon emissions, and reduce the number of products headed to landfills.

Contact:

Liquidity Services, Inc.

Investor Relations

202-467-6868

Liquidity Services Mourns the Loss of Long-Serving Director George H. Ellis