Network Liquidators Triples Warehouse Space
Expansion accommodates acquisition, provides for future growth
OLDSMAR, Fla. – (May 1, 2007) – Network Liquidators (www.networkliquidators.com), a provider of high-quality pre-owned and refurbished networking equipment, has completed a warehouse expansion that triples the company’s storage capabilities.
Combining the contents of two previously existing facilities, the 22,000 square foot facility is part of the integration plan associated with the recent acquisition of 1 Nation Technology Corp. (www.1nationtech.com). Prior to the acquisition, Network Liquidators and 1 Nation Technology each leased approximately 7,000 square feet of warehouse space. 1 Nation Technology, now a division of Network Liquidators, is a distributor of new, used and refurbished telephone and telecommunications system products and a provider of related value-added services.
“The expanded warehouse allows us to provide better service to our customers and to accommodate the rapid growth we’ve experienced in the past few years,” said Barry Shevlin, CEO of Network Liquidators. “Our revenue has increased nearly 1,000 percent in four years, and the acquisition of 1 Nation Technology has doubled the size of our company. We look forward to continued dramatic growth in the future.”
About Network Liquidators
Network Liquidators (www.networkliquidators.com) is one of the nation’s largest sources for the purchase and sale of high quality pre-owned networking and telecommunications equipment from manufacturers such as Cisco Systems, Extreme Networks, Avaya and Nortel. Formerly a specialist in used network equipment and accessories, the Company expanded its scope with the acquisition of 1 Nation Technology, and now provides comparable quality and extent of product offerings in the telecommunications field, serving more than 12,000 end-user and reseller customers in more than 20 countries. With a trademark of exceptional service and support, Network Liquidators assists customers in developing dependable solutions at a reasonable total cost of ownership as well as converting out-of-service or decommissioned equipment into cash. Founded in 2001, Network Liquidators is based in Oldsmar, Fla., with an additional office in London. The Company debuted on the Inc. 500 in 2006.
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