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New York State Partners with GovDeals to Auction 2001 Bell 430 Police Helicopter

1. New York State is auctioning a 2001 Bell 430 Helicopter on GovDeals. 2. The helicopter has low usage and excellent component times remaining. 3. GovDeals, powered by LQDT, is a leading marketplace for surplus assets. 4. Auction runs until May 30, 2025, attracting potential buyers. 5. LQDT enables asset access through its extensive network of marketplaces.

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Why Bullish?

The auction highlights LQDT's market leadership in surplus asset sales, potentially boosting interest from investors.

How important is it?

As LQDT powers GovDeals, this auction reflects its operational strength, likely swaying investor sentiment positively.

Why Short Term?

The immediate auction event could drive interest in LQDT in the short term, similar to increased trading volumes seen during previous successful auctions.

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LATHAM, N.Y., May 23, 2025 (GLOBE NEWSWIRE) -- The New York State Office of General Services is conducting an online auction of a 2001 Bell 430 Helicopter on GovDeals, the leading online marketplace for government agencies to sell vehicles and other surplus assets. This auction provides a unique opportunity for interested buyers to acquire a well-maintained helicopter with excellent component times remaining. The 2001 Bell 430 Helicopter, with only 4,727 total hours of use, is now available for bidding. The auction is live and will close on May 30 at 1:00PM ET. The helicopter has two Rolls-Royce 250-C40 43 twin engines with 3468.7 and 4083.2 hours on them. The aircraft has had 13,771 landings and was last inspected on June 28, 2024. The helicopter is listed as being in good working condition when removed from service in April 2025. Interested parties can view the helicopter and additional details on the GovDeals auction page (2001 Bell 430 Helicopter | GovDeals). To participate in the auction, bidders must create a free account on GovDeals and complete the registration process. New bidder registration can be completed at GovDeals.com/Register. About GovDeals GovDeals is the world’s leading marketplace for surplus government and educational assets, ranging from heavy equipment and transportation assets to industrial machinery and real estate properties. GovDeals specializes in surplus disposition technology, partnering with government agencies and related entities to sell "as is, where is" surplus assets, equipment and materials in a transparent fashion. Sellers can directly launch and manage their listings in just days with more control and lower fees than traditional auction solutions. GovDeals is powered by one of the most experienced and trusted companies in the surplus industry: Liquidity Services (NASDAQ: LQDT), which has supported millions of customers across the globe. GovDeals buyers have direct access to all the surplus assets across Liquidity Services’ network of marketplaces in one centralized location. Contact: Angela Jones, GovDeals(334)-301-7823ajones@govdeals.com

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