Network Liquidators CEO Named Entrepreneur of the YearOldsmar, Fla. – May 21, 2008 – Barry Shevlin, founder and CEO of Network Liquidators (http://www.networkliquidators.com), has been named the overall 2008 Entrepreneur of the Year by the Gulf Coast Business Review. "I am pleased and honored to be named Entrepreneur of the Year," says Shevlin. "I think it demonstrates how dreams, perseverance and assembling a great team such as we have at Network Liquidators can poise a company for success and even greater future growth." As one of the nation's largest buyers and sellers of pre-owned networking and telecommunications equipment, Network Liquidators has grown substantially since its inception in 2001. With revenues of approximately $6 million in 2004, the company grew to revenues in excess of $44 million in 2007. In 2006, the Company appeared as #95 on the Inc. 500 list with three-year growth of 895.1 percent and in 2007 was named the 5th fastest growing company in the Tampa Bay Business Journal's "Fast 50" list, increasing 163.3 percent over 2006. The Company is on target to exceed $68 million in 2008 and reach an anticipated $120 million in 2009. ABOUT NETWORK LIQUIDATORS Network Liquidators (http://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, Nortel Networks, Avaya and Polycom. With a trademark of exceptional service and support, Network Liquidators serves more than 12,000 end-user and reseller customers in more than 20 countries and includes a lifetime warranty. The Company 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. The Company debuted on the Inc. 500 in 2006, and management has driven revenue to more than $40 million in six years. |
