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Network Liquidators Acquires 1 Nation Technology

Network Liquidators Acquires 1 Nation Technology


The Leading Provider of Pre-Owned Networking Products Expands Offering to Include Full Range of Telecommunications Equipment and Services.

TAMPA, Fla. – Dec. 18, 2006 – Network Liquidators, an Inc. 500 company and leading source for high-quality pre-owned and refurbished networking equipment, today announced the acquisition of 1 Nation Technology, a leading distributor of new, used and refurbished telephone and telecommunications system products and provider of related value-added services throughout North America.

“1 Nation has an impressive history of operational excellence, and we see many advantages in this partnership, especially considering the accelerated convergence of voice and data technologies in today’s IT industry and business environments,” commented Barry L. Shevlin, president and CEO of Network Liquidators. “Together we represent the complete one-stop source for highest-value, lowest-cost networking, telecommunications and telephone products and solutions. In addition to the great employees at both companies and the overall commitment to quality we deliver, we’re also both headquartered within very close proximity in the Tampa Bay area, contributing to the seamless transition and efficiency we anticipate with this acquisition.”

1 Nation will operate as a division of Network Liquidators, maintaining its separate brand identity, sales and service organization under the leadership of David Key, president of 1 Nation, who has been with the company nine years.

“Becoming part of Network Liquidators brings unprecedented growth opportunity and service enhancements to our operations,” Key said. “This is an extremely positive development for 1 Nation, our customers and employees, as we embark on this exciting new course in our 11-year history. We now have a central position in a market where more affordable telecommunications and networking solutions are in high demand.”

ABOUT 1 NATION TECHNOLOGY
Founded in 1995, 1 Nation Technology is renowned for its expertise in the procurement and sale of pre-owned telephones and telecommunications system products and solutions. The company serves more than 4,000 customers throughout North America, providing same-day shipping, advanced replacement, technical support, repair services, comprehensive warranty protection, online ordering, leasing and buy-back options. Its extensive product offering features such popular brands as Nortel, Avaya, Polycom, Plantronics, Scitec, Anco, GN Netcom, Aastra and Kentrox. With 1 Nation’s expert refurbishment and repair services, it pays top dollar for pre-owned equipment, converting unwanted inventory into income and renewed business value. For more information, visit www.1nationtech.com.

ABOUT NETWORK LIQUIDATORS
Network Liquidators is a leading source for buyers and sellers of used networking equipment and accessories. The company stocks products from top-name manufacturers, including Cisco Systems, Extreme Networks, Nortel, Foundry Networks and F5, that have been rigorously inspected and quality tested by knowledgeable industry-certified technicians. Serving more than 8,000 end-user and reseller customers worldwide, Network Liquidators provides next-day shipping on most products as well as flexible financing options. In 2006, the company debuted on the Inc. 500, ranking 95th on this listing of the nation’s fastest-growing businesses.

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