Liquidation World: Liquidation World Announces Quarterly and Annual Sales

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Liquidation World Announces Quarterly and Annual Sales
October 3, 2000 – Calgary, Alberta

Liquidation World Inc. (LQW – TSE; LIQWF – Nasdaq) announces revenues for the year ending October 1, 2000. Sales for fiscal 2000 were $164.6 million compared to sales of $148.9 million in fiscal 1999, representing a 11% growth, year over year. For the fourth quarter of fiscal 2000, revenues were $41.7 million compared to $36.0 million for fiscal 1999, representing a 16% growth rate.

Complete financial results for fiscal 2000 will be announced in mid December.

Liquidation World is a liquidator of consumer merchandise through 86 outlets across North America. The Company conducts Auctions of a diverse range of merchandise and equipment in the Calgary and Edmonton, Alberta markets and through on-site auctions across North America. Liquidation World solves inventory problems, in a professional manner, for banks, receivers, insurance companies, manufacturers and other organizations, and is committed to providing its customers with outstanding value over a broad range of merchandise. Liquidation World opened its first outlet in 1986 and is now the largest liquidator in Canada, with more than 1600 employees in outlets across Canada and the U.S.

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For more information, please contact:
Mr. Dale Gillespie, President & C.E.O.
Mr. Andrew Searby, CA, Chief Financial Officer
E-mail: investorinfo@liquidationworld.com
Website: www.liquidationworld.com
Telephone: (403) 250-1222
Fax: (403) 291-1306

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	Liquidation World Announces Quarterly and Annual Sales October 3, 2000 – Calgary, Alberta
	Liquidation World Inc. (LQW – TSE; LIQWF – Nasdaq) announces revenues for the year ending October 1, 2000. Sales for fiscal 2000 were $164.6 million compared to sales of $148.9 million in fiscal 1999, representing a 11% growth, year over year. For the fourth quarter of fiscal 2000, revenues were $41.7 million compared to $36.0 million for fiscal 1999, representing a 16% growth rate. Complete financial results for fiscal 2000 will be announced in mid December. Liquidation World is a liquidator of consumer merchandise through 86 outlets across North America. The Company conducts Auctions of a diverse range of merchandise and equipment in the Calgary and Edmonton, Alberta markets and through on-site auctions across North America. Liquidation World solves inventory problems, in a professional manner, for banks, receivers, insurance companies, manufacturers and other organizations, and is committed to providing its customers with outstanding value over a broad range of merchandise. Liquidation World opened its first outlet in 1986 and is now the largest liquidator in Canada, with more than 1600 employees in outlets across Canada and the U.S. – 30 – For more information, please contact: Mr. Dale Gillespie, President & C.E.O. Mr. Andrew Searby, CA, Chief Financial Officer E-mail: investorinfo@liquidationworld.com Website: www.liquidationworld.com Telephone: (403) 250-1222 Fax: (403) 291-1306
	Next: Liquidation World Announces Rising Sales and Profits