Liquidation World Inc. is pleased to announce the opening of a computer liquidation centre within its Hamilton City Centre Outlet on Saturday, December 1, 2001 in Hamilton, Ontario.

This business is being launched as a joint venture between Liquidation World Inc. and factorydirect.ca – "Canada’s Computer Liquidators". factorydirect.ca is a privately held Canadian company with 5 locations in Southern Ontario, specializing in selling computer products acquired through opportunity situations, thus providing tremendous value to the consumer. If successful, Liquidation World intends to expand this joint venture to a number of its other locations.

"We are excited about the opportunity to offer our customers extreme value in this desirable product category," said Dale Gillespie, President and C.E.O. of Liquidation World Inc. "We look forward to working with factorydirect.ca who not only understand this market segment but also share the same philosophy of extreme value and procurement methods as does Liquidation World."

Liquidation World is a retail liquidator of consumer merchandise through 93 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 is celebrating its 15th year of growth and profitability, and is now the largest liquidator in Canada with more than 1600 employees in outlets across Canada and the U.S.