Liquidation World Inc.

Liquidation World Inc.

November 30, 2007 10:37 ET

Liquidation World Names New Chief Financial Officer

BRANTFORD, ONTARIO--(Marketwire - Nov. 30, 2007) - Liquidation World Inc., (TSX:LQW) is pleased to welcome Mark Calaiezzi, C.A. to the Company. Mr. Calaiezzi will be based in the Brantford, Ontario Home Office and will succeed Andrew Searby as CFO in February 2008.

Mr. Calaiezzi's finance career spans over 30 years during which time he has held senior level roles with top tier consumer product companies including Kraft in Europe and Revlon in Canada. He brings to Liquidation World demonstrated skills in business analysis and process development, internal control implementation, systems integration, and change management.

Liquidation World President and CEO Jonathan Hill commented, "Mark is an accomplished senior executive and his experience and expertise will be extremely beneficial both in the short-term as we integrate our buying, operations, finance and administration functions under one roof in Brantford, and over the longer term as we evolve our strategic direction."

Andrew Searby, Liquidation World's incumbent CFO, had elected not to relocate to Brantford from Calgary during the Company's recent office consolidation, but will remain with the Company on a full-time basis through completion of fiscal 2007 year end reporting in February 2008.

About Liquidation World

Liquidation World liquidates consumer merchandise in Canada through 102 retail outlets. The Company solves asset recovery problems in a professional manner for the financial services industry, insurance companies, manufacturers, wholesalers and other organizations. Liquidation World is based in Brantford, Ontario and maintains a number of regional buying offices in Canada and the United States. The Company opened its first retail outlet in Calgary, Alberta in 1986 and today, with more than 1,600 employees, is Canada's largest liquidator.

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