LiquiTec Industries to Conduct Complete Liquidation of Blonder Home Accents

MILWAUKEE, Dec. 19, 2011 /PRNewswire/ -- LiquiTec Industries, Inc., a global asset management and disposition firm, has been chosen to perform the going-out-of-business sale for Blonder Home Accents by order of the secured lender. Blonder Home Accents is a distributor of wall coverings and home decor accessories headquartered in Cleveland, Ohio.

LiquiTec is now accepting bids during an orderly liquidation of Blonder's inventory, warehouse equipment, office furniture, and business machines. Intellectual property is also available, including the Blonder company name, trade names, trademarks, web URLs, and customer lists.

"We are confident in our ability to complete a successful liquidation on behalf of the secured lender," said Marc Swirsky, president, LiquiTec Industries. "We encourage retailers, wholesalers and discounters to take advantage of the sale of Blonder's multi-million dollar inventory."

Inventory will be sold on a first come, first served basis, and will be awarded to the highest bidder. Bids will be accepted until January 15. Interested retailers, wholesalers and discounters can access bidding information, terms of sale, and a full list of available Blonder inventory and assets at www.LiquiTec.net.

Remaining inventory will be available during an auction in mid-February. Further details will be available on the LiquiTec website in February.

About LiquiTec Industries, Inc.
LiquiTec Industries, Inc. is a global asset management and disposition firm that helps major corporations maximize return on and return of investment. The firm works with clients including the Fortune 1000, major manufactures, contractors, suppliers, asset-based lenders and professionals to sell non-strategic and surplus assets. LiquiTec acts as advisors, liquidators, auctioneers and brokers. The firm serves clients from 13 offices and strategic alliances worldwide. For more information, visit www.liquitec.net.

SOURCE LiquiTec Industries, Inc.