David R. Maltz & Co. Awarded Two NYS Department of Taxation Contracts for Auction Services and Storage

Company to Provide Auction Expertise for Seized Vehicles and Businesses

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| Source: David R. Maltz & Co.

CENTRAL ISLIP, N.Y., Aug. 11, 2014 (GLOBE NEWSWIRE) -- David R. Maltz & Co., Inc., a premier full-service auction company serving the New York metropolitan region, announced today that it was awarded two New York State Department of Taxation contracts. The company will oversee the auction and storage of seized vehicles. It will also provide auction services for seized businesses.

Under the awarded contracts, David R. Maltz & Co. will be responsible for providing services in two regions: The Bronx, New York, Kings, Richmond counties as well as Queens, Nassau and Suffolk counties. Each of the contracts is for three years, and may be renewed for two one-year periods.

"We are very pleased to continue our work with the State of New York, and look forward to another successful partnership with the Department of Taxation and Finance," said Richard Maltz, vice president of the firm.

"Over the course of our 35-years in business, we have established strong relationships with numerous government entities, and we will put our expertise to work in helping the government achieve maximum results in the marketing and selling these vehicles and businesses to qualified buyers," said David Maltz, the company's president.

Among its many services, David R. Maltz & Co., Inc. specializes in real estate as well as personal and intellectual property auctions. The company also offers expertise in liquidations, appraisals, brokered sales and real estate brokerage.

To learn more about David R. Maltz & Co., Inc., including its 15-plus currently scheduled auctions, visit MaltzAuctions.com.

About David R. Maltz & Co., Inc.

David R. Maltz & Co., Inc. is a premier, full-service auction company specializing in creating liquidity through the auction method of marketing. Now a $100+ million company with an impeccable reputation for professionalism, integrity and success, David R. Maltz & Co., Inc. has conducted thousands of auctions on behalf of such clients as the U.S Bankruptcy Courts and financial institutions throughout the country, the U.S. Department of Justice, Internal Revenue Service, Small Business Administration, as well as law firms, private individuals and corporations, nationwide. The 35-year-old firm is nationally recognized as a trusted name in excellence and achievement. www.MaltzAuctions.com

Kerry Gillick-Goldberg

516.455.3179