LAS VEGAS, July 8, 2014 /CNW/ - LiveDeal Inc. (NASDAQ:LIVE) ("LiveDeal" or the "Company"), a publicly traded company that operates livedeal.com, a geo-location based mobile marketing platform that enables restaurants to publish "real-time" and "instant offers" to nearby consumers, today announces that the company added 922 restaurants to its "deal engine" during the month of June, representing significant growth and penetration in the 50 US cities where it maintains a presence.
"The month of June was important for LiveDeal, as it showed our current and potential partners that our real-time 'deal engine' product helps bring in customers during off-peak hours and contributes to our partners building loyalty and familiarity in their markets, " said Jon Isaac, CEO of LiveDeal, Inc. "LiveDeal's facilitation of thousands of deals in our current markets and the acquisition of nearly 1,000 new restaurant partners is a tribute to the quality and real-time benefit we offer, and we anticipate continued growth in the coming months."
About LiveDeal, Inc.
LiveDeal Inc. provides marketing solutions that boost customer awareness and merchant visibility on the Internet. LiveDeal operates a deal engine, which is a service that connects merchants and consumers via an innovative platform that uses geo-location, enabling businesses to communicate real-time and instant offers to nearby consumers. In November 2012, LiveDeal commenced the sale of marketing tools that help local businesses manage their online presence under the Company's Velocity Local™ brand. LiveDeal continues to actively develop, revise, and evaluate these products and services and its marketing strategies and procedures. For more information, visit www.livedeal.com.
Forward-Looking and Cautionary Statements
This press release contains "forward-looking" statements that are based on present circumstances and on LiveDeal's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements, including any statements regarding the plans and objectives of management for future operations or products, the market acceptance or future success of our products, and our future financial performance, are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements. Forward-looking statements are made only as of the date of this release and LiveDeal does not undertake and specifically declines any obligation to update any forward-looking statements. Readers should not place undue reliance on these forward-looking statements.
SOURCE: LiveDeal Inc.
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