LiveDeal Inc. to Offer Deals in Top 20 U.S. Cities through Livedeal.com and Expands Restaurant Procurement Team

LAS VEGAS—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 announced that the Company has expanded its restaurant procurement team to ramp-up expansion and rapidly establish livedeal.com in the top 20 cities in the US.

“We are very pleased with the positive response that we’ve been getting from restaurants. Restaurants have been seeing tremendous value in our product which has made it a breeze for our account managers to sign-up restaurants across the country on a daily basis.”

Due to the very positive feedback that livedeal.com is receiving from both consumers and restaurants in its initial launch cities of San Diego, Los Angeles, San Francisco and New York, the company has expanded its deal procurement team, who in recent weeks have collectively been successfully signing-up restaurants in cities across the nation. The Company expects that this expansion will potentially make the LiveDeal.com platform available to a big share of the U.S. population.

Jon Isaac, President and CEO of LiveDeal, commented; “We are very pleased with the positive response that we’ve been getting from restaurants. Restaurants have been seeing tremendous value in our product which has made it a breeze for our account managers to sign-up restaurants across the country on a daily basis.”

What is livedeal.com?

livedeal.com is a unique, real-time “deal engine” that connects merchants with consumers. The Company believes that it has developed a first-of-its-kind web/mobile platform providing restaurants with full control and flexibility to instantly publish customized offers whenever they wish to attract customers. The website includes a number of user and restaurant-friendly features, including:

• an intuitive interface enabling restaurants to create limited-time offers and publish them immediately or on a preset schedule that is fully customizable;
• state-of-the-art scheduling technology giving restaurants the freedom to choose the days, times and duration of the offers, enabling them to create offers that entice consumers to visit their establishment during their slower periods;
• advanced publishing options allowing restaurants to manage traffic by limiting the number of available vouchers to consumers;
• superior geo-location technology allowing multi-location restaurants to segment offers by location, thereby attracting customers to slower locations while eliminating potential over-crowding at busier sites;
• innovative proprietary restaurant indexing methodology; and
• a user-friendly mobile and desktop web interface allowing consumers to easily browse, download and instantly redeem “live” offers found on livedeal.com based on their location.

Restaurants can sign up to use the LiveDeal platform at the Company’s website (www.livedeal.com).

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.