Local Corporation Announces Spreebird Sale

  Local Corporation Announces Spreebird Sale

      Transaction expected to immediately improve earnings and cash flow

Business Wire

IRVINE, Calif. -- July 29, 2013

Local Corporation (NASDAQ: LOCM), a leading online local media company, today
announced the sale of its Spreebird deals business to nCrowd, Inc.

Under the terms of the definitive agreement, nCrowd, Inc. acquired the
Spreebird business and all related assets. The transaction is connected to
Local Corporation’s exit from the direct SMB sales market earlier this year.

The transaction is expected to improve Local Corp.’s bottom line and cash
flow, while allowing the company to further streamline its business strategy
and focus on the core areas of its business. The transaction is expected to
result in an annualized improvement in earnings and cash flow for the company
of approximately $600,000. The improvements to earnings and cash flow for  the
second half of the year were taken into account as part of the company’s
annual guidance.

About Local Corporation

Local Corporation (NASDAQ:LOCM) is a leading online local media company that
connects brick-and-mortar businesses with over a million online and mobile
consumers each day using a variety of innovative digital marketing products.
To advertise, or for more information, visit: http://localcorporation.com.

Forward Looking Statements

This press release contains certain forward-looking statements that are based
upon current expectations and involve certain risks and uncertainties within
the meaning of the U.S. Private Securities Litigation Reform Act of 1995.
Words or expressions such as "anticipate," "plan," "will," "intend," "believe"
or "expect'" or variations of such words and similar expressions are intended
to identify such forward-looking statements. These forward-looking statements
are not guarantees of future performance and are subject to risks,
uncertainties, and other factors, some of which are beyond our control and
difficult to predict and could cause actual results to differ materially from
those expressed or forecasted in the forward-looking statements. Key risks are
described in the filings we make with the U.S. Securities and Exchange
Commission. The forward-looking statements in this release speak only as of
the date they are made. We undertake no obligation to revise or update
publicly any forward-looking statement for any reason. Unless otherwise
stated, all site traffic and usage statistics are from third-party service
providers engaged by the company. Traffic and our monetization of that traffic
combine to determine our revenues for any given period. Our traffic volume
alone for a period should not be viewed as demonstrative of our financial
results for such period.


Investor Relations and Media Relations Contact:
Local Corporation
Cameron Triebwasser