LiveDeal, Inc.'s subsidiary, Velocity Local, Expands and Establishes New Los Angeles Headquarters

LiveDeal, Inc.'s subsidiary, Velocity Local, Expands and Establishes New Los 
Angeles Headquarters 
LOS ANGELES, CA -- (Marketwired) -- 08/05/13 --  Velocity Local, a
wholly-owned subsidiary of LiveDeal, Inc. (NASDAQ: LIVE), today
announced that it has expanded its operations and chosen Los Angeles,
California for its corporate headquarters, effective August 1, 2013.
The new Velocity headquarters are located at 15456 Ventura Boulevard,
Sherman Oaks, CA 91403. 
The company provides a high quality, extremely affordable
full-service package by offering an all-in-one marketing solution for
small, local businesses complete with a custom website and mobile
app, fully managed social media marketing, local marketing and
comprehensive analytics to monitor and track progress. 
The company selected this prestigious new Los Angeles location due to
its favorable environment for business and commerce. With a thriving
economy and diversified workforce, this area provides the ideal
setting to expand personnel as the company is anticipating
experiencing growth in its core business. Velocity Local's new
headquarters are easily accessible and are located alongside numerous
financial corporations and business support services. Due to its
close proximity to the Los Angeles International Airport it easily
supports existing customers who are visiting, as well as potential
new clients. 
"We are very excited to tap into the vast talent and opportunities
afforded in Los Angeles County, a global hub of innovation and
creativity," explained Vanessa Luna, Director of Business Development
at Velocity Local. Our existing Las Vegas Nevada location is thriving
under seasoned management. Going forward, Velocity Local will
continue in its stride to market and deliver extremely high quality,
affordable, advanced, highly effective and cost-efficient marketing
solutions to the approximately 25,000,000 small, local businesses
nationwide that do not have these basic crucial services at hand
today." 
In the coming months, Velocity Local will also announce numerous
initiatives that the company expects will further accelerate its
growth. To learn more about the company's services and features or to
get started, visit www.velocitylocal.com. 
About LiveDeal, Inc. 
LiveDeal, Inc. provides marketin
g solutions that boost customer
awareness and merchant visibility on the Internet. LiveDeal recently
launched two new business lines under new management after a period
of re-evaluating the company's sales program, products, distribution
methods, and vendor programs. In November 2012, LiveDeal commenced
the sale of marketing tools that help local businesses manage their
online presence under the company's Velocity Local(TM) brand, which
LiveDeal refers to as online presence marketing. Previously, in
August 2012, LiveDeal commenced sourcing local deal and activities to
strategic publishing partners under its LiveDeal(R) brand, which the
company refers to as promotional marketing. 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. 
Investor Contact: 
Constellation Asset Advisors, Inc. 
Steffan Dalsgaard 
Senior Vice President 
(775)771-5808