LiveDeal Inc. to Offer Products and Services with Expansion of Platform

  LiveDeal Inc. to Offer Products and Services with Expansion of Platform

Business Wire

LAS VEGAS -- April 28, 2014

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 it will be expanding its existing
platform to offer products and services.

LiveDeal.com - online "real time" mobile deal platform. (Photo: Business Wire)

LiveDeal.com - online "real time" mobile deal platform. (Photo: Business Wire)

Having successfully launched www.livedeal.com in several major US cities along
with the release of both the Company’s Apple iOS and Android Apps, LiveDeal
will be expanding the livedeal.com platform to include goods and services in
such retail sectors as Fashion & Jewelry, Health & Beauty, Electronics, Home
and Children’s products and much more. This broadening of reach coincides with
an aggressive campaign to expand livedeal.com in the US and internationally
within the $660 billion dining industry.

With an expansion of its deal engine into products and services, LiveDeal
expects significant growth in revenues. Providing consumers with deals in both
the restaurant and retail markets will greatly enhance revenue generating
opportunities while at the same time help to grow the Company’s audience
exponentially.

Jon Isaac, President and CEO of LiveDeal, commented: “The LiveDeal
geo-location based mobile marketing platform has proven to be effective in
connecting restaurants to consumers. In addition to our goal of becoming a
dominant player in mobile restaurant marketing, we also have plans to
substantially expand the platform to offer a means for other types of
retailers to attract customers through our deal engine.”

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.

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.

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Contact:

Press inquiries:
LiveDeal Inc.
Terry Johnston, 855-531-4715
press@livedeal.com
http://livedeal.com/pressroom
 
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