Co-Founder of Restaurant.com Joins Travelzoo Local Deals

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Apr 01, 2011, 09:49 ET

NEW YORK, April 1, 2011 /PRNewswire/ -- Travelzoo Inc. (NASDAQ: TZOO), a global Internet media company, today announced Steve Savad, co-founder of Restaurant.com, joined Travelzoo as Senior Vice President of Business Development for Travelzoo Local Deals in North America. Mr. Savad will report to Mike Stitt, General Manager of Travelzoo Local Deals, and oversee all aspects of Travelzoo's merchant and commercial relationships in North America.

After starting Restaurant.com, Mr. Savad served in various roles for the company over the past decade, including Chief Financial Officer, Chief Operating Officer and Vice Chairman. Mr. Savad grew the Restaurant.com team to more than 120 professionals focused on establishing relationships with thousands of restaurants across North America. He played a critical role in developing a strategic relationship with Sysco, providing Restaurant.com access to thousands of restaurants across North America through the Sysco iCare program. Mr. Savad will continue to serve as a Director of Corporate Partnerships at Sysco iCare Marketing Inc.

"I am thrilled to partner with Steve as we continue to expand our coverage of high-quality Local Deals," said Mike Stitt, General Manager of Travelzoo Local Deals, North America. "Steve brings more than a decade of experience in the restaurant deals and voucher space and is an outstanding leader of people. It is an honor to have him join us at this early stage of our growth plan."

Mr. Savad graduated from Union College in Schenectady, NY, with a B.A. in Economics. He continued his studies at Brooklyn Law School. He resides in New York City with his wife and three children and will be based in Travelzoo's Madison Avenue headquarters.

About Travelzoo

Travelzoo Inc. is a global Internet media company. With more than 22 million subscribers in North America, Europe, and Asia Pacific and 23 offices worldwide, Travelzoo® publishes deals from more than 2,000 travel and entertainment companies. Travelzoo's deal experts review offers to find the best deals and confirm their true value. In Asia Pacific, Travelzoo is independently owned and operated by Travelzoo (Asia) Ltd. and Travelzoo Japan K.K. under a license agreement with Travelzoo Inc.

Certain statements contained in this press release that are not historical facts may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may include, but are not limited to, statements about our plans, objectives, expectations, prospects and intentions, markets in which we participate and other statements contained in this press release that are not historical facts. When used in this press release, the words "expect", "predict", "project", "anticipate", "believe", "estimate", "intend", "plan", "seek" and similar expressions are generally intended to identify forward-looking statements. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements, including changes in our plans, objectives, expectations, prospects and intentions and other factors discussed in our filings with the SEC. We cannot guarantee any future levels of activity, performance or achievements. Travelzoo undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. Travelzoo and Top 20 are registered trademarks of Travelzoo. All other names are trademarks and/or registered trademarks of their respective owners.

Media Contact:
Christie McConnell
Travelzoo, North America
+1 (212) 484-4912
[email protected]

SOURCE Travelzoo