Harry S. Dent, Jr., Chairman of SaveDaily, Inc. Delivers Economic Perspective to Credit Unions

SEAL BEACH, Calif., Oct. 6, 2011 /PRNewswire/ -- Jeffrey Mahony, CEO of SaveDaily, Inc., (OTCBB: SAVY) the leading provider of low cost mutual fund investing platforms used by financial institutions, announced that Harry S. Dent, Jr., the company's Chairman, provided keen economic insights and forecasts to participants of the Annual Conference of the Product and Research Organization for Credit Unions (PROCU) which was held this week in Laguna Beach, CA, October 2-4.

Mark Hoaglin, VP Investment and Insurance Services, Patelco Credit Union, said after the presentation, "Harry Dent is a must read and must see for everyone in the financial services industry.  He has an easy to understand perspective on the trends that affect our industry now and will continue to influence our decisions in the future."

Mr. Dent writes an economic newsletter that reviews the economy in the US and around the world through demographic trends focusing on predictable consumer spending patterns, as well as financial markets, and has written seven books, of which two recent ones have been bestsellers.  Mr. Dent's latest book, The Great Crash Ahead, Strategies for a World Turned Upside Down, was the topic of his presentation. As apparent from the book title, Mr. Dent believes that there is still a period of economic turmoil ahead and offers specific strategies to cope with upcoming financial challenges.

Attendee Thomas Fitzpatrick, CFP®, Investments Program Manager at Xceed Credit Union, said, "I was fortunate to hear Harry Dent earlier in the year.  His rationale and analysis of the powerful effects of demographics so struck me that I repositioned my entire personal investment portfolio.  Thanks to Harry's insights, I've realized positive results and avoided negative impacts to our retirement savings.  I was glad PROCU had him speak and to learn from him again."  

Committed to the mission and success of SaveDaily, Mr. Dent will continue his series of keynote speeches and CEO round tables sponsored by SaveDaily. Early next month, Patelco Credit Union will sponsor an Internet opportunity for credit union executives to hear Mr. Dent provide current economic insights and describe how they and the financial services industry can best respond to their members in light of anticipated changes.  Patelco currently offers a low cost mutual fund investment platform "InvestDaily'" in partnership with SaveDaily.

SaveDaily was founded to provide people of all income and asset levels the information and tools necessary to invest and self manage their short and long term savings goals. The company's mission is to provide advice-driven investment services to the mass market, worldwide, that are otherwise made available only to the high-net worth investor. The company's services are offered through select financial partners such as banks, broker-dealers and credit unions via the white label program. Mr. Dent is a major shareholder of SaveDaily, Inc., and through personal and foundation funds has funded a significant portion of the company's platform development.

PROCU is a unique trade organization committed to promoting education and communication among credit unions and credit union services organizations (CUSOs) nationwide.  The annual conference is designed for senior managers of investments, insurance, member benefit programs, or trust services to gain new insights through intimate group gatherings, panel discussions, professional networking and learning from industry recognized speakers, thereby enhancing value to credit union members by promotion, sales, service, operations and compliance of investments, insurance, risk management, financial planning inclusive of retirement and estate, and other related products and services.  

About SaveDaily

SaveDaily offers investments and record-keeping services to its intermediary partners, as well as directly to clients through a variety of white-labeled interfaces. SaveDaily owns its proprietary financial services platform which has been in production for about three years, helping financial intermediaries succeed in bringing suitable and affordable investment services to everyday savers and investors.  SaveDaily, through its financial services partners, has the capability of making virtually all mutual funds available to its clients. SaveDaily conducts its business through its wholly owned subsidiary, SaveDaily.com, Inc., which is headquartered in Seal Beach, California and is a Registered Investment Advisor with the Securities and Exchange Commission.  For more information, visit www.savedaily.com.

Forward Looking Statements

This release contains forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to the possibility that some or all of the matters and transactions considered by SaveDaily may not proceed as contemplated, and by all other matters specified in SaveDaily's filings with the Securities and Exchange Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. SaveDaily does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the SaveDaily's filings with the Securities and Exchange Commission, including its recent periodic reports.

Company Contact:
Jeff Mahony, CEO
(562) 795-7000

Investor Contact:
Capital Market Relations
Chris Rosgen
(949) 481-9739

SOURCE SaveDaily, Inc.