LiveDeal Projects Record Year For Growth of Revenue and Earnings

LAS VEGAS, June 19, 2015 /PRNewswire/ -- LiveDeal Inc. (NASDAQ:LIVE) ("LiveDeal" or the "Company"), a publicly traded company that operates livedeal.com, a geo-location based mobile marketing platform for consumer products and  "real-time" and "instant dining offers" to nearby consumers, today announces it anticipates fiscal year 2015 to be a record year for the Company, as a result of its strategic acquisitions and significant increase in sales.

Due in part to the continued growth of its subsidiary, ModernEveryday, as well as the Company's expansion into online sales of consumer products, the Company expects significant increase in sales revenues by year's end.  In addition, the Company has added operational staff to maximize efficiency allowing better outreach, production and fulfillment, as well as increased marketing efforts that are helping the Company gain momentum.

"We are enthusiastic about how quickly LiveDeal continues to grow from being strictly a restaurant deal site to a national distributor of consumer products," said Jon Isaac, CEO of LiveDeal.  "Our hard work is paying off in terms of revenue generation and growth, and we anticipate that our future results will continue to surpass our prior years' revenues, while maintaining our dedication to providing both consumer and shareholder value."

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 may contain "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995.  In accordance with the safe harbor provisions of this Act, statements contained herein that look forward in time that include everything other than historical information, involve risks and uncertainties that may affect the Company's actual results.  There can be no assurance that such statements will prove to be accurate and there are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company, including, but not limited to, plans and objectives of management for future operations or products, the market acceptance or future success of our products, and our future financial performance.  The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2014, most recent Quarterly Report on Form 10-Q, and other filings with the U S. Securities and Exchange Commission (available at http://www.sec.gov). The Company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.

SOURCE LiveDeal Inc.

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED