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SaveDaily, Inc. Adds Two Financial Services Veterans to Advisory Board

Newly Created Advisory Board to Add Marketing Focus and Guide Best Practices


News provided by

SaveDaily, Inc.

Dec 23, 2011, 01:24 ET

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SEAL BEACH, Calif., Dec. 23, 2011 /PRNewswire/ -- SaveDaily, Inc. (OTCBB: SAVY), the leading provider of low cost mutual fund investing platforms used by financial institutions, has announced the creation of an advisory board designed to assist management with marketing and financial industry best practice strategies. The company has named two initial members to the board.

Bart Creedon is a Principal and Health Savings Account (HSA) National Product Director for ACS Mellon. His responsibilities include determining and executing product strategy and development, managing product financials, and supervising key partner relationships for the ACS|BNY Mellon HSA Solution, a leader in the health savings account space.

Scott Waite, CEO of Patelcorp, is responsible for corporate finance and accounting, ALM and investments, plastic card services, and the investment brokerage and insurance Subsidiary Corporation for Patelcorp Credit Union. He is also CFO for parent company Patelco and in 2003 he became the first representative from the credit union industry on the prestigious Advisory Council of the Financial Accounting Standards Board (FASB). Scott is serving his 7th year as Chair of Credit Unions of North America's Accounting Subcommittee. He is the recipient of numerous national awards for his skills and work within the financial services industry.

According to Gregory Vacca, president of SaveDaily, Inc., "Having individuals of this caliber on our advisory board will help guide our market penetration into the financial services industry. So far we are very happy with the acceptance and customer satisfaction with SaveDaily's unique platform and we look forward to continuing to provide exceptional service to the investing and saving community."

About SaveDaily, Inc.

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.

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