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FOR IMMEDIATE RELEASE

LIVEDEAL.COM LAUNCHES ALERTS FEATURE; BECOMES ONLY NATIONWIDE ONLINE CLASSIFIEDS SITE TO OFFER CONVENIENCE OF EMAIL NOTIFICATION OF NEW ITEMS FOR SALE BASED ON KEYWORD SEARCH

LiveDeal "Pings" Consumers When Specified Items Go Up for Sale; Ensures Buyers Never Miss an Item They Seek

SANTA CLARA, Calif. , May 24, 2005 – Establishing a new standard for convenience and service in the online local classifieds marketplace, industry leader LiveDeal, Inc. (www.livedeal.com) announced today it now offers email alerts that sends items for sale right to consumers’ email boxes, saving them time and effort trying to find a particular item for sale locally or nationally. On LiveDeal.com, consumers simply type in the alert keyword (e.g. “2004 Jeep Cherokee Laredo” or “Sony flat screen TV”), confirm their alert request via email and go on with their day, knowing they will be immediately notified by email once the item is listed on LiveDeal.com. With more than $1 billion in goods for sale and more than 200,000 items being added monthly, LiveDeal.com is the ideal site for finding virtually any item, including cars, furniture, electronics and pets.

“At LiveDeal, we want to provide the easiest and most successful buying and selling experience on the Web, and features such as email alerts allow us to deliver unmatched service and convenience to our millions of users across the nation,” said Rajesh Navar , founder and CEO of LiveDeal.

Based on sophisticated search technology, alerts have been widely used by consumers on Google and other sites to track daily news on specific topics.  Shopping alerts are an untapped consumer opportunity and represent a potentially significant shift in consumer shopping habits -- instead of consumers spending hours combing through traditional classifieds or browsing online, they now have the convenience of letting the items they want come to them.

“The new Alerts functionality is highly valuable for buyers and sellers alike," said Greg Sterling, program director for The Kelsey Group. "The Alerts, together with LiveDeal's local focus, also further differentiate the site in an increasingly competitive online marketplace.”

LiveDeal.com is the first free online local classifieds site with nationwide coverage in more than 50,000 zip codes to offer the convenience of sale item alerts. On LiveDeal, alerts are unlimited and do not expire unless cancelled by the user. Create your own free LiveDeal Alerts now for items you are looking to buy at www.livedeal.com.

 
About LiveDeal

With a management team hailing from eBay and other pioneering Internet companies, LiveDeal is the leader in online local classifieds with more than $1 billion worth of goods listed for sale. With its free listings and broad selection, LiveDeal.com is ideal for trading hard-to-ship items such as automobiles, furniture, pets, appliances, real estate and other “try before you buy” items, eliminating shipping costs and reducing fraud. Buyers can browse or search for items using LiveDeal’s easy-to-use web interface, seeing what’s available locally first and nationwide second. LiveDeal also serves the national market for sellers looking for a more cost-effective marketplace to list multiple items for sale in a single click and without the burden of listing fees. For more information, visit www.livedeal.com.

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