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FOR IMMEDIATE RELEASE

LIVEDEAL.COM EXPANDS AUTOS GROUP TO KEEP PACE WITH FAST GROWTH

LiveDeal ™ Brings on Car.com and Kelly Blue Book Veterans to Extend Automotive Internet Sales & Marketing Resources of Local Online Classifieds Leader

SANTA CLARA, Calif. , June 08, 2005 – LiveDeal™ (www.livedeal.com), the leading online local classifieds site, today announced it has added two veteran automotive Internet sales, marketing and operations managers to its Autos division. Jeffrey M. Raab has joined as Marketing Manager and Kevin P. Kiley will serve as Manager of Automotive Operations. Both Mr. Raab and Mr. Kiley will report directly to Devon Cohen , LiveDeal’s Vice President.

“Automobiles continues to be LiveDeal’s fastest-growing category with more than 30,000 cars listed and a growth rate of nearly 50 percent month-over-month,” said Cohen. “I am delighted to have the added experience, energy and proven skills of Jeff and Kevin to help us manage our growth and continue to deliver the very best automotive buying and selling experience on the Web for consumers and dealers alike.”

Jeffrey Raab joins LiveDeal with more than nine years of sales and ecommerce experience concentrated in the automotive space. Mr. Raab spent four years at StoneAge Corporation/Car.com (now owned by Autobytel, Inc.), helping to develop pioneering customer acquisition and search marketing strategies. While serving as national sales manager for the company, he was responsible for recruiting, training and managing outside sales teams, significantly increasing dealership accounts and growing bottom-line profits. Mr. Raab’s experience also includes having founded Search Sandbox LLC, a search engine marketing company focused on Search Engine Optimization, Pay-Per-Click Management and Internet Lead Generation. Mr. Raab holds two Bachelor of Science degrees from the University of Michigan (Ann Arbor).

Kevin Kiley has spent more than six years in the automotive Internet sales arena.  Prior to joining LiveDeal, Mr. Kiley worked at CDMdata, Inc., a division of the Kelly Blue Book Company, where he played a key role in successfully growing the company’s Dealer Services division. Before that, he served as an account executive for Internet service provider, Solv Technology, where he was responsible for securing and leading the company’s strategic partnership with Automark, a division of Reynolds and Reynolds. Mr. Kiley holds a Bachelor of Arts degree from Purdue University .

 
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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