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FOR IMMEDIATE RELEASE
LIVEDEAL.COM TO PRESENT AT THE CEO PITCH @ STANFORD DURING THE AO2005:
INNOVATION SUMMIT
Leading Online Classifieds Company to Discuss Market Opportunity, Vision
SANTA CLARA, Calif. , July 13, 2005 – LiveDeal™ (www.livedeal.com), the leading online local classifieds site, today announced that it has been chosen by the AlwaysOn Network to present at the CEO Pitch @ Stanford program, during the AO2005: Innovation Summit. AlwaysOn will spotlight a select number of private company CEOs to ‘pitch’ their business plan and go-to-market strategy to a panel of peers and an audience of corporate development officers, investors, and members of the press. The AO2005: Innovation Summit will run from July 19 – 21 at the Frances C. Arrillaga Alumni Center on the Stanford University campus in Palo Alto, California .
The CEO Pitch @ Stanford consists of private companies at all stages of development, from early to late stage. Companies were evaluated and chosen by the AlwaysOn editorial staff, together with a team from the MIT/Stanford Venture Lab (VLAB) – a joint venture between the MIT Enterprise Forum, the Office of Technology Licensing at Stanford University, and the Alumni Association of the Graduate School of Business. At the AO2005: Innovation Summit, each CEO Pitch will be evaluated by a panel of judges on overall value proposition and market strategy, and the top 3 winners will be invited to present on the main forum to thousands of in-person and webcast attendees.
Launched nationally in November, 2004, LiveDeal.com had more than half a million visitors in June listing a broad array of items such as autos, furniture, real estate and pets. These categories are growing at a rate of 35 to 50 percent month over month, demonstrating high demand for an efficient and cost-effective local marketplace for heavy, hard-to-ship items that gives consumers an opportunity to “try before they buy.”
“The CEO Pitch is an open forum where companies can unveil their go-to-market strategies,” said Tony Perkins, founder and editor of AlwaysOn. “Following in the tradition of AlwaysOn, companies are able to obtain unique insights from leading industry insiders, meet their peers and partners, and gain the attention of the venture and press communities.”
“The opportunity for the company that does online classifieds best is enormous,” observed Rajesh Navar, founder and CEO of LiveDeal. “The response to LiveDeal from consumers across the United States has been extremely enthusiastic to date, with more than $1 billion worth of goods listed for sale on the site – and we’ve just scratched the surface. I’m looking forward to presenting the LiveDeal market opportunity and next-level strategy to the AlwaysOn attendees.”
The CEO Pitch @ Stanford is sponsored by the MIT/Stanford Venture Lab. |
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With a management team hailing from eBay, FordDirect.com 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 then 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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| AlwaysOn is transforming the communications business with its online blogging network, establishing it as a leader in the Open Media revolution. Borrowing from the underground traditions of blogging and social networking, AlwaysOn (http://www.alwayson-network.com/) was launched in 2003. Today, AO’s annual Summit @ Stanford and OnHollywood events, print “blogozine” and online services encourage direct collaboration between global thought leaders and technology insiders. No other media brand has dared allow such openness amongst its readers and participants. AlwaysOn, LLC, is a privately held and virtually headquartered company born out of the heart of Silicon Valley . |
