FOR IMMEDIATE RELEASE

LIVEDEAL.COM’S RAJESH NAVAR TO SHARE VISION ON FUTURE OF LOCAL ONLINE CLASSIFIEDS MARKET DURING THE KELSEY GROUP’S DRILLING DOWN ON LOCAL CONFERENCE 

LiveDeal Invites Media Companies to Conference Booth #24 to
Discuss Partnership Strategies to Profit from the Burgeoning Online Classifieds Market

SANTA CLARA, Calif., March 21, 2006 – LiveDeal.com (www.livedeal.com), one of the nation’s leading local online classifieds sites, today announced that the company’s founder and CEO, Rajesh Navar, will be a featured speaker at The Kelsey Group’s Drilling Down on Local Conference, taking place in San Jose, Calif. from March 26-28, 2006. Navar will be a speaker on the panel entitled, “The Ultimate Mashup: Classifieds, Local Listings and ‘Social Search,” taking place on March 28 from 3:00 – 3:45 p.m. The panel will explore the quickly accelerating evolution of the local product and the implications for the future of the online classifieds, listings and ‘social search’ markets.

“LiveDeal is playing a prominent role in the rapid development of the local online classifieds market,” remarked Greg Sterling, analyst with The Kelsey Group.  “I look forward to Rajesh's perspective and participation on the panel, which should be provocative and will examine how product categories and definitions are blurring as the ‘local’ industry continues to evolve and mature."

In addition to having a speaking role, LiveDeal will be exhibiting during the Drilling Down on Local event (booth number 24). At the LiveDeal booth, business development re presentatives will be on hand to discuss the variety of partnership opportunities for media companies interested in profiting from the burgeoning online classifieds market. Companies interested in scheduling a meeting at the conference should contact Arjun Srinivasan, LiveDeal’s director of business development, at 408-855-9988 x142.

“The concept of local is central to any discussion of Web 2.0,” said Rajesh Navar, LiveDeal’s CEO.  “I’m proud of the role LiveDeal has played in making the local online market a reality and I’m looking forward to sharing my views on the future of classifieds. LiveDeal’s experience sheds new light on the value of true local marketplaces versus ‘listings-places’ and demonstrates the importance of creating a consistent, robust experience for both buyers and sellers.”

Navar brings a unique perspective and deep search expertise to the Drilling Down on Local panel.  Prior to founding LiveDeal and growing the site to its position today as one of the top ten most visited online classifieds sites, Navar was an early member of the eBay engineering team.  There, he led eBay’s search technology group and was responsible for eBay’s technology infrastructure during the company’s explosive growth of more than 4,000 percent, including item listings growing from 300,000 items to more than 15 million items, and registered users growing from about 200,000 to more than 60 million.

More information on the Drilling Down on Local Conference is available at www.kelseygroup.com.