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FOR IMMEDIATE RELEASE

LIVEDEAL.COM SOARS TO $5 BILLION WORTH OF GOODS LISTED FOR SALE; LOCAL ONLINE CLASSIFIED SITE SETS RECORDS WITH ITS GROWTH OF UNIQUE VISITORS AND CATEGORIES

Key Classifieds Categories including Real Estate, Pets, Autos and Furniture Experiencing
Triple Digit Percentage Growth Month-Over-Month

SANTA CLARA, Calif., A pril 26, 2006 – One year after announcing that it had topped $1 billion in the value of merchandise listed on its site, LiveDeal.com (www.livedeal.com), one of the nation’s leading free local online classifieds sites, today announced the site now has in excess of $5 billion worth of goods listed for sale. Additionally, the total number of unique monthly visitors has increased 163% percent year-over-year (March 2005 to March 2006) to more than 1.2 million (according to comScore Media Metrix data), eclipsing the percentage increase of others in the online classifieds category. According to comScore, the online classifieds category as a whole grew 35 percent year-over-year (March 2005 to March 2006).

“From the beginning, LiveDeal has been focused on our core competency of creating a free online local classifieds site that offers the best possible user experience for both our buyers and sellers,” said Rajesh Navar, founder and CEO of LiveDeal. “We believe it’s this focus that has enabled us to create a loyal following of LiveDeal members that continues to grow at a rapid pace each month and has enabled the site to quickly reach these im pressive milestones.”

Key Classifieds Categories Show Impressive Growth

According to industry analyst firm, The Kelsey Group, the market for local online classifieds is expected to grow from $3.3 billion in 2005 to more than $9.8 billion in 2010. LiveDeal continues its strong performance as one of the top 10 most visited online classifieds sites. From February – March 2006 alone, the number of LiveDeal’s unique visitors increased 37 percent, as measured by comScore.

Key LiveDeal categories, including pets, autos and furniture are also showing im pressive individual growth. Pets listings are up 100 percent month-over-month – and more than 800% from one year ago to today. Autos and furniture categories are also growing at a rapid rate. Real estate is one of LiveDeal’s fastest-growing categories, reflecting LiveDeal’s ongoing policy of offering free home and apartment listings even as other sites are now charging for real estate listings. The growth in LiveDeal’s real estate category is also a reflection of the site’s strong vertical search capabilities.

The LiveDeal User Experience

Each day, LiveDeal receives testimonials from enthusiastic buyers and sellers attesting to their success using LiveDeal. “I just wanted to tell anyone that is thinking of using LiveDeal to sell or buy something that it’s awesome,” said LiveDeal user, Dwayne Stachurski of Deerfield Beach, FL. “I have sold three vehicles here on LiveDeal and it couldn’t have been easier.”

"I bought a Weimaraner puppy from one of the nicest sellers,” said Tara Barlow of Flemington, NJ. “She kept in contact with me through telephone and email. It was by far the smoothest transaction I have ever experienced. I highly recommend LiveDeal.com for many of your needs. I have searched for just about everything on LiveDeal and found it. Thank you so much for the best website to find honest, reliable people to buy from!"

Larry Marsaglia of Larkspur, CO, appreciates the strength of LiveDeal’s real estate category. “We do not live in Arksansas, but we had a building site there that we wanted to sell,” explains Mr. Marsaglia. “We contacted some local realtors with no response. The property promptly sold on LiveDeal. Thanks!”
 
About LiveDeal

LiveDeal is one of the leaders in the free local online classifieds market with more than $3 billion worth of goods listed for sale, in every city and zip code across the U.S. Buyers and sellers come together through the vast LiveDeal.com marketplace, which is ideal for trading items you want to see or try before you buy, such as pets, automobiles, furniture, appliances, real estate and more. LiveDeal also partners with online and offline media to quickly and cost effectively power their classifieds via its dynamic LiveDeal classifieds platform. LiveDeal was founded in 2003 by Rajesh Navar, an original member of eBay’s engineering team, with executives from other pioneering Internet companies. As part of its global expansion, LiveDeal recently launched LiveDeal Canada (livedeal.ca) in partnership with Torstar Corporation. For more information about LiveDeal, see www.livedeal.com

 

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