FOR IMMEDIATE RELEASE

LIVEDEAL.COM FOUNDER & CEO RAJESH NAVAR HONORED AMONG
2005 SILICON VALLEY BUSINESS JOURNAL ’S “40 UNDER 40”

Award Recognizes LiveDeal’s Fast-Paced Growth and Leadership Position in Local Online Classifieds

SANTA CLARA, Calif., September 28, 2005 -- LiveDeal.com (www.livedeal.com), the nation’s leading local online classifieds site with more than $3 billion in total listed merchandise, today announced its founder and CEO, Rajesh Navar , has been selected to the Silicon Valley/San Jose Business Journal’s “40 Under 40.” The “40 Under 40” selection honors exceptional Silicon Valley-area individuals under the age of 40 in a variety of industries including technology, law, finance and government who are making an impact in their chosen fields or the local business community at large.

“It’s an honor to receive this recognition from the Silicon Valley Business Journal as it is further validation of LiveDeal’s impact on the revolution taking place in local classifieds,” said Navar. “My vision for LiveDeal has been to provide a local marketplace that would make a positive difference in people’s lives. My thanks go to the team here at LiveDeal who is working hard to make LiveDeal become the preferred site for local online buying and selling across the U.S. ”

Navar founded LiveDeal.com in 2003, drawing on his experiences gained as an original member of the engineering and management teams at eBay and other successful Internet companies. Navar has assembled a senior management team for LiveDeal.com that brings a depth of expertise across the Internet, ecommerce and media industries, and who have previously helped grow successful start-ups and create innovative technologies.

More than one million unique users visit LiveDeal.com each month to buy and sell items across a variety of categories. The company recently relocated to new headquarters in Santa Clara , Calif. to accommodate its continued rapid expansion and additional personnel requirements. LiveDeal is hiring across a number of critical functions, including engineering, product management and marketing to support the company’s explosive growth. Revenues are also keeping pace with LiveDeal’s growth, up 10 times over 2004 levels.