LiveDeal(TM) Continues to Grow in Popularity as Sellers Flee High Listing Fee Sites

LiveDeal(TM) Continues to Grow in Popularity as Sellers Flee High Listing Fee Sites Increasing Numbers of High Volume Sellers Join LiveDeal to Take Advantage of Triple Free Pricing Policy, "Free for Life" Option PALO ALTO, Calif., Jan. 19 /PRNewswire/ -- LiveDeal(TM) (http://www.livedeal.com/), the leading online marketplace for buying and selling goods locally, today shared data on the growth of its site in its first year of use, particularly among high-volume sellers. Data shows increasing numbers of high volume sellers are migrating from various high listing fee sites to take advantage of LiveDeal's Triple Free pricing policy that offers the option of "Free for Life" as well as its broad local to national reach. In January of 2004, during LiveDeal's beta phase, the site featured 3,500 items for sale. One year later, LiveDeal has grown by more than 2,500 percent to offer more than 100,000 active items for sale from LiveDeal members across the United States. In just the fourth quarter of 2004 alone, LiveDeal saw a 94 percent growth in active items. A significant portion of this rapid growth is being driven by the site's fast-growing Super Seller community. "LiveDeal is designed to eliminate the costs and inflexibility of classified advertisements and online auctions, and gives every consumer and entrepreneur a safe, professional and highly-effective medium for buying and selling goods," said Rajesh Navar, founder and CEO of LiveDeal. "We continue to welcome a growing number of high volume sellers from other high fee sites who want to take advantage of our 'Free for Life' promise. We are confident that our comprehensive offering and free listings will make LiveDeal the preferred new model for online selling." Ed Rosenberg, an eBay Power Seller, sells car audio and large office laser printers. Rosenberg just opened a new free store, Gooddeals18, on LiveDeal.com and is already an enthusiastic LiveDeal seller. Commented Mr. Rosenberg, "eBay has increased its fees for the fifth year in a row, making it almost impossible for high volume sellers like me to make a profit. Many eBay sellers are outraged and are looking for different avenues for doing business. LiveDeal's site works incredibly well and, even though I'm just getting started, I've already had a number of inquiries about my products. I think it's possible that LiveDeal could capture a significant share of the online listing business." More on LiveDeal's Triple Free Pricing LiveDeal is committed to building an affordable, convenient Internet marketplace and created the Triple Free offer to achieve this objective. With the Triple Free offer, sellers can: 1. Free Listings: List items for free with unlimited words and photos 2. Free Stores: Build online stores with unlimited listings risk-free 3. Free for Life: Join the "Free for Life" program now and lock in free listings for the life of the store, provided the store maintains a minimum of 10 For-Sale items active on LiveDeal each month. The free listings-for-life offer is applicable to all For-Sale Items with a listing price of $500 or less. About LiveDeal With a management team hailing from eBay and other pioneering Internet companies, LiveDeal is a local online marketplace that creates the next- generation classifieds, yellow pages and e-commerce into one user-friendly solution. 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 http://www.livedeal.com/. Media Contacts: Marian Hughes Tier One Partners 708/246-0083 mhughes@tieronepr.com Sue Parente Tier One Partners 781-642-7788 sparente@tieronepr.com Source: LiveDeal(TM) CONTACT: Media Contacts: Marian Hughes, +1-708-246-0083, mhughes@tieronepr.com; or Sue Parente, +1-781-642-7788, sparente@tieronepr.com; both of Tier One Partners Web site: http://www.livedeal.com/ ------- Profile: International Entertainment