Exhibit
99.1
LiveDeal
Names Kevin Hall as President and Chief Operating Officer
Board
Endorses New Management Team
LAS
VEGAS, May 20, 2010 (BUSINESS WIRE) -- LiveDeal, Inc. (NASDAQ: LIVE), a provider
of web-based customer acquisition services for small businesses, announced today
that Kevin Hall, previously named interim COO, has been officially named
President and Chief Operating Officer, effective immediately. The Board of
Directors is proud to announce their endorsement of Kevin Hall.
“Kevin
Hall has brought a great amount of stability and overall vision to the company
in a short amount of time. We are excited that Kevin has taken on
this role and believe he will drive the company forward in a positive and
methodical manner,” said Sheryle Bolton, a member of the LiveDeal Board of
Directors.
Larry
Tomsic continues to lead the company as Chief Financial Officer.
“Together, we believe we have the right leadership in place to drive the
company forward,” Bolton added.
About
Kevin Hall
Mr. Hall,
46, had served as LiveDeal’s General Counsel and Vice President of Human
Resources and Business Development since April 2009. Prior to that
time, Mr. Hall was a partner in the San Francisco, California and New York, New
York offices of Reed Smith LLP, an international law firm with more than 1,500
attorneys worldwide, from 2006 until 2008. Previously, he was a
senior associate and later a partner in the New York, New York office of
Linklaters, a London-based global law firm, from 1998 until 2006. Mr.
Hall, who is admitted to practice law in California and New York, specializes in
general corporate law, finance, structured finance, and other complex commercial
and financial transactions (including mergers and acquisitions). He
holds a B.A. in History and French Literature from Columbia College, a Master’s
Degree in International Affairs from Columbia University, and a law degree from
Cornell School of Law.
About
Larry Tomsic
Mr.
Tomsic recently served as Controller for Alliance Residential Company, an
apartment complex with 3,221 units and $90 million in annual
sales. Previously, he was a Controller and Chief Financial Officer
for various clients of JKL Consulting (including a planned unit development and
a concrete contractor) from 2006-2008 and Chief Financial Officer of John R.
Wood, Inc. (a real estate brokerage focusing on luxury residential housing and
commercial properties) from 1997-2006. Mr. Tomsic worked as a
financial officer and in other management positions for various companies
(including U.S. Home Corporation and Collier Enterprises) from
1983-1997. He was also a senior auditor for Deloitte & Touche for
three years. Mr. Tomsic holds a B.S. in Accounting from the
University of Delaware and an M.B.A. in Accounting from the University of
Denver.
About
LiveDeal, Inc.
LiveDeal
provides local customer acquisition services for small businesses to deliver an
affordable way to extend their marketing reach to local, relevant customers via
the Internet. LiveDeal delivers local search engine marketing (SEM)
and custom website products that combine leading technology with a strong
partnership model and an inside sales team to create an efficient platform local
businesses need to create and optimize their Internet search advertising
campaigns. LiveDeal partners with Google, Yahoo!, MSN and others.
LiveDeal is headquartered in Las Vegas, Nevada. For more information,
visit www.livedeal.com.
Investment
Relations Contact:
Larry
Tomsic, CFO
Phone:
702-939-0230
Ltomsic@livedeal.com
Press
Release Contact:
Pamela
Sziebert, VP of Marketing
Phone:
702-939-0230
Psziebert@livedeal.com
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