LAS VEGAS, Feb. 3, 2015 /PRNewswire/ - LiveDeal Inc. (NASDAQ:LIVE) ("LiveDeal" or the "Company"), a publicly traded company that operates livedeal.com, a geo-location based mobile marketing platform that enables restaurants to publish "real-time" and "instant offers" to nearby consumers, today announces that the company added 4,457 new restaurant deals during the fourth quarter of 2014.

 During the third quarter of 2014, LiveDeal added 3,297 new restaurant deals.  The difference of more than 1,100 deals during the fourth quarter demonstrates a significant increase over the prior quarter, as well as confirmation of the company's growth in the market.

"As each month passes, it becomes even more evident to us that restaurants and consumers alike are adapting to our real-time platform and taking advantage of the savings that these real-time deals offer," said Jon Isaac, CEO of LiveDeal, Inc.  "We have strived to provide a different approach to offering deals that doesn't require upfront payments and weeks of advance planning.  Our customers agree that real time is the better way to go.  This significant increase in new deals is symbolic of that commitment and we are excited to continue to expand our offerings and our efforts to provide customers and shareholders alike with a company and a platform that meets their needs and expectations."

About LiveDeal, Inc.
LiveDeal Inc. provides marketing solutions that boost customer awareness and merchant visibility on the Internet. LiveDeal operates a deal engine, which is a service that connects merchants and consumers via an innovative platform that uses geo-location, enabling businesses to communicate real-time and instant offers to nearby consumers. In November 2012, LiveDeal commenced the sale of marketing tools that help local businesses manage their online presence under the Company's Velocity Local™ brand. LiveDeal continues to actively develop, revise, and evaluate these products and services and its marketing strategies and procedures. For more information, visit www.livedeal.com.

Forward-Looking and Cautionary Statements
This press release contains "forward-looking" statements that are based on present circumstances and on LiveDeal's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements, including any statements regarding the plans and objectives of management for future operations or products, the market acceptance or future success of our products, and our future financial performance, are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements. Forward-looking statements are made only as of the date of this release and LiveDeal does not undertake and specifically declines any obligation to update any forward-looking statements. Readers should not place undue reliance on these forward-looking statements.

SOURCE LiveDeal Inc.