LOS ANGELES, CA -- (Marketwired) -- 08/05/13 -- Velocity Local, a wholly-owned subsidiary of LiveDeal, Inc. (NASDAQ: LIVE), today announced that it has expanded its operations and chosen Los Angeles, California for its corporate headquarters, effective August 1, 2013. The new Velocity headquarters are located at 15456 Ventura Boulevard, Sherman Oaks, CA 91403.
The company provides a high quality, extremely affordable full-service package by offering an all-in-one marketing solution for small, local businesses complete with a custom website and mobile app, fully managed social media marketing, local marketing and comprehensive analytics to monitor and track progress.
The company selected this prestigious new Los Angeles location due to its favorable environment for business and commerce. With a thriving economy and diversified workforce, this area provides the ideal setting to expand personnel as the company is anticipating experiencing growth in its core business. Velocity Local's new headquarters are easily accessible and are located alongside numerous financial corporations and business support services. Due to its close proximity to the Los Angeles International Airport it easily supports existing customers who are visiting, as well as potential new clients.
"We are very excited to tap into the vast talent and opportunities afforded in Los Angeles County, a global hub of innovation and creativity," explained Vanessa Luna, Director of Business Development at Velocity Local. Our existing Las Vegas Nevada location is thriving under seasoned management. Going forward, Velocity Local will continue in its stride to market and deliver extremely high quality, affordable, advanced, highly effective and cost-efficient marketing solutions to the approximately 25,000,000 small, local businesses nationwide that do not have these basic crucial services at hand today."
In the coming months, Velocity Local will also announce numerous initiatives that the company expects will further accelerate its growth. To learn more about the company's services and features or to get started, visit www.velocitylocal.com.
About LiveDeal, Inc.
LiveDeal, Inc. provides marketing solutions that boost customer awareness and merchant visibility on the Internet. LiveDeal recently launched two new business lines under new management after a period of re-evaluating the company's sales program, products, distribution methods, and vendor programs. 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, which LiveDeal refers to as online presence marketing. Previously, in August 2012, LiveDeal commenced sourcing local deal and activities to strategic publishing partners under its LiveDeal® brand, which the company refers to as promotional marketing. 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.
Investor Contact:
Constellation Asset Advisors, Inc.
Steffan Dalsgaard
Senior Vice President
(775)771-5808
Source: LiveDeal, Inc.
Released August 5, 2013