LocalOfferLounge.com Saves Bargain Shoppers Time and Money

Free online utility combines local offers from over 48 'deal-a-day' Web sites in nearly 50 cities and sheds light on the types of deals available to consumers in today's daily deal ecosystem. End Quote

LocalOfferLounge.com provides a fast and convenient way to navigate around local 'deal-a-day' Web sites.

(1888PressRelease) February 24, 2010 - Chicago - LocalOfferLounge.com (www.localofferlounge.com), a new Web site that combines local daily deals from sites across the United States, Canada and the United Kingdom, today unveiled its free service for bargain shopping consumers in search of an easy way to find the best daily deals available in their city. LocalOfferLounge.com follows, indexes and categorizes offers to create a free, simple, time-saving way to find great local deals quickly and conveniently. Consumers can access daily deals from LocalOfferLounge.com or through localized daily email digests, RSS feeds, Twitter accounts and Facebook pages.

"We saw an opportunity to provide value to consumers who are excited about local offers but overwhelmed by the sheer number of deal-a-day Web sites available today," said LocalOfferLounge.com Co-founder Jason Kalish. "LocalOfferLounge.com not only enables users to find a great deal here and there; it ensures consumers find all of the best deals available to them locally or while traveling."

LocalOfferLounge.com is a unique new Web site that provides a one-stop shop for local offers in nearly 50 cities. LocalOfferLounge.com relies on a powerful technology platform that follows deal-a-day sites. By aggregating all available offers LocalOfferLounge.com can help users streamline their experience and drive traffic to any deal-a-day site. As new Web sites emerge, LocalOfferLounge.com will follow and include them to ensure continual growth. LocalOfferLounge.com is uniquely positioned to deliver local offers globally.

Co-founders Jason Kalish and Jorge Zapata met during their tenure at Google and DoubleClick. They re-connected to discuss the potential to launch a new deal site and recognized the need for consumers to navigate an increasingly complex roster of deal-a-day Web sites. They realized that while consumers love local offers there was no easy way for users to get a comprehensive picture of all of the deals available in each city. They developed LocalOfferLounge.com to fill a gap in the marketplace and leverage their extensive online marketing and product development expertise.

"Local offers are where the online and offline shopping environments converge. The Web empowers users with accurate and timely offers, and businesses in local communities benefit by reaching new customers," Kalish added. "This channel enables small businesses like restaurants, salons and local retailers to effectively harness the power of online marketing, and LocalOfferLounge.com provides a single-source for users to find great deals in their home city and nearly 50 other cities."

"While tracking up to 160 offers a day since January 2010 (in Beta), we have been able to uncover deep insight into the 'deal-a-day' ecosystem." said Co-founder Jorge Zapata. "One of the most interesting findings so far is around the categorization of offers. We have developed software which systematically categorizes all offers as they are indexed in our database, and we can leverage that technology to paint a clear picture of the types of local offers available to consumers today."

'Food and Beverage' leads the deal types indexed (31.1%), followed by 'Beauty & Spas' (22.0%), 'Sports & Recreation' (11.1%), 'Fitness & Nutrition' (6.4%), 'Arts & Entertainment' (5.4%), 'Health Medical' (3.1%), 'Clothing & Accessories' (2.7%), 'Automotive' (2.2%), 'Photography & Photo Services' (2.1%) and 'Travel & Hospitality' (2.0%).

At launch, LocalOfferLounge.com already offers the largest source of local offers. As of February 2010, users can find local offers from cities such as Atlanta, Austin, Baltimore, Boston, Charlotte, Chicago, Cincinnati, Cleveland, Columbus, Dallas, Denver, Detroit, Fort Worth, Honolulu, Houston, Indianapolis, Jacksonville, Kansas City, Las Vegas, Los Angeles, Louisville, Memphis, Miami, Milwaukee, Minneapolis, Nashville, New York, Omaha, Orlando, Philadelphia, Phoenix, Pittsburgh, Portland, Raleigh, Riverside, Sacramento, San Antonio, San Diego, San Francisco, San Jose, Seattle, St. Louis, Tampa, Washington DC, as well as Toronto, ON & London UK.

LocalOfferLounge.com will continue to expand its free consumer service as existing deal-a-day Web sites begin to cater to additional cities and new deal-a-day Web sites launch. Already, LocalOfferLounge.com indexes offers from Adility Daily Deal, Big City Deals, BuyWithMe, ChiTownDeals, CoupMe, CrowdDeal, DealADayOnline, DealBunch, Dealstork, Emerald City Eats, FlyCoupon, FreshGuide, Fun Daily Deal, Groop Swoop, Groupocity, Groupola, Groupon, Half Off Depot, Lifebooker Loot, LivingSocial, LocalBooking, MyCityDeal, Pricebunch, Qponus, Reader Steals, Savvy Circle, ScoopSt, Scoutmob, Scrumbuy, Snag and Save, SocialBuy, Specialdeals, Specials Agent, StealTheDeal, SwoopOff, TeamBuy, The Dealist, The Local Deal, TheDailySave, TownHog, TwoBuckDuck, VivaVoucher, WagJag, Wahanda, We Give To Get, WebPiggy, What's The Deal, Wowcher, You've Gotta Get It, and YouSwoop.

About LocalOfferLounge.com
LocalOfferLounge.com launched in February 2010 providing the best way to discover great offers from local 'deal-a-day' Web sites. With an ever growing number of these sites popping up, it is very time consuming for consumers to search and find deals from restaurants, salons, entertainment venues and more in their cities. With LocalOfferLounge.com consumers can ensure they never miss another deal. Consumers subscribe to a daily digest for their city and receive a single email (or RSS feed) that contains all offers for that city and day, grouped into different categories. Consumers can also follow their city's free LocalOfferLounge.com service on Twitter and get a tweet for each new offer in their city.

For more information about LocalOfferLounge.com, please visit http://www.localofferlounge.com or contact our Media Relations team at media ( @ ) localofferlounge dot com or 312-725-8510

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