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Press Release

CrowdSavings.com Completes Acquisition of Daily Deal Squad and Launches Atlanta Market


Tampa, Fla. -- June 7, 2011 -- CrowdSavings.com (http://www.crowdsavings.com) , a national daily deal site, celebrates the launch of its ninth (9th) market with the acquisition of DailyDealSquad.com. CrowdSavings.com’s Atlanta market introductory deal will be $4 for an AMC Silver Experience TM Movie Ticket at AMC Movie Theatres®.

The rapidly growing deal site recently completed its acquisition of DailyDealSquad.com, bringing it another step closer to its goal of 20 markets by December 2011. Terms of the acquisition were not disclosed. With recent market launches in Cleveland and Nashville, this is the third (3rd) new market expansion for CrowdSavings in the past two weeks.

“Atlanta is a substantial market and the acquisition of DailyDealSquad.com jump- starts our growth and gives us a real presence in the market allowing us to provide local businesses with exposure to thousands of deal hungry consumers,” according to CrowdSavings’ Founder & CEO, Chad Jaquays.

"Entering into the summer months, the timing could not be better. It's the prime season for movie releases and moviegoers. It’s a great boost for the local economy as the savings our customers obtain on movie tickets and other heavily discounted deals can be allocated to nearby restaurants or a variety of local businesses,” states Vince O’Keefe with CrowdSavings.com Atlanta.

Offering deep discounts of 50 percent to 90 percent off retail prices, CrowdSavings.com features daily deals from restaurants, spas, salons, theaters, museums, boutiques, local events, festivals, home and automotive services, and children's and recreational activities. The company leverages the power of social media like Twitter and Facebook to encourage viral sharing of its daily deals.

While many other daily deal sites continue to pop up across the country, CrowdSavings.com continues to offer a number of advantages to consumers. For instance, no minimum number of purchases is required for the deal to be valid and CrowdSavings’ deals are not oversold, meaning purchasers do not have to wait months before they can redeem their coupons. Additionally, CrowdSavings.com prides itself on its extremely user-friendly website and its exceptional customer service.

CrowdSavings.com offers a highly efficient and cost effective form of advertising, with the opportunity for local merchants to be presented to thousands of targeted potential customers for a 24-hour period with no upfront cost or risk involved. This pay-for-performance model works well for small businesses that often can’t afford outside marketing assistance. Complete with an easily accessible merchant dashboard offering exceptional client analytics and a local sales contact, CrowdSavings.com allows merchants to calculate traffic and profitability on a real- time basis, taking the guesswork out of their marketing investment.

About CrowdSavings.com

Based in Tampa, Fla., CrowdSavings.com offers discounted daily deals to consumers and unique marketing tools for local merchants by leveraging the viral nature of its social buying platform. With active markets in Austin, Cleveland, Denver, Las Vegas, Nashville, San Francisco, Tampa Bay, and New York’s Tri-State area, CrowdSavings.com plans for continued expansion into 20 markets by the end of 2011.