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Press Release

CrowdSavings.com Acquires Deal Daddies and Launches Conejo Valley, California Daily Deals


Tampa, FL (August 18, 2011) -- CrowdSavings.com (http://www.crowdsavings.com), a national daily deal website, enters its thirteenth (13th) market with the acquisition of DealDaddies.com. The terms of the deal were not disclosed. Deal Daddies has been providing exceptional daily deals to Conejo Valley residents since October 2010. Conejo Valley is located approximately 40 miles outside of Los Angeles, California.

“We are extremely excited to be partnered with CrowdSavings.com,” said Matthew Graham, Founder and CEO of DealDaddies.com. “Our current customers and merchants will get an un-rivaled experience purchasing and working with such a strong national company. We will continue to offer great deals with a seamless transition and continued focus on customer service. The partnership gives our market the exposure to national deals as well as new programs that will enrich the experience for our current and future customers,” Graham added.

“The founders of Deal Daddies have done a tremendous job in developing a solid base of loyal customers as a result of working with the highest quality merchants in their area. Both Matt and Co-founder, Devin Sirkus, will stay on as part of the CrowdSavings’ team to build on their success using the additional resources we can provide,” said Chad Jaquays, CrowdSavings.com Founder & CEO.

This is CrowdSavings’ sixth (6th) acquisition in 2011 and comes on the heels of its purchase of Nashville daily deal website, QponDay, just last week. CrowdSavings is also launching today its Utica, New York market to expand its New York Tri-State area coverage.

“The Deal Daddies transaction gives us a presence in Southern California,” stated Douglas Bauer, CrowdSavings.com CFO. “Conejo Valley is a strong performing market in the daily deal space and gives us coverage in Northern Los Angeles and Ventura counties as well,” Bauer added.

CrowdSavings.com, started in 2009, offers deep discounts of 50 percent to 90 percent off retail prices to consumers, featuring 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 such as Twitter and Facebook to encourage viral sharing of its daily deals.

About CrowdSavings.com

Based in Tampa, Florida, CrowdSavings.com offers deeply discounted daily deals to consumers and provides unique marketing and advertising tools for its local merchants. Active markets include: Atlanta, Austin, Cleveland, Denver, Houston, Kansas City (Johnson County), Las Vegas, Nashville, San Francisco, Southern California, Tampa Bay, and New York’s Tri-State area. CrowdSavings has plans for continued national expansion throughout 2011and 2012.