IRVINE, Calif.--([ BUSINESS WIRE ])--[ Local Corporation ] (NASDAQ: LOCM), a leading online local media company, today announced that its [ Spreebird ] daily deals business has launched a new program to raise funds and awareness for non-profit organizations, with its first phase of the program supporting the Special Forces Association and their scholarship fund.
"With just two clicks, consumers can feel good knowing theyare giving back to their communities and supporting our troops a" all while enjoying 50 to 90 percent savings while shopping for the things they love this holiday season"
The new program allows Spreebird users to donate to a featured non-profit organization to be promoted on Spreebirdas purchase confirmation page. Shoppers can easily select how much they want to donate and the company will direct all proceeds to the featured non-profit.
The first organization to benefit from the new feature will be the Special Forces Association this holiday season. The Special Forces Association supports the families of the U.S. Armed Special Forces or the Green Berets, around the world. The Special Forces Scholarship Fund provides scholarship grants to members of the Special Forces and their families.
aWith just two clicks, consumers can feel good knowing theyare giving back to their communities and supporting our troops a" all while enjoying 50 to 90 percent savings while shopping for the things they love this holiday season,a said Malcolm Lewis, senior vice president and general manager, social buying, Local Corporation. aWe look forward to supporting Americaas armed forces and their families during the holidays and to helping other deserving organizations through this program in the future.a
Rooted in community giving, [ Spreebird ] serves hundreds of thousands of subscribers with daily deals from thousands of local merchants. To date, the company has donated more than $500,000 through its Community Rewards program, supporting everything from copy paper and school supplies to sports and after-school programs.
aWe are grateful to have the support of companies like Spreebird as we continue to deliver programs that improve the lives of Americaas elite service men and women and their families,a said Ronnie McCan, president, Special Forces Association. aThe funds raised with this campaign will help support everything from scholarships and emergency relief to holiday events for military personnel and their families. We look forward to working with Spreebird as we introduce this all-important charity to a new generation of supporters.a
About Local Corporation
Local Corporation (NASDAQ:LOCM), a leading online local media company, enables brick-and-mortar businesses to connect with online customers using a variety of digital marketing products. The company reaches more than 25 million consumers each month on the flagship Local.com website, approximately 1,600 regional media sites and more than 100,000 geo-category websites. The company distributes daily deals to hundreds of thousands of email subscribers via Spreebird.com, rich media ads via Rovion.com, and real-time product inventory information from more than 70,000 retail locations nationwide via Krillion.com. To advertise, or for more information, visit: [ http://www.local.com/ ] or [ http://www.localcorporation.com ].
Local Corporation is a registered trade name of Local.com Corporation.
About Special Forces Association
The Special Forces Association aGreen Beretsa is a non-profit 501(c)(19) Veteran Service Organization with over 9,700 active members and 85 Chapters throughout the United States and in 8 Countries around the world.The organizationas primary mission is to promote and support the general welfare of the Special Forces aGreen Bereta community, which it does through its Emergency Relief Fund, Scholarship Fund and its Patriot Fund. For more information, visit [ www.specialforcesassociation.org ].
Forward Looking Statements
This press release contains forward looking statements that involve risks and uncertainties concerning Local.com Corporationas expected financial performance, as well as Local.comas strategic and operational plans. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, our advertising partners paying less RPC and revenues to us for our search results; our ability to adapt our business following the shifts in our monetization partners; our ability to monetize the Local.com domain, including at a profit; our ability to retain monetization partners for the Local.com domain and other web properties under our management that allows us to operate profitably; our ability to develop, market and operate our local-search technologies; our ability to market the Local.com domain as a destination for consumers seeking local-search results; our ability to grow our business by enhancing our local-search services, including through businesses we acquire; the future performance of our OCTANE360 business; the integration and future performance of our Spreebird daily deals business, including the recently acquired Screamin Daily Deals business, our Krillion business and our Rovion business, as well as any other businesses we may acquire; our ability to successfully expand our Spreebird business into new markets, including through acquisitions; the possibility that the information and estimates used to predict anticipated revenues and expenses associated with the businesses we acquire are not accurate; difficulties executing integration strategies or achieving planned synergies; the possibility that integration costs and go-forward costs associated with the businesses we acquire will be higher than anticipated; our ability to successfully expand our sales channels for new and existing products and services; our ability to increase the number of businesses that purchase our advertising products; our ability to expand our advertiser and distribution networks; our ability to integrate and effectively utilize our acquisitions' technologies; our ability to develop our products and sales, marketing, finance and administrative functions and successfully integrate our expanded infrastructure; as well as our dependence on major advertisers, competitive factors and pricing pressures; changes in legal and regulatory requirements; and general economic conditions. Any forward-looking statements reflect our current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by this paragraph. Unless otherwise stated, all site traffic and usage statistics are from third-party service providers engaged by the company.
Our most recent Annual Report on Form 10-K/A, subsequent Quarterly Reports on Form 10-Q and Form 10-Q/A, recent Current Reports on Form 8-K and Form 8-K/A, and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. The forward-looking statements in this release speak only as of the date they are made. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.