SEAL BEACH, Calif., March 1, 2012 /PRNewswire/ -- SaveDaily, Inc. (OTCBB: SAVY), the leading provider of low cost mutual fund investing platforms used by financial institutions, is pleased to announce that company president Greg Vacca will be speaking at the "Bank Insurance and Investment Sales – Industry Profile and Strategic Considerations for 2012" event to be held today from 9:00 a.m. to 12:30 p.m. at the Framingham Sheraton Hotel in Framingham, Massachusetts.

The program has been developed by the Massachusetts Bank Insurance and Investment Association to discuss the findings of a comprehensive survey that was completed by the group to find out more about the profile of the banking industry. While many banks see insurance and investment sales as significant sources of revenue, others have exited this area – or never entered it.

Program topics will include trends in bank insurance and investment sales, performance benchmarks for insurance and investment programs, opening new markets and revenue streams, and how to create demand in challenging times. The program is geared toward banking professional who are interested in non-interest revenue development, such as bank insurance and investment professionals, bank marketing managers, and retail banking managers.

"We are excited to be included in this event," stated Mr. Vacca. "Banks are looking for ways to provide more value to their customers while generating a profitable revenue stream. The SaveDaily platform fills this need, allowing banks to offer a superior self-directed mutual fund program to their customers. It can be offered under their brand, and we perform all recordkeeping and compliance services, reducing bank costs considerably. I look forward to explaining this in more detail at the event."

In addition to Mr. Vacca's participation on the panel, SaveDaily will be hosting the attendee luncheon. "We're excited to introduce SaveDaily to industry professionals at an event that aligns perfectly with our mission of answering the mass market challenge to provide better investment options with lower entry costs, lower service fees and more fund choices," said Jeff Mahony, SaveDaily CEO. "It's time the rest of the banking world learns what major financial institutions like BNY Mellon, US Bank, Patelco Credit Union, ACS and others already know – that the 70% of the U.S. population currently underserved in investment opportunities can have access to professionally managed funds at a reasonable cost."

SaveDaily's mission is to provide advice-driven investment services to the mass market, worldwide, that are normally only available to high-net worth investors. Through the SaveDaily platform, savers can designate the amount and frequency of their investments without worrying about a penalty to redeem shares, typical fund fees or commissions, and customers can make unlimited changes and positions at any time, all for one low monthly fee.

About SaveDaily, Inc.
SaveDaily offers investments and record-keeping services to its intermediary partners, as well as directly to clients through a variety of white-labeled interfaces. SaveDaily owns its proprietary financial services platform which has been in production for about three years, helping financial intermediaries succeed in bringing suitable and affordable investment services to everyday savers and investors. SaveDaily, through its financial services partners, has the capability of making virtually all mutual funds available to its clients. SaveDaily conducts its business through its wholly owned subsidiary, SaveDaily.com, Inc., which is headquartered in Seal Beach, California and is a Registered Investment Advisor with the Securities and Exchange Commission. For more information, visit [ www.savedaily.com ].

Forward Looking Statements
This release contains forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to the possibility that some or all of the matters and transactions considered by SaveDaily may not proceed as contemplated, and by all other matters specified in SaveDaily's filings with the Securities and Exchange Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. SaveDaily does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the SaveDaily's filings with the Securities and Exchange Commission, including its recent periodic reports.

Company Contact:
Jeff Mahony, CEO
(562) 795-7000

Investor Contact:
Capital Market Relations
Chris Rosgen
(949) 481-9739

SOURCE SaveDaily, Inc.

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SaveDaily President Greg Vacca Invited to Speak at Bank Industry Event

SaveDaily President Greg Vacca Invited to Speak at Bank Industry Event

Massachusetts Bank Insurance and Investment Association Hosts Strategic Program