Live Deal, Inc (LIVE)

[Thirsty Tiger]

LiveDeal, Inc. Expected Financial Results for Q4 2007 and Conference Call
BusinessWire - October 30, 2007 3:41 PM ET

LiveDeal, Inc. (OTCBB:LVDL), the nation's first combined local online classifieds and Yellow Pages marketplace (www.livedeal.com), today announced its preliminary financial results for the fourth quarter of fiscal 2007, and that it has tentatively scheduled its Q4 and Year-end earnings call for January 4, 2008.

Gross Revenue for the 4th fiscal quarter 2007 is expected to be in the range of $7.8 million to $8.0 million. Net Revenue for the 4th fiscal quarter 2007 is estimated to be in the range of $6.9 million to $7.1 million, for a sequential quarterly increase of approximately 15% to 19% over the 3rd fiscal quarter 2007. Further, the Company anticipates Net Income to be in the range of $275,000 to $400,000 for the 4th fiscal quarter 2007 as compared to Net Income of $266,000 for the 3rd fiscal quarter 2007 and a $1.7 million net loss in the 4th fiscal quarter 2006.

Customer count should be within the range of previously expected listings of 80,000 to 82,000 for the end of the 4th fiscal quarter 2007.

Fourth Quarter and Year End Conference Call

LiveDeal, Inc. will hold its Q4 and Fiscal Year-end earnings conference call tentatively on January 4, 2008 at 4:00 Eastern Standard time. To listen to the live web cast of the conference call, please refer to the investor section of our web site at www.livedeal.com.

Listeners can access the conference call by dialing 866-700-6293 and entering pass code 87189391. International callers can access the conference call by dialing 617-213-8835 and entering pass code 87189391. A replay will be available two hours after the call by dialing 888-286-8010, (or 617-801-6888 for international callers) and entering pass code 76576223.

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