December 11, 2006 11:53 ET

Holiday Shoppers Head Online to Community Web Site

Site's Popularity Reflects Online Shopping Trend

Attention: Assignment Editor, Tech/Telecomm Editor WINNIPEG, MANITOBA, IMMEDIATE RELEASE--(CCNMatthews - Dec. 11, 2006) - DealGuild, a community-based Web site, is enticing holiday shoppers away from big box stores and malls with profit-sharing ideas that benefit consumers. The site is high on shopping lists with sales doubling since the holiday season began.

Featured on CBC Radio Montreal and in several newspapers in Manitoba, DealGuild helps consumers consolidate their buying power and save money by sharing two-thirds of the commission it receives from retailers with members who buy products from stores listed on the site.

"When you're looking for the best deals on Christmas presents for family and friends, you don't have to head out into the cold or wait in long lines," said co-founder Kenton Doerksen, an accounting student and former radio host in Winkler, Manitoba. "At DealGuild, people can talk to other members about deals they find online and then get cash back on every purchase they make."

The increasing popularity of DealGuild reflects the results of a Statistics Canada survey released last month. The agency reported that Canadians bought almost $8 billion of merchandise on the Internet last year, compared to $3 billion in 2003.

At DealGuild, shoppers can check off their Christmas lists from office or home. The site has more than 650 stores including Canadian Tire, DELL, Chapters, Office Depot, Apple, The Source by Circuit City and WestJet.

DealGuild offers more than 650 shops on its community cashback site. It is a subsidiary of Frigid Moose Media Ltd. The site does not contain any spam or advertisements.

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