Jason Calacanis Joins Board of Directors at Savings.com

SANTA MONICA, CA--(Marketwire - August 6, 2009) - Savings.com, a premier destination for online coupons, today announced that industry expert and Mahalo founder Jason Calacanis has joined its Board of Directors.

Calacanis is an authority on the social web, as well as CEO and founder of Mahalo.com, a human-powered search engine. Previously, he was the CEO and founder of Weblogs, Inc. and Rising Tide Studios, where he published the Silicon Alley Reporter. Calacanis shares his deep insight into the Internet industry on his blog at http://www.calacanis.com as well as on his weekly Webcast, This Week in Start-Ups.

"Jason is an innovator in the social web and knows the intricacies of uniting users around shared goals and interests," says Loren Bendele, CEO of Savings.com. "We believe that there is a huge opportunity to raise consumer knowledge about the benefits of using coupons online and having Jason join our board is a great validation for both our company and our user community."

"Online coupons are a thriving industry right now, and yet we're only at the very beginning in terms of widespread use and discovery of online coupons as an invaluable resource," added Calacanis. "Savings.com has formidable relationships with top brands that can offer exclusive coupons and high-quality deals. But the big breakthrough here is that Savings.com is the first company working to create an active community of deal-hunters. The company is in a great position to become a leader in this fast-growing space, by providing both a rich community experience and the highest quality, most trusted deals online."

Savings.com launched their coupon Web site in 2007 and is one of the fastest growing companies in the industry. The company is dedicated to uniting a Web community of deal hunters, and building and maintaining strong relationships with top merchants in order to offer high-quality, reliable coupons, many of which are exclusive deals that cannot be found anywhere else.

Savings.com also announced today the official launch of the new Savings.com homepage, adding fresh community features and heightening the user experience. (http://www2.marketwire.com/mw/release_html_b1?release_id=525368)

About Savings.com

Savings.com helps consumers save money every day. The premier online coupon destination has the best deals for everything shoppers want, making it easier than ever to search, find and share big savings from top brands and stores. The company's dedicated team of Deal Pros scour the Web to find top offers in every category from designer clothes and baby gear to big screen TVs and gourmet food. The site's community of members and savers rate each deal to make sure users find the best stuff first eliminating the need to spend time sifting through expired coupons and coupon codes that don't work. Savings.com is a safe haven of high-quality, reliable deals.

Contact Information: Contact: LaunchSquad savings@launchsquad.com 415-625-8555