LiveDeal, Inc. (NASDAQ: LIVE), a provider of web-based customer acquisition services for small local businesses and Internet Yellow Pages directory services, announced the appointment of Mr. Lawrence (Larry) W. Tomsic as Chief Financial Officer.Mr. Tomsic will be replacing Mr. Rajeev Seshadri's effective December 31, 2009.Mr. Seshadri has been Chief Financial Officer since November 2008.
LiveDeal's Chief Executive Officer (CEO), Richard Sommer, described Mr. Seshadri as a valued colleague.
"Raj has contributed a great deal to LiveDeal during a period of transition management and company changes," Sommer said. "The board and I wish him every success in his new endeavors."
Mr. Tomsic recently served as Controller for Alliance Residential Company, an apartment complex with 3,221 units and $90 million in annual sales.Previously, he was a Controller and Chief Financial Officer for various clients of JKL Consulting (including a planned unit development and a concrete contractor) from 2006-2008 and Chief Financial Officer of John R. Wood, Inc. (a real estate brokerage focusing on luxury residential housing and commercial properties) from 1997-2006.Mr. Tomsic worked as a financial officer and in other management positions for various companies (including U.S. Home Corporation and Collier Enterprises) from 1983-1997.He was also a senior auditor for Deloitte & Touche for three years.Mr. Tomsic holds a B.S. in Accounting from the University of Delaware and an M.B.A. in Accounting from the University of Denver.He is a Certified Public Accountant.
About LiveDeal, Inc.
LiveDeal, Inc. provides local customer acquisition services for small businesses combined with an Internet Yellow Pages directory to deliver an affordable way for businesses to extend their marketing reach to local, relevant customers via the Internet. Through its online property, www.livedeal.com, LiveDeal delivers local search engine marketing (SEM) such as its LiveClicks ™ and LiveAdvisor ™ products that combine leading technology with a strong partnership model and an inside sales team to create an efficient platform local businesses need to create and optimize their Internet search advertising campaigns.LiveDeal partners with Google, Yahoo!, MSN and others. LiveDeal, Inc. is headquartered in Las Vegas, Nevada. For more information, please visit www.livedeal.com.
We have two inter-related primary lines of business: (1) We deliver a suite of customer acquisition services for small businesses, sold via telemarketing and supported by our websites and software that we have developed or licensed to manage search and other Internet services efficiently, and (2) we maintain a Yellow Pages directory with listings in every city and zip code across the U.S.
Contacts:
LiveDeal, Inc.
Pam Sziebert
480-324-2580
irinfo@livedeal.com