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Press Release

CrowdSavings.com, Deal-of-the-Day Website, Officially Launches In Tri State Area


Albany, N.Y. -- (June 10, 2010) – Bargain-hunting consumers will be introduced to new merchants when CrowdSavings.com (http://www.crowdsavings.com), a deal of the day Web site, officially launches in the tri state area this weekend.

The introductory deals are $15 for $30 worth of rides, activities and family fun at Funplex Funpark, Friday through Sunday, with a limit of four per customer. Featured merchants for deals for the week of June 14 include Jack's Oyster House and Franklin's Tower.

“Our deals are a great way for consumers to save money without sacrificing fun,” says Mike Fasulo with CrowdSavings.com Albany. “In turn, merchants gain access to new clients and can measure the ROI on their promotion. Everyone wins.”

Offering deep discounts of 50 to 90 percent off standard charges that are emailed daily to individuals who register on www.CrowdSavings.com, the site features deals from restaurants, spas, theaters, museums, local events and festivals, bars, home and automotive services, and various outdoor recreational activities such as biking, kayaking or jet skiing. The company also leverages the power of social networking through tools like Twitter and Facebook to encourage viral pass-along of the daily deals.

“There may be other deal of the day sites out there, but we offer some unique features,” says Fasulo. “What’s different about CrowdSavings.com is that we don’t require a minimum number of consumers for the deal to be valid and have an extremely easy-to-use Web site. We also have staff right here in the tri state area so we can identify first hand where the best deals are and partner with the best merchants.”

As for the benefit to merchants, CrowdSavings.com offers the opportunity for them to be featured and presented to thousands of targeted potential customers for a 24-hour period with no upfront cost or risk involved; a highly efficient and cost effective form of advertising. This pay-for-performance model works well for small businesses that often can’t afford outside marketing assistance. Complete with an easily accessible dashboard, the site allows merchants to calculate traffic and profitability on a real time basis, taking the guesswork out of their marketing investment.

Crowdsavings.com CEO and founder Chad Jaquays is originally from upstate New York. Crowdsavings.com is a sponsor for upstate New York’s Matt “The Hammer” Hamill, who will take on the “Dean of Mean” Keith Jardine in the live finale of Spike TV’s “The Ultimate Fighter: Team Liddell vs. Team Ortiz” on Saturday, June 19 at 9:00 p.m.

About CrowdSavings.com

Based in Tampa, Fla., CrowdSavings.com offers deeply discounted deals to consumers and unique marketing tools for local merchants by leveraging the viral nature of their social buying platform. Currently in Tampa. Denver and New York’s tri state area, CrowdSavings.com plans to be in 20 markets by mid-2012.