LiveDeal, Inc. (NASDAQ:LIVE), a provider of web-based customer acquisition and related products for small local businesses, announced that it has received written notification from The NASDAQ Stock Market LLC ("NASDAQ") indicating that the Company's securities will continue to be listed on The NASDAQ Capital Market based upon the Company's compliance with the terms of a NASDAQ Listing Qualifications Panel decision, which required the Company to evidence compliance with the applicable minimum stockholders' equity requirement of $2.5 million by December 12, 2011. Accordingly, the NASDAQ hearing process is now closed.

LiveDeal, Inc. provides local customer acquisition services and related products for small businesses to deliver an affordable way for businesses to extend their marketing reach to target customers via the Internet.

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