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Sommer Named CEO Of LiveDeal

May 21, 2009 (FinancialWire) — LiveDeal, Inc. (NASDAQ: LIVE) (Current Market Cap: US$9.58 Mil.) a provider of web-based advertising and marketing services, has appointed Richard F. Sommer as its new chief executive officer.

Sommer is the former CEO of ZipRealty, and has served on that company’s board since September 2006. Prior to joining ZipRealty, he was the CEO of Sommer also served as senior vice president of business development for the mortgage banking division of IndyMac Bank, among other postings.

Santa Clara, California-based LiveDeal , through its online property,, offers businesses and consumers a way to marketed products and services to local audiences. LiveDeal also provides local online marketing solutions for small- and medium-sized businesses.

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