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2013 Press Releases.

Local Corporation is actively engaged with the fast-evolving online local media marketplace. To see what's new, simply browse our recent news announcements below. For journalists, bloggers or industry analysts, we offer unique expertise on a wide range of topics related to the business and technology of local online advertising. To speak with a Local Corporation executive, please call 949.789.5223 or contact us.

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12/17/13Local Corporation to Present at Cowen and Company Trend Spotting3 Technology Summit
President and COO to Participate on Local Advertising Panel IRVINE, Calif.--(BUSINESS WIRE)--Dec. 17, 2013-- Local Corporation (NASDAQ:LOCM), a leading online local media company, today announced that it will be presenting at the Cowen and Company Trend Spotting3 Technology Summit. The event will be held today at the Westin St. Francis on Union Square in San Francisco. Michael Sawtell, Local Corporation president and COO, will p... 
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12/12/13Local Corporation Launches Havvit™ Local Shopping App
Krillion® Powered iOS® 7 App Enables Personalized Mobile Shopping with Millions of Localized Products IRVINE, Calif.--(BUSINESS WIRE)--Dec. 12, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced the launch of version 1.0 of its Havvit™ local shopping app for iOS® 7-enabled devices, powered by the company’s Krillion® local shopping platform. Havvit Home Page (Photo: Business Wire) ... 
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12/05/13Local Corporation Launches Mobile Pay-Per-Call Lead Generation Network
Pay-Per-Call Ad Spending Projected to Reach $8.1 Billion by 2018 IRVINE, Calif.--(BUSINESS WIRE)--Dec. 5, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that it has launched a mobile pay-per-call lead generation network. The new network connects online and on-the-go consumers searching for local businesses and services in specific categories with relevant advertisers who provide th... 
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11/21/13Local Corporation Releases Online Pay-Per-Call Advertising Forecast from Borrell Associates
Pay-Per-Call Ad Spending Projected to Reach $8.1 Billion by 2018 IRVINE, Calif.--(BUSINESS WIRE)--Nov. 21, 2013-- Local Corporation (NASDAQ:LOCM), a leading online local media company, today announced that it partnered with Borrell Associates on a forecast of the online pay-per-call advertising market. The research, which was commissioned by Local Corporation and conducted by Borrell Associates, estimates that online pay-per-call ad spending will grow from $1.7 billion in 2013 to $8.1 billio... 
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11/14/13Local Corporation Ranks on Deloitte’s Technology Fast 500™ for Fourth Consecutive Year
IRVINE, Calif.--(BUSINESS WIRE)--Nov. 14, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that for the fourth consecutive year, it has ranked on Deloitte's Technology Fast 500™. Deloitte's Technology Fast 500 is a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Local Corporation revenue grew over 155 percent from 2008 to 2012. "We are honored to once again b... 
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11/07/13Local Corporation Reports Third Quarter 2013 Financial Results
Company Updates Guidance IRVINE, Calif.--(BUSINESS WIRE)--Nov. 7, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today reported its financial results for the third quarter 2013. “We are pleased to report that third quarter 2013 revenue increased 4 percent sequentially to $23.5 million from $22.7 million, which was the third consecutive quarter of revenue growth. GAAP net loss fell 51 percent, while Adjus... 
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11/06/13Local Corporation Launches Pre-Roll Video Network
Drives Reach for Advertisers and Ad Revenue for Publishers IRVINE, Calif.--(BUSINESS WIRE)--Nov. 6, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced the launch of its new pre-roll video network for advertisers and publishers. The company's new pre-roll video network provides advertisers with additional reach and exposure for their brands through distribution of customized pre-roll ads through a network of industry-leading video content publishers... 
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10/24/13Local Corporation to Announce Third Quarter 2013 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)--Oct. 24, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that it will release financial results for its third quarter 2013 after the close of market on Thursday, Nov. 7, 2013. Following the release, the company will conduct a conference call at 2 p.m. Pacific Time (5 p.m. Eastern), on which Heath Clarke, chairman and chief executive officer, and Ken Cragun, chi... 
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10/16/13Local Corporation Names New VP of Technology
Company Continues Adding Talent Focused on Local Mobile Strategy IRVINE, Calif.--(BUSINESS WIRE)--Oct. 16, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced the appointment of Joe Lindsay as its new vice president of technology. In this role, Lindsay will be instrumental in leading the company's strategic focus on mobile and the expansion of its powerful, next generation Krillion® local shopping platform, in addition to other technology initiative... 
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10/10/13Local Corporation’s Krillion® Platform Powers Shopping Channel for Pittsburgh Post-Gazette
Increases Revenue Opportunities for Publishers by Providing Dynamic Product Information for Consumers in Local Markets IRVINE, Calif.--(BUSINESS WIRE)--Oct. 10, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that it is powering a new local shopping channel for the Pittsburgh Post-Gazette through its online property, post-gazette.com. Local Corporation’s new local shopping channel enables ... 
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09/30/13Local Corporation Unveils Results of Mobile Local Consumer Research Study
Product Shopping Research via Smartphone Accelerates 114 Percent Year-Over-Year IRVINE, Calif.--(BUSINESS WIRE)--Sep. 30, 2013-- Local Corporation (NASDAQ:LOCM), a leading online local media company, today unveiled results from its highly anticipated mobile local consumer research study. The latest installment of the annual study, commissioned by Local Corporation and conducted by the e-tailing group, explores current mobile local shopper usage trends, shopping strategies, and shopper depend... 
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09/24/13Local Corporation’s Krillion® to Participate in Shop.org Annual Summit
Company to Reveal Results of Annual Mobile Local Consumer Research Study IRVINE, Calif.--(BUSINESS WIRE)--Sep. 24, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that it will be participating as a speaker, exhibitor (booth #326) and sponsor in this year's Shop.org Annual Summit, Sept. 30 to Oct. 2, in Chicago, Ill. During the event, the company will showcase its patented Krillion local shopping platform, which provides dynamic location-based pr... 
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09/11/13Local Corporation Launches Next Generation of its Krillion® Local Shopping Platform
Company Expands Data Aggregation Capabilities; Offers Location-Based Product API Covering Over 75,000 Retail Stores and 23,000 Brands IRVINE, Calif.--(BUSINESS WIRE)--Sep. 11, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that it has launched the next generation of its Krillion local shopping platform, which provides dynamic location-based product search data for millions of local consumers nationwide. The Krillion local shopping data index, o... 
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09/05/13Local Corporation Provides Location-Based Product Data for Microsoft’s Bing
IRVINE, Calif.--(BUSINESS WIRE)--Sep. 5, 2013-- Local Corporation (NASDAQ:LOCM), a leading online local media company, today announced that the company has signed an agreement with Microsoft, Inc. to provide location-based local product data for Bing. As part of the agreement, Local Corporation's Krillion™ shopping data platform is helping power Bing's local product search results, including relevant retail locations, brands, categories, and product availability data and details. "We're plea... 
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08/21/13Local Corporation Appoints New Vice President of Product
Gaytan joins company's growing mobile strategy team IRVINE, Calif.--(BUSINESS WIRE)--Aug. 21, 2013-- Local Corporation (NASDAQ:LOCM), a leading online local media company, today announced the appointment of Jesus Gaytan as its new vice president of product management. In his new role, Gaytan will be responsible for leading the company's product management and development initiatives, including the company's strategic focus on mobile and the expansion of products connected to its growing loca... 
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08/08/13Local Corporation Reports Second Quarter 2013 Financial Results
Company Increases Annual Financial Guidance; Announces Record Mobile Traffic IRVINE, Calif.--(BUSINESS WIRE)--Aug. 8, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today reported its financial results for the second quarter 2013. “We are pleased to report another strong quarter with 6 percent sequential revenue growth, a $2.8 million improvement in loss from continuing operations and adjusted EBITDA, ne... 
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08/06/13Local Corporation Announces 2013 Annual Meeting Results
IRVINE, Calif.--(BUSINESS WIRE)--Aug. 6, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced the results of its 2013 Annual Meeting of Stockholders. The meeting was held earlier today in Costa Mesa, Calif. At the meeting, Local Corporation stockholders elected Heath B. Clarke as a Class III member of the company’s Board of Directors for a three-year term expiring in 2016. The company’s stockholder... 
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07/29/13Local Corporation Announces Spreebird Sale
Transaction expected to immediately improve earnings and cash flow IRVINE, Calif.--(BUSINESS WIRE)--Jul. 29, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced the sale of its Spreebird deals business to nCrowd, Inc. Under the terms of the definitive agreement, nCrowd, Inc. acquired the Spreebird business and all related assets. The transaction is connected to Local Corporation's exit from the direct SMB sales market earlier this year. The transa... 
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07/24/13Local Corporation to Announce Second Quarter 2013 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)--Jul. 24, 2013-- Local Corporation (NASDAQ:LOCM), a leading online local media company, today announced that it will release financial results for its second quarter 2013 after the close of market on Thursday, Aug. 8, 2013. Following the release, the company will conduct a conference call at 2 p.m. Pacific Time (5 p.m. Eastern), on which Heath Clarke, chairman and chief executive officer, and Ken Cragun, chi... 
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07/11/13Local Corporation Announces Record Mobile Search Traffic
IRVINE, Calif.--(BUSINESS WIRE)--Jul. 11, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced record mobile search traffic for the second quarter of 2013. The company achieved mobile search traffic of 34 million monthly unique visitors (MUVs) during the second quarter 2013, up 79 percent from 19 million MUVs during the year ago period and up 6 percent from 32 million MUVs during the first quarter 2013. "With 80 percent of local searches expected to ... 
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07/02/13Local Corporation to Participate on Panel at AAN Convention 2013
IRVINE, Calif.--(BUSINESS WIRE)--Jul. 2, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that it will be participating on a panel at the Association of Alternative Newsmedia's AAN Convention 2013 taking place at the InterContinental Hotel in Miami, Fla. July 11-13, 2013. Local Corporation's director of network properties, Stephanie Hamilton will join other industry executives on a panel titled "Thinking Outside the Banner" scheduled for 11:30 a.m.... 
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05/09/13Local Corporation Reports First Quarter 2013 Financial Results
Company reports positive cash flow from operations one quarter earlier than forecasted IRVINE, Calif.--(BUSINESS WIRE)--May. 9, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today reported its financial results for the first quarter 2013. “As previously announced, we achieved positive cash flow from operations a quarter ahead of schedule, due to solid gross margin expansion in the first quarter. We rema... 
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04/25/13Local Corporation to Announce First Quarter 2013 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)--Apr. 25, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that it will release financial results for its first quarter 2013 after the close of market on Thursday, May 9, 2013. Following the release, the company will conduct a conference call at 2 p.m. Pacific Time (5 p.m. Eastern), on which Heath Clarke, chairman and chief executive officer, and Ken Cragun, chief financial officer, will discuss the company's financi... 
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04/24/13Local Corporation’s Mobile App Wins 2013 Internet Advertising Competition’s “Best Mobile App Award”
IRVINE, Calif.--(BUSINESS WIRE)--Apr. 24, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that its Local.com mobile app for iOS® and Android™ enabled devices has won a 2013 Internet Advertising Competition "Best Mobile App Award." The Internet Advertising Competition Awards are produced by the Web Marketing Association to honor excellence in online advertising, recognize the individuals and organizations responsible, and showcase the best in award... 
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04/11/13Local Corporation To Raise $5 Million
IRVINE, Calif.--(BUSINESS WIRE)--Apr. 11, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that it has entered into a definitive agreement with The Tail Wind Fund Ltd., as lead investor, to sell $5 million in convertible subordinated notes and warrants to purchase common stock. The proceeds are to be used for general working capital. The convertible subordinated notes bear interest at 7 percent per year and are convertible into shares of Local Corp... 
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04/08/13Local Corporation Reaches Record Mobile, Organic and Total Search Traffic
IRVINE, Calif.--(BUSINESS WIRE)--Apr. 8, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced record mobile, organic and total search traffic for the first quarter 2013. The company reached mobile traffic of 32 million monthly unique visitors (MUVs) during the first quarter 2013, up 167 percent from 12 million MUVs during the year ago period. Organic traffic also continued to grow, representing 49 million MUVs during the first quarter, up 40 percent ... 
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04/03/13Local Corporation Reports Preliminary First Quarter 2013 Results
Company reports positive cash flow from operations one quarter earlier than forecasted IRVINE, Calif.--(BUSINESS WIRE)--Apr. 3, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today reported preliminary first quarter 2013 financial results. Based on preliminary results, the company reports first quarter revenue of approximately $21.7 million, up 4 percent from the prior quarter. In addition, the co... 
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03/26/13Local Corporation Launches “Fusion by Local” Premium Ad Network to Serve $3.4 Billion Local Display Ad Market
Gives Advertisers Reach Into Local Markets; Publishers Access to Top Brands and Additional Ad Revenue IRVINE, Calif.--(BUSINESS WIRE)--Mar. 26, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced the launch of "Fusion by Local," a new premium ad network for advertisers and brand marketers seeking to engage with targeted local audiences in markets across the U.S. Fusion by Local gives advertisers the ability to reach targeted customers in local marke... 
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03/06/13Local Corporation Granted U.S. Mobile Pay-Per-Call Patent
Third Enhanced Directory Assistance Patent Focuses on Mobile Implementations IRVINE, Calif.--(BUSINESS WIRE)--Mar. 6, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that the U.S. Patent and Trademark Office has granted the company patent number 8,359,049, which covers a mobile, pay-per-call Enhanced Directory Assistance method and/or system. This is the company’s third issued Enhan... 
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02/14/13Local Corporation Reports Fourth Quarter and Fiscal 2012 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)--Feb. 14, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today reported its financial results for the fourth quarter and fiscal 2012. “We are pleased to reiterate our prior guidance for 2013 revenue growth of about 12 percent above our fourth quarter 2012 exit run rate and anticipate first quarter 2013 revenues will exceed fourth quarter 2012 revenues. We expect to swing t... 
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01/31/13Local Corporation to Announce Fourth Quarter and Full Year 2012 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)--Jan. 31, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that it will release financial results for its fourth quarter and full year 2012 after the close of market on Thursday, Feb. 14, 2013. Following the release, the company will conduct a conference call at 2 p.m. Pacific Time (5 p.m. Eastern), on which Heath Clarke, chairman and chief executive o... 
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01/24/13Local Corporation Reports Preliminary Unaudited Fourth Quarter and Full Year 2012 Results; Provides 2013 Outlook
IRVINE, Calif.--(BUSINESS WIRE)--Jan. 24, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today reported preliminary unaudited fourth quarter and full year 2012 financial results, and provided financial guidance for full year 2013. The company previously provided 2012 revenue guidance of between $99 million and $100 million. Fourth quarter 2012 revenue guidance was between $22 million and $23 million, and Adjust... 
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01/22/13Local Corporation Reaches Record Organic and Mobile Quarterly Search Traffic
IRVINE, Calif.--(BUSINESS WIRE)--Jan. 22, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced record organic and mobile search traffic for the fourth quarter 2012. The company reached organic traffic of 45 million monthly unique visitors (MUVs) during the fourth quarter, up 51 percent from 30 million MUVs during the year ago period. Mobile traffic also continued to grow, represe... 
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01/21/13Local Corporation Appoints New Board Member
IRVINE, Calif.--(BUSINESS WIRE)--Jan. 21, 2013-- Local Corporation (NASDAQ:LOCM), a leading online local media company, today announced the appointment of Frederick G. Thiel to its board of directors. Thiel brings over 25 years of senior level strategic management experience in the software, media, internet and technology industries. Thiel was managing partner of the software IT group at Triton Pacific Capital Partners, a privat... 
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01/16/13Local Corporation Launches U.K. Version of Flagship Local Search Site
Expands Search Advertising Agreement with Yahoo! to U.K. IRVINE, Calif.--(BUSINESS WIRE)--Jan. 16, 2013-- Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced the launch of its new local search site in the U.K. (http://uk.local.com). The company also announced an expanded search advertising agreement with Yahoo!, Inc. that covers the U.S. and also now the U.K. Under the terms of the agreement,... 
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