Savings.com Brings in New Chief Operating Officer to Further Growth Plans Company Exceeds 35 Million Visitors and Adds 1 Million Registered Users to Community

SANTA MONICA, Calif., March 23, 2011 /PRNewswire/ -- Savings.com, the premier destination for online coupons and coupon codes, has proudly added a new Chief Operating Officer, Thomas Swalla, to its team.  Swalla joins the rapidly growing Web site, which has now surpassed 35 million visitors and almost 1 million registered users.  

"We're excited to have Thomas join our company in the midst of a turning point with the launch of our personalization tool, as well as a surge in visitors and growth in our user base" said Savings.com CEO, Loren Bendele.  "We're proud of the tremendous success that Savings.com achieved in 2010 and look forward to working with Thomas to contribute his skill set and expertise working with technology and venture backed- start-up firms to drive our success forward in 2011."

Swalla joins Savings.com from Lagovent Ventures in Los Angeles where he evaluated consumer internet businesses as an EIR.  Prior to Lagovent Ventures, Swalla was the President at Knowledge Adventure, the leading venture-backed developer and publisher of children's gaming content, where he was responsible for launching and managing all online business initiatives for the company.  

"I am thrilled to be joining the Savings.com team during this exciting period of growth for the company," commented Savings.com COO Thomas Swalla.  "The team has a tremendous track record of working successfully with its over 10,000 merchant partners and delivering over $400 Million in revenue for our partners."

Since its founding in 2007, Savings.com has helped consumers save over $150 million.  Its growing list of partners includes Yahoo! Deals, The DealMap, and PriceGrabber, among others.  Swalla joins the team of more than 80 employees, which has expanded by more than 50% since 2009.  

Savings.com is one of the fastest growing privately held companies in the US with access to more than 200,000 deals.  In addition to providing coupons that are guaranteed to work, consumers across the country turn to Savings.com to find tips from the site's popular personal finance blog, newly launched Answers tool and a vital community of online coupon experts, the DealPros®.

About Savings.com

Savings.com helps consumers save money every day. The premier online savings Web site and community has the best deals for everything shoppers want, making it easier than ever to search, find and share big savings from top brands and stores. The company's dedicated team of DealPros® scours the Web to find top offers in every category from designer clothes and baby gear to big-screen TVs and gourmet food. The site's community of members and savers rates each deal to make sure users find the best stuff first eliminating the need to spend time sifting through expired coupons and coupon codes that don't work. Savings.com is a safe haven of high-quality, reliable deals. Savings.com's sister site, Savoo.co.uk, offers top coupons and deals to UK-based shoppers.

SOURCE Savings.com



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