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Lockerz.com™ (www.lockerz.com) Launches SHOP - the Web's Newest Commerce Model - Across Europe, Canada, Australia and New Zealand

Millions of Lockerz Members Around the World Can Now Earn Huge Discounts Off World's Best Brands


News provided by

Lockerz.com

Aug 11, 2010, 03:04 ET

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SEATTLE, Aug 11 /PRNewswire/ -- Lockerz.com™ ( http://www.lockerz.com ), the fast-growing new shopping destination for men and women 13-30, officially launched Lockerz SHOP today in the United Kingdom, France, Germany, Ireland, Italy, Netherlands, Spain and Sweden as well as Canada, Australia and New Zealand. This expansion follows the successful BETA launch of SHOP in the U.S. in May.

Lockerz.com, with more than 16 million registered members globally, rewards its members with Lockerz Pointz™ or "PTZ" simply for doing what they love most on the web including watching videos, listening to music, shopping for the latest in fashion, gaming, electronics and sports gear and later this year, connecting with friends. Currently, there are more than six ways for members to earn PTZ on Lockerz through engagement and connection with the website, and more than 10 new ways over the coming months.

In Lockerz SHOP, members may redeem their earned PTZ for huge discounts off any product for sale in 10-12 weekly brand boutiques, even up to 100% off MSRP for Lockerz's most active members. With every purchase in Lockerz SHOP, members earn additional PTZ for future discounts.

Members choose to use as many or as few PTZ as they've earned using Lockerz patent-pending PTZ slider.  The PTZ slider instantly calculates the discount off the full price of any item.  Lockerz members also have the option of saving their points and redeeming them for a limited number of free prizes every few weeks.

"We're excited by our member reaction to this new e-commerce model and continue to learn from our Beta testing in the U.S. and now 11 new countries so that we may continue to improve on the member experience," said Lockerz founder and CEO Kathy Savitt.

Lockerz SHOP sells a wide selection of premium global brands from apparel and jewelry to electronics, gaming and dorm decor. To date, more than 150 brands have signed to market and sell their collections on Lockerz. SHOP boutiques include Microsoft, Nintendo, Rock & Republic, Ben Sherman, House of Harlow, Razor and Sony, among others.

About Lockerz.com™ ( www.lockerz.com )

Founded in March 2009, the mission of Lockerz is to be the homepage of a new generation – Generation Z (ages 13-30). The invitation-only site combines video, shopping and social networking with a robust loyalty program that rewards members with Lockerz Pointz™ (PTZ), which can be redeemed for discounts on name-brand merchandise. Lockerz is a start-up company funded by Kleiner Perkins Caufield & Byers (KPCB), the Silicon Valley venture capital firm, and online media conglomerate Liberty Media. The company is headquartered in Seattle, WA.

SOURCE Lockerz.com

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