LOZO.com Delivers $10 Million in Matched Savings to Consumers!

NEW YORK, Dec. 6, 2012 /PRNewswire/ -- LOZO.com, a free online service that matches grocery coupons to consumers' shopping lists, has delivered more than $10 million dollars in matched savings to over 200,000 registered shoppers in the past 6 months.

LOZO's unique technology finds coupons from hundreds of sources, including manufacturers' websites and all the top grocery coupon distributors, and creates personalized matches for each of its users. Currently, LOZO has over 1,000 grocery coupons listed on their website in a "Kayak-style" format, for nearly $2,000 in printable savings! Shoppers who use LOZO regularly can save up to 50% or more on their annual grocery bills in just a few minutes each week.*

"When we started LOZO.com we knew the potential for saving money was great, but never imagined we'd reach $10 million in matched savings so quickly. It proves that people really like the convenience of having us find coupons for them, rather than spending hours doing it themselves. It's our mission to revolutionize the way consumers save, by making it easy," says LOZO founder and CEO Jeff Kaplan.

New for this holiday shopping season, LOZO has launched a feature that brings coupons from your favorite online shopping destinations right to your inbox, all in one place. Instead of scouring the web for coupon codes, or subscribing to dozens of mailing lists, just add your favorite online retailers to your LOZO shopping list and get alerts when matching coupons are found. "Since our grocery coupon matching technology was so popular with consumers, we decided to add other options to the search engine—for clothes, sporting goods, electronics and more. We know people want to save on whatever they buy, so we think this new feature is one that they'll really love," adds Kaplan.

Since its beginnings, LOZO has differentiated itself from DIY couponing and deal sites with its "do-it-for-you" model.  Its unique service allows shoppers to enter their shopping list by brand, category, variety, and receive matching, printable coupons, directly into their inbox. Plus LOZO has thousands of money-saving-tips, cash back rebates, shopping deals and more, all in one place. Nowhere else can consumers save money as quickly and efficiently as they can on LOZO.com.

Jeff Kaplan's family has practiced couponing for five generations. Jeff and his brother Dan (LOZO's Creative Director), father Dave and son Sam recently appeared on Good Morning America and TLC's Extreme Couponing as coupon and consumer savings experts. Jeff also recently appeared on Good Afternoon America, ABC Radio News and NY1 as a consumer savings expert.

For more information about LOZO, visit their website at www.LOZO.com.

*Grocery savings of 50% are projected per annum based on savings achieved over the past four months by LOZO.com's most frequent users.

Contact:

Caroline Andoscia // [email protected] // 212.475.2122 x701

Emma Ho // [email protected] // 212.475.2122 x702

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SOURCE LOZO.com