LuxeYard Popularity Rises As Company Crosses 600,000 Member Mark

LOS ANGELES, April 19, 2012 /PRNewswire/ -- LuxeYard Inc., (OTCBB: LUXR), the fast-growing luxury flash sale site, today announced surpassing the 600,000 member threshold in less than three months since its public launch on January 24, 2012. 

Combined with the recent strategic alliance established with buyinvite, one of Australia's premier members-only private sale sites, LuxeYard sales events are now accessible to a collective audience of more than 2.1 million consumers in the U.S. and around the Pacific rim.

"Our marketing team has taken a diversified approach toward gaining exposure and building our member base, combining traditional search, targeted ads, editorial exposure, social media outreach and other viral strategies that are only beginning to gain traction," said Josh Thompson, CMO of LuxeYard. "Clearly our strategy of listening to our members is being validated daily by our rapid growth.  We will continue to take requests and bring unique products that resonate with our audience."

Other recent LuxeYard accomplishments include:

• Showcasing products from notable apparel and fashion accessory names such as: Frankie B Jeans, Maggie Ward and Velvet by Spencer and Graham on the new LuxeYard Style site
• Adding new Trendsetters such as Giuliana Rancic, an award-winning entertainment journalist, style and beauty expert and reality show star, with over 2.6 million Twitter followers

About LuxeYard
LuxeYard is a members-only flash sale site for luxury home furnishings, decor and fashion that offers access to unique products sourced by a seasoned team of buyers at a fraction of retail prices. LuxeYard is the pioneer of Concierge Buying, which gives members the power to determine what items will be sold on the site, and Group Buy which allows them to lower the price by sharing sale items with friends. Along with its veteran retail, ecommerce and digital marketing management team, LuxeYard partners with celebrity Trendsetters and design and fashion industry insiders to deliver a curated buying experience from a unique point of view to its members. To join the LuxeYard community, visit www.LuxeYard.com. 

Forward-Looking Statements
This press release contains forward-looking statements regarding our member acquisition and customer satisfaction goals, which involve risks and uncertainties, and actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, the factors included under the headings "Risk Factors" and "Cautionary Note Regarding Forward Looking Statements" in the company's Form 10-K, filed with the Securities and Exchange Commission on April 17, 2012, a copy of which may be obtained by visiting the SEC's web site at www.sec.gov. LuxeYard's actual results could differ materially from those predicted or implied and reported results should not be considered as an indication of future performance.

You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or occur. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. We undertake no obligation to update publicly any forward-looking statements for any reason after the date of this press release to conform these statements to actual results or to changes in our expectations.

Contacts:
PondelWilkinson
George Medici | [email protected]
Rob Whetstone | [email protected]
(310) 279-5980

LuxeYard, Inc.
Jack Guerrero | [email protected]
(323) 821-2670

SOURCE LuxeYard, Inc.