Premier America Credit Union Adopts SaveDaily Platform to Offer Low Cost Mutual Fund Investing

SEAL BEACH, Calif., April 10, 2012 /PRNewswire/ -- SaveDaily, Inc. (OTCBB: SAVY), the leading provider of low cost mutual fund investing platforms used by financial institutions, today announced that Premier America Credit Union has contracted with the company to offer its credit union members the ability to invest in mutual funds.  The Premier America program will be marketed as "Invest in Your Future" (iiYf) and will be offered to employees and members in the coming weeks.

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"I became aware of the unique benefits of the SaveDaily investment platform several years ago," stated Donna McNeely, SVP, Premier America Credit Union, Investment & Insurance Services.  "Designed to appeal to our Gen X and Gen Y members, 'Invest in Your Future' (iiYf) offering eliminates high initial investment amounts and the ongoing contribution requirements usually found in other industry programs, while allowing our members to invest without incurring transaction fees. Members will now have greater investment opportunities for their savings in both qualified and non-qualified accounts such as those for education and retirement," she added.  

Credit unions, banks and other financial service providers adopting the SaveDaily platform can offer mutual fund investing to their customers at extremely low cost under their own brand. For one low flat monthly charge, investors in these mutual funds can have unlimited positions and unlimited transactions without transaction fees.

"Premier America is a first class financial institution with nearly 67,000 members and $1.3 billion in assets. We are pleased to partner with them in their offering," said Greg Vacca, SaveDaily President.  He went on to say, "Ms. McNeely is a seasoned professional who understands the needs of investors and the need to provide them quality alternatives.  She will be a key component to the anticipated success of the program."

About SaveDaily

SaveDaily offers investments and record-keeping services to its intermediary partners, as well as directly to clients through a variety of white-labeled interfaces. SaveDaily owns its proprietary financial services platform which has been in production for about three years, helping financial intermediaries succeed in bringing suitable and affordable investment services to everyday savers and investors.  SaveDaily, through its financial services partners, has the capability of making virtually all mutual funds available to its clients. SaveDaily conducts its business through its wholly owned subsidiary, SaveDaily.com, Inc., which is headquartered in Seal Beach, California and is a Registered Investment Advisor with the Securities and Exchange Commission.  For more information, visit www.savedaily.com.

About Premier America Credit Union   

Premier America Credit Union is a full-service financial institution, offering an array of checking and savings accounts; auto and home loans; credit cards; investment, insurance and business services. Learn more about Premier America at www.premier.org.

Forward Looking Statements

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding pending litigation and the timing and outcome of those proceedings. Such forward-looking statements are based on expectations, estimates and projections about the markets in which the Company operates, management's beliefs, and certain assumptions made by management and involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements, including but not limited to (1) the outcome of any legal proceedings that have been or may be initiated by the Company or that may be initiated against the Company; (2) the ability of the Company to continue deploying on its low cost platform and to achieve widespread customer adoption of the Company's product and service offerings; and (3) the possibility that Company may be adversely affected by other economic, business, and/or competitive factors. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission, including those under the heading "Risk Factors" in Company's Current Report on Form 8-K filed with the SEC on August 30, 2011 and in the Company's Quarterly Report on Form 10-Q filed with the SEC on November 14, 2011.  Many of the factors that determine the outcome of the subject matter of this press release are beyond the Company's ability to control or predict. Except as required by law, the Company is under no duty to update any of the forward-looking statements after the date of this press release to conform to actual results.

Company Contact:
Greg Vacca
SaveDaily Inc.
562.795.7500 ext 1020
[email protected]

Media Contact:
Krush Creative Group
Katherine Hills
949.753.9069
949.697.9715 (mobile)
[email protected]

SOURCE SaveDaily, Inc.