SaveDaily, Inc. Preparing for Sustainable Growth

SEAL BEACH, Calif., July 19, 2012 /PRNewswire/ -- SaveDaily, Inc. (OTCBB: SAVY), the leading provider of low cost mutual fund investing platforms used by financial institutions, has announced the appointment of Robert Roche as compliance officer and Director of Small Account Strategy of the company and has retained National Regulatory Services (NRS) as an outside compliance consultant to maintain its high compliance standards under the expected growth curve the company will experience over the next years.

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Jeff Mahony, CEO of SaveDaily explained, "We are very pleased and confident in the foundation we have set when it comes to complying with the complex and sophisticated financial regulatory structure we operate under. As we sign more marketing agreements with top financial institutions and begin seeing a strong growth curve, we want to stay ahead of the increased potential risk by ensuring strict compliance under existing and possible new regulations. Bringing Robert on as a dedicated compliance supervisor backed up by the excellent team at NRS, we are confident that our systems and processes will meet and exceed all requirements including SSAE 16."

Mr. Roche has spent the last 20 years in Financial Services working with RIA's, Sponsors, Banks,  Planners, TAMPs and Broker Dealers in both the US & Canada to build and develop proprietary Wrap/ETF/UMA and Separately Managed Account platforms. He has helped build out some of the largest programs in the country working with top banks and turnkey asset management providers. Most recently he was Director of Operations for a multi-billion dollar quantitative RIA firm offering sophisticated Value and ETF rotational strategies to institutions and private clients.

NRS is part of BankersAccuity, the global standard for payment efficiency and compliance solutions. NRS is the US leader in compliance and registration products and services for investment advisers, broker-dealers, hedge funds, investment companies and insurance institutions. The company delivers integrated and effective compliance solutions to a wide range of users within the financial services industry through three interrelated offerings – comprehensive education, best-in-class technology and expert consulting services – enabling its clients to meet their regulatory requirement and minimize risk.

According to Mr. Roche, "This is an exciting company that is breaking down old investing models and bringing affordable, professionally managed investing to the masses. I am eager to work with a group like NRS to make SaveDaily's business processes a case study in excellence for financial services controls and reporting standards. The fact that we are taking these steps clearly demonstrates our commitment to the investing public."

About SaveDaily, Inc.
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.

Forward Looking Statements
This release contains forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to the possibility that some or all of the matters and transactions considered by SaveDaily may not proceed as contemplated, and by all other matters specified in SaveDaily's filings with the Securities and Exchange Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. SaveDaily does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the SaveDaily's filings with the Securities and Exchange Commission, including its recent periodic reports.

Company Contact:
Jeff Mahony, CEO
(562) 795-7000

SOURCE SaveDaily