IRVINE, Calif.--(BUSINESS WIRE)--Feb. 7, 2012--
Local
Corporation (NASDAQ: LOCM), a leading online local media company,
today announced that its display network served a record one billion ad
impressions during December 2011, up 300 percent over January 2011.
The record impressions were served across the flagship Local.com site,
the company’s syndication network of more than 1,000 regional media
sites and the company’s recently launched display ad network, which
powers display advertising for third-party web publishers. The company’s
display ads generate CPM revenues when banner ads are served through the
system.
In November 2011, the company launched RAMP by Rovion, the first
automated, cloud-based solution for the creation and publishing of rich
media ads for online and mobile environments incorporating local product
data by Krillion. RAMP is now part of the company’s display ad network
and offers publishers, agencies and the brands they represent the
ability to create, deliver and track customized rich media ad campaigns
across multiple environments with a single ad tag.
“Consumer reach continues to be a key performance indicator for our
business. We are expanding our display business to provide us with
increased reach to online consumers,” said Michael Sawtell, president
and COO, Local Corporation. “This allows us to provide further value to
our direct subscription advertisers as well as our ad partners. Display
represents approximately 10 percent of our overall revenue and is one of
the fastest growing areas of our business.”
According to BIA/Kelsey, local online display advertising is expected to
grow from $2.1 billion in 2010, accounting for 20 percent of the total
display ad inventory to $4.9 billion by 2015, accounting for 30 percent
of total display ad inventory.
About Local Corporation
Local Corporation (NASDAQ:LOCM) is a local media company that
specializes in connecting brick-and-mortar businesses with online
customers using a variety of innovative digital marketing products
including local rich media, local business and product search, mobile,
SEO, web hosting, social media and daily deals. The company serves a
million consumers a day on the flagship Local.com website, Spreebird.com
and a network of more than 1,000 regional media sites. To advertise, or
for more information, visit: http://www.local.com/
or http://www.localcorporation.com.
Local Corporation is a registered trade name of Local.com Corporation.
Forward Looking Statements
This press release contains certain forward-looking statements that are
based upon current expectations and involve certain risks and
uncertainties within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Words or expressions such as
"anticipate," "plan," "will," "intend," "believe" or "expect'" or
variations of such words and similar expressions are intended to
identify such forward-looking statements. These forward-looking
statements are not guarantees of future performance and are subject to
risks, uncertainties, and other factors, some of which are beyond our
control and difficult to predict and could cause actual results to
differ materially from those expressed or forecasted in the
forward-looking statements. Key risks are described in the filings we
make with the U.S. Securities and Exchange Commission. The
forward-looking statements in this release speak only as of the date
they are made. We undertake no obligation to revise or update publicly
any forward-looking statement for any reason. Unless otherwise stated,
all site traffic and usage statistics are from third-party service
providers engaged by the company.

Source: Local.com Corporation
Media Relations Contact:
Local Corporation
Cameron
Triebwasser
949-789-5223
ctriebwasser@local.com