BWI: Rediff.com Launches LocalAds on Mobile and Web

Press release from Business Wire India
Source: Rediff.com (India) Ltd.
Tuesday, February 17, 2009 06:11 PM IST (12:41 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Telecommunications
Release no: 19269
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Rediff.com Launches LocalAds on Mobile and Web
New Service to Post and View Local Ads on Mobile and Personal Computer

Mumbai, Maharashtra, India, Tuesday, February 17, 2009 -- (Business Wire India) -- Rediff.com India Limited (NASDAQ: REDF), India's leading online portal, has launched an advertising service for small and local advertisers.

The system has more than half a million ads available for users searching for products and services. Advertisers can post their ads free of cost. The service is easy to use. Users can post and view local ads on both personal computers as well as mobile phones.

The new service is designed for small and home businesses such as travel agents, tuition classes, insurance agents, matrimony services, estate agents, pre-owned car sellers, maintenance contractors and others.

The Rediff Local ads service is available at http://localads.rediff.com

About Rediff.com

Rediff.com (Nasdaq: REDF) is one of the premier worldwide online providers of news, information, communication, entertainment and shopping service.

Rediff.com provides a platform for Indians worldwide to connect with one another online. Rediff.com is committed to offering a personalized and secure user experience. Founded in 1996, Rediff.com is headquartered in Mumbai, India, with offices in New Delhi, Bangalore, Chennai, Hyderabad and New York, USA.

Safe Harbor

Except for historical information and discussions contained herein, statements included in this release may constitute "forward-looking statements." These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those that may be projected by these forward looking statements. These risks and uncertainties include but are not limited to the slowdown in the U.S. and Indian economies and in the sectors in which our clients are based, the slowdown in the Internet and IT sectors world-wide, competition, success of our past and future acquisitions, attracting, recruiting and retaining highly skilled employees, technology, legal and regulatory policy, managing risks associated with customer products, the wide spread acceptance of the Internet as well as other risks detailed in the reports filed by Rediff.com India Limited with the U.S. Securities and Exchange Commission. Rediff.com India Limited and its subsidiaries may, from time to time, make additional written and oral forward-looking statements, including statements contained in its filings with the U.S. Securities and Exchange Commission and its reports to shareholders. Rediff.com India Limited does not undertake to update any forward-looking statement that may be made from time to time by it or on its behalf.


CONTACT DETAILS
Mandar Narvekar, Rediff.com (India) Ltd., +91 (022) 2444 9144, mandarn@rediff.co.in

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, REDF.O

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