Deem(R) Announces Q2 2014 Network Growth

Leading Cloud and Mobile Commerce Company Achieves Record Growth Across Buying Organizations, Selling Merchants and Distribution Partners

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| Source: Deem, Inc.

SAN FRANCISCO, July 22, 2014 (GLOBE NEWSWIRE) -- Deem, a leading cloud and mobile commerce company, delivering Commerce-as-a-Service (CaaS) to a large and diverse ecosystem of customers, merchants and partners enabling them to lower costs, increase revenue and deepen customer loyalty announces record Q2 2014 network growth with the addition of over 3,000 customers, 1,000 merchants as well as new partners.
 
"Our objective is to become the most trusted and valuable commerce partner to businesses, globally and locally. The explosive growth across all aspects of our network last quarter validates our vision, mission, innovation and execution," said Patrick Grady, Founder and CEO of Deem.
 
Deem helps companies Save

Deem provides the world's only integrated Cloud Suite of Travel, Expense and Procurement applications that enables companies of all sizes to purchase virtually any product or service in the context of corporate policy, employee roles and negotiated discounts resulting in savings on every transaction.

More than 3,000 businesses ranging from 100 employee startups to Fortune 100 multinationals joined the Deem network to save money during the quarter including Cognizant, Princeton University, SGS North America, GT Software, Aisin World Corporation of America and Safe Foods Corporation.

Deem helps companies Sell

Deem enables businesses of all sizes to sell virtually any product or service across its network, helping them to acquire the right business and consumer customers at the right time and to more deeply engage existing customers.  Merchants can execute a variety of promotions including pre-paid deals, card-linked offers, unique and time-based exclusives, standing discounts for commercial goods and services and pre-negotiated corporate discounts. Deem delivers closed-loop and perfectly measurable advertising and commerce promotions to its merchants and only charges them on a performance-basis thereby eliminating advertising and merchant risk.

More than 1,000 leading merchants joined the Deem network during the quarter including national brands such as 1-800 Flowers and Hertz and respected local businesses such as Manhattan Cosmetic Dentistry, Ray's Pizza and U.S. Limo.

Deem helps companies Syndicate

Deem enables market leaders in consumer, mobile, travel and businesses services to white-label all or part of Deem's network capabilities under their brands through its configurable APIs and applications to deliver next-generation loyalty and commerce experiences as part of their core offerings without the need for expensive customization.

Deem added and renewed numerous partners in the second quarter including Travel and Transport, Ultramar, All Direct Travel, Cain Travel, Accent Travel and Montrose Travel.
 
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About Deem

Deem is a leading cloud and mobile commerce company, delivering Commerce-as-a-Service (CaaS) to a large and diverse ecosystem of customers, merchants and partners enabling them to lower costs, increase revenue and deepen customer loyalty. 

Businesses saving money with Deem include SMBs and Fortune 500 multinationals. Merchants selling on Deem include local and national consumer and business brands. Distribution partners include market leaders in business, consumer, mobile and travel services. 

www.deem.com

Kristina Taylor
650.303.5379