Local Corporation (NASDAQ: LOCM), a leading online local media company, today announced that the U.S. Patent and Trademark Office has granted the company patent number 8,176,082, which covers a system for geographical web search indexing.
Issued on May 8, 2012, the patent describes a geographical web search system that retrieves an initial webpage with a link to a related second webpage. Geographical or local information from the second webpage is detected and associated with the first webpage in order to create an index of webpages associated with the geographical information.
"Consumers increasingly access the Internet via mobile devices in order to research local products and services. This patent advances our ability to deliver more relevant search results for local products and services to the 30 million consumers that touch our network each month,” said Heath Clarke, Local Corporation chairman and CEO. “We have spent years developing our intellectual property in this field, and we’re pleased that this key patent has issued."
According to a recent study from Pew Internet, 74 percent of smartphone owners use their phone to get real-time location-based information.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 over 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.
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