Deem Achieves Strong Q3 2014 Network Growth

SAN FRANCISCO, Oct. 21, 2014 (GLOBE NEWSWIRE) -- Deem, a leading cloud and mobile commerce company, today announced record Q3 2014 network growth. Deem added more than 3,300 customers, 1,000 merchants and many strategic new partners to its large and diverse ecosystem that enables businesses to lower costs, increase revenue and deepen customer loyalty.

"At Deem, our objective is to become the most trusted and valuable commerce partner to businesses, globally and locally," said Patrick Grady, founder and CEO, Deem. "The continued growth across all aspects of our network last quarter validates our vision, mission, innovation and execution."

Deem Helps Companies Save

Deem provides the world's only integrated cloud and mobile 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 3,300 businesses ranging from 100 employee startups to Fortune 100 multinationals joined the Deem network or renewed to save money during Q3 2014 including MetLife, Bain & Company, SAS Institute, 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 Omaha Steaks, Rosetta Stone, and respected local businesses such as Challenger Space Center, Arizona Broadway Theatre, Lincoln Theatre, Regency Sedan and J.R. 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 Association Travel Concepts, Direct Travel, Jay Walker Travel, Professional Travel Service, Cadence Travel, Fox World Travel, Travizon, Mean Green Travel and more.

About Deem

Deem is a leading cloud and mobile commerce company, delivering Commerce-as-a-Service (CaaS) to a large and diverse ecosystem of more than 22,000 business customers, hundreds of thousands of merchants and scores of 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.

CONTACT: Andrea Meyer Deem, Inc. 415.590.8950

Source:Deem, Inc.