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Investor Information > Press Releases > Current > Detailed Releases


Rediff.com India Limited (Ticker: REDF, Market: NASDAQ-SCM)
Press Release - Feb 17, 2009



Rediff.com launches LocalAds on mobile and web

New service to post and view local ads on mobile and personal computer

MUMBAI, India - February 17, 2009: 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



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 economies worldwide 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 policies, 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 the Company's filings with the Securities and Exchange Commission and our 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 or on behalf of the Company.






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