Press Release: Data Solutions : Data Solutions Australia announces acquisition of Loocl

Sydney, 27th Oct, 2016: Data Solutions Australia announced today that it has recently acquired Loocl, the last-minute local deals app. Data Solutions Australia was established in 2001 and is one of Australia's most accurate and trusted business intelligence and data providers. It has grown significantly since its inception with the Loocl acquisition bolstering its transactional data capabilities. Loocl, which launched in 2015, lets cafes, restaurants and bars instantly post last minute deals to people close by. When a business owner has stock to clear or seats to fill, they simply open Loocl on their phone and post a deal in under a minute. Deals last as short as an hour or as long as a day and surface to Loocl users close by and in real-time. Following the acquisition Data Solutions Australia's CEO, David Webb stated "By giving business owners an app that lets them bring in more customers when they're quiet, Loocl empowers small businesses in a brand new way. In addressing this significant hospitality pain-point, the Loocl team achieved exceptional customer engagement levels and the limited resources which they did this with make their achievement all the more outstanding." Loocl's founder, Elie Shuggi, will now step away from day to day operations and become a Strategic Adviser to the business. He will remain a minority shareholder along with his three original angel investors. "Data Solutions Australia is a great natural partner. They're well respected in the data community, have strong synergies with Loocl and have resources and know-how we could have only dreamt of six months ago. It's an exciting time for the business." Shuggi stated.