GreenStack Debuts Location-based Savings App for iPhone & iPod Touch that Reveals Hidden Discounts On-the-Spot

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Launches at TechCrunch Disrupt SF

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"It’s our mission to remove the time-sink and complexity that comes between people and the best deals" -- David Hehman, CEO and co-founder of GreenStack, Inc.

SAN FRANCISCO, CA – TechCrunch Disrupt SF September 10, 2012 – GreenStack, Inc., a mobile application company that makes saving money fun and easy, today unveiled greenstack – a free, location-based savings app for iPhone, iPod touch and iPad that unlocks the next generation of discount redemption: deal stacking.

Marketplace First - ‘Stacking’
GreenStack’s patent-pending technology brings ‘stacking’ to the deals marketplace – so that a variety of coupons, sales, and loyalty or membership benefits can now be instantly combined and redeemed on-the-spot. The app’s ‘Staculator’ feature frees consumers from the drudgery and chaos of tracking various offers and benefits on their own, while elegantly displaying multiple ways to save.

Got Memberships? Hidden Savings Now Activated
The average consumer tends to forget which memberships they have, while also remaining generally unaware of the associated benefits (think credit cards, Costco, AAA, museums, professional associations, alumni associations, loyalty, and so on). And they’re even more unlikely to track and redeem the complicated money-saving side of the cards: discount offers, perks, and promotions.

The number of cards people have in their wallets is also on the rise. In fact, according to the 2011 COLLOQUY Loyalty Census, the average household has signed up for 18.4 programs – and that's just for loyalty (not credit or association cards, etc.).

Deal Seekers Rejoice!
With the down economy, most consumers are hunting for deals and bargains. And whether money is scarce or not, consumers simply enjoy the fun and gratification of combining multiple offers to bag a price worth bragging about.

“We’re here to bridge the gap that exists between the consumer and the best possible price,” said David Hehman, CEO and co-founder of GreenStack, Inc. “It’s our mission to remove the time-sink and complexity that comes between people and the best deals. We hope that our laser focus on combining, or stacking, offers, provides consumers with renewed peace of mind that they’re getting the best possible price.”

The app’s initial focus is on dining in the San Francisco region but will be expanded to other major cities in the coming months, and provide shopping and entertainment savings opportunities as well.

The greenstack app is available for free from the App Store on iPhone, iPod touch and iPad or at http://www.itunes.com/appstore.

About GreenStack, Inc.
Founded in early 2012, GreenStack, Inc. develops mobile apps that make saving money fun and easy. The company’s initial product, launched at TechCrunch Disrupt SF 2012, is also named greenstack. A free iPhone, iPod Touch and iPad app, greenstack provides location-based savings, for the ultimate in discount redemption while dining in the San Francisco region, with national deployment, as well as shopping and entertainment, coming soon. GreenStack’s patent-pending technology brings ‘stacking’ to the deals marketplace – where coupons, sales, loyalty and membership benefits, and so on, are instantly combined and redeemed on-the-spot. Based in San Francisco, California, GreenStack is headed up by serial entrepreneur David Hehman and has raised $600K in seed funding.

About TechCrunch Disrupt SF 2012
TechCrunch Disrupt SF 2012 (http://techcrunch.com/events/disrupt-sf-2012/) is TechCrunch’s sixth annual conference in San Francisco. The format combines top thought-leader discussions with new product and company launches. During morning executive discussions, technology-driven disruptions in many industries will be debated. Afternoons are reserved for the Startup Battlefield, where 30 new companies will launch for the first time on stage, selected to present from more than 1,000 applications received from around the world. The winning company will receive a $50,000 grand prize and the Disrupt Cup at the conclusion of the conference. The conference is Sept. 10-12, 2012, at The Concourse at San Francisco Design Center located at 635 8th St. (at Brannan) in San Francisco's downtown SOMA district.

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