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Cool Savings Income, Revenue Surge

CoolSavings Inc. reported net income of $1 million last year.

CoolSavings Inc. reported net income of $1 million last year.

The online grocery coupon marketer reported net revenue of $15.3 million for the quarter ended March 31, up 91% over $8 million last year.

"CoolSavings' impressive 91% year-over-year revenue growth is directly attributable to the expansion and success of our Marketing Network," said Matthew Moog, CEO of the Chicago company in a statement.

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