LNUX Geeknet (MM)

Geeknet, Inc. (Nasdaq:LNUX), the online network for the global geek community, today announced that VideoLAN has chosen the new SourceForge Downloads service to host its popular VLC media player.

SourceForge Downloads is a free, global distribution service that provides developers of open source software with access to the world's largest managed global mirror network, which includes 31 mirror sites on six continents. Built with input from leading open source project administrators and developers, SourceForge Downloads allows developers to distribute any open source project, regardless of where the software is hosted. In addition to providing projects with increased external visibility, SourceForge Downloads also includes a set of robust reporting tools and controls that allow developers to view key statistics, such as download volume, geographic location and computing platform.

"VideoLAN's selection of SourceForge Downloads to host VLC validates our strategy to open our global distribution network to all open source software projects," said Jeff Bates, Vice President, Product at Geeknet. "VLC launched on our service just one week ago and has already been downloaded more than four million times."

The wildly popular VLC project is a free, highly portable multimedia player, encoder and streamer, supporting most audio and video formats. Since its inception, the project has been downloaded over 420 million times.

"By joining forces with SourceForge, our VLC media player gains greater visibility in the open source community," said Jean Baptise Kempf, developer for the VideoLAN Project. "Their excellent in-depth reporting tools allow collection of statistics on our users, enabling us to improve and refine the project in an efficient manner."

For more information on SourceForge Downloads, visit: sourceforge.net/downloads

ABOUT GEEKNET

Geeknet is the online network for the global geek community. Our sites include SourceForge, Slashdot, ThinkGeek, Geek.com, Ohloh and freshmeat. We serve an audience of nearly 44 million users* each month and provide the tech-obsessed with content, culture, connections, commerce, and all the things that geeks crave. Want to learn more? Check out geek.net.

The Geeknet, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7330

(*May 2010 Unique Visitors 43.5M. Source: Google Analytics and Omniture) Geeknet, SourceForge, Slashdot, ThinkGeek, Geek.com, Ohloh and freshmeat are trademarks of Geeknet, Inc. All other trademarks or product names are the property of their respective owners.

ABOUT VIDEOLAN

VideoLAN is a project, run by volunteers, backed-up by a non-profit organization, which produces free and open source software for multimedia, released under the GNU General Public License. Our main software is the cross-platform VLC media player. We are also the home of x264 and many other projects, like DVBlast, libDVDcss or VLMa.

ABOUT VLC

VLC is a free and open source cross-platform multimedia player and framework, that plays most multimedia files, medias and streaming protocols.

NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on our current expectations, and involve risks and uncertainties. Forward-looking statements contained herein include statements regarding the impact of a new customer on the implementation of a new service. Actual results may differ materially from those expressed or implied in such forward-looking statements due to various factors, including our ability to implement and execute the new service, attract new users and increase distribution of software through the service, and the risk factors identified in our Annual Report on Form 10-K for the fiscal year ended December 31, 2009 and our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2010. These documents are available at the Securities Exchange Commission website: www.sec.gov. All forward looking statements included in this press release are based upon information available to us as of the date hereof, and we do not assume any obligations to update such statements or the reasons why actual results could differ materially from those projected in such statements.

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