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LookSmart Reports Preliminary Fourth Quarter 2010 Results And Announces Restructuring Program

The statements presented in this press release speak only as of the date of the release. Please note that except as required by applicable law we undertake no obligation to revise or update publicly any forward-looking statements for any reason.

NOTE: "LookSmart" is a trademark of LookSmart, Ltd., and/or its subsidiaries in the U.S. and other countries. All other trademarks mentioned are the property of their respective owners.
CONTACT: Bill O'Kelly, Senior Vice President Operations and
         Chief Financial Officer
         415-348-7208
         bo'kelly@looksmart.net
         
         ICR, Inc.
         John Mills, Senior Managing Director
         310-954-1100
         john.mills@icrinc.com

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