SourceForge Launches New Open Source Software Development Forge

MOUNTAIN VIEW, Calif., July 14, 2010 (GLOBE NEWSWIRE) -- SourceForge, a Geeknet (Nasdaq:LNUX) website and the leading resource for open source software development and distribution, today announced it has launched its new forge development platform. The new forge is highly flexible and extendable, making software development more efficient.

Forges are an important part of how companies work with open source developers, providing an environment for collaborating on software design, writing code and exchanging ideas. SourceForge's new forge provides a completely redesigned set of tools, including: the issue tracker, wiki, source code management, and discussion system. In addition, the new forge offers considerable flexibility, by allowing developers to integrate and use third party tools directly on the platform.

"Our new forge was written from the ground up. Many of the new features and functionality we built are the result of input we received directly from the community," said Jeff Bates, VP, Products, Geeknet. "In addition to the redesigned tool set, the new platform also allows third parties to connect their own developer communities with the global open source development community on SourceForge."

Adobe Systems Incorporated has created Open@Adobe, the first instantiation of SourceForge's new platform. Open@Adobe is a site aggregating Adobe's openness programs, which includes source code hosting, such as the Adobe® Flex framework, and contributions from Adobe to standards organizations, as well as specifications. By utilizing SourceForge, Adobe benefits from SourceForge's new forge platform and large global community, while saving time and resources required to maintain a large repository of code and documentation.

"Working with SourceForge gives us the chance to tap the innovative energy of one of the world's largest open source communities," said Dave McAllister, director of Open Source and Standards at Adobe. "By aggregating the Open@Adobe technology and materials on the new platform, we give open communities and open source developers even better access to these resources through the ecosystem provided by SourceForge."

The SourceForge website currently hosts more than 267,000 open source software projects and facilitates nearly three million downloads each day.

For more information on the new forge, please visit sourceforge.net/blog

For more information on Open@Adobe, please visit sourceforge.net/adobe

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

(*June 2010 Unique Visitors 43.9M. Source: Google Analytics and Omniture) Geeknet, SourceForge, Slashdot, ThinkGeek, Ohloh and freshmeat are trademarks of Geeknet, Inc. All other trademarks or product names are the property of their respective owners.

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.
CONTACT:  Airfoil Public Relations          Media Contact:          Tracey Parry          (650) 691-7302          geeknet@airfoilpr.com          The Blueshirt Group           Investor Relations Contact:          Todd Friedman          Stacie Bosinoff          (415) 217-7722          ir@geek.net

Geeknet, Inc.

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