LoopNet’s Showcase Property Listings Are Now Distributed to More Than 100 Newspaper Websites, Including The New York Times, Los Angeles Times, Boston Globe, Chicago Tribune, Dallas Morning News and Miami Herald

– Delivering Up To Three Times the Exposure of Premium Listings –

SAN FRANCISCO, Nov. 14 /PRNewswire-FirstCall/ — LoopNet, Inc. (Nasdaq: LOOP), which operates the largest online commercial real estate marketplace, announced that all LoopNet Showcase Property Listings within the LoopNet.com marketplace now receive distribution on more than 100 online newspaper partner websites, including The New York Times, Los Angeles Times, Boston Globe, Chicago Tribune, Dallas Morning News and Miami Herald, dramatically increasing the exposure for these listings. These 100-plus newspaper websites are in addition to existing distribution agreements that LoopNet has with The Wall Street Journal’s RealEstateJournal.com, BizJournals.com and GlobeSt.com.

“We are thrilled to announce that LoopNet's Showcase Listings now receive exclusive distribution to an extensive collection of online newspaper and business publication websites, including The New York Times, Los Angeles Times and others. These distribution relationships are a valuable complement to our existing partnerships with The Wall Street Journal online and BizJournals. By combining the reach of LoopNet.com, the most highly trafficked commercial real estate website, and the online reach of these newspaper partners, LoopNet significantly enhances the marketing impact of its Showcase Property Listings,” said Thomas Byrne, LoopNet's Chief Marketing Officer.

“Showcase Property Listings now deliver up to triple the exposure of Premium Listings and 10 times the exposure of Basic Listings. These newspaper website partnerships continue to expand the unparalleled exposure and results available for LoopNet members.”

Showcase Property Listings are available exclusively to LoopNet Premium Listings. For more information on Showcase Listings, visit http://www.LoopNet.com/xNet/MainSite/PartnerNetwork.

In addition to the newspapers named above, LoopNet’s online newspaper distribution partners include:

    — International Herald Tribune
    — Atlanta Journal-Constitution
    — Houston Chronicle
    — Denver Post
    — Oakland Tribune
    — San Diego Union Tribune
    — Salt Lake Tribune
    — Las Vegas Review Journal
    — Star Tribune (Minneapolis)
    — Baltimore Sun
    — Sacramento Bee
    — Oklahoman
    — Pittsburgh Post Gazette
    — Tampa Tribune
    — Richmond Times Dispatch
    — Buffalo News
    — Sun-Sentinel (South Florida)
    — Commercial Appeal (Memphis)
    — Columbus Dispatch
    — San Antonio Express News
    — Winston-Salem Journal (NC)
    — Palm Beach Post
    — The News & Observer (NC)
    — News & Record (Greensboro, NC)
    — Orlando Sentinel
    — Naples News
    — The News Tribune (Tacoma)
    — Dayton Daily News
    — Lexington Herald-Leader (KY)
    — Island Packet (SC)
    — San Jose Mercury News
    — Florida Times Union
    — Knoxville News Sentinel

The LoopNet marketplace, available at http://www.LoopNet.com, covers all commercial property categories, including office, industrial, retail, multifamily (apartment properties for sale), hotel, land, specialty properties, and businesses for sale. At the end of September 2007, LoopNet had 2.4 million registered members and the LoopNet marketplace featured more than 535,000 commercial real estate listings, including more than $425 billion of property available for sale and 3.7 billion square feet of space for lease. According to comScore Media Metrix, LoopNet is the most heavily trafficked commercial real estate website, with 915,000 average monthly unique visitors in 2007.

About LoopNet

LoopNet, Inc. is the leading online marketplace for commercial real estate and businesses for sale in the United States. Our online marketplace enables commercial real estate agents, working on behalf of property owners and landlords, to list properties for sale or for lease by submitting detailed property listing information in order to find a buyer or tenant. Commercial real estate brokers, agents, buyers and tenants use the LoopNet online marketplace to search for available property listings that meet their commercial real estate criteria. By connecting the sources of commercial real estate supply and demand in an efficient manner, LoopNet enables commercial real estate participants to initiate and complete more transactions more cost-effectively than through other means. LoopNet also delivers technology and information services to commercial real estate organizations to manage their online listing presence and optimize property marketing.

LoopNet customers include virtually all of the top commercial real estate firms in the U.S., including CB Richard Ellis, Century 21 Commercial, Coldwell Banker Commercial, Colliers International, The CORE Network, Cushman & Wakefield, First Industrial Realty Trust, Grubb & Ellis, Lincoln Property Company, Marcus & Millichap, NAI Global, ONCOR International, Prudential CRES, RE/MAX, Sperry Van Ness, The Staubach Company and TCN Worldwide.

LoopNet also owns and operates BizBuySell.com, the largest and most heavily trafficked online exchange for businesses for sale in North America, with more business listings, users and search activity than any other website. BizBuySell also has the largest database of sale comparables for recently sold businesses.

Forward-Looking Statements

This release contains forward-looking statements regarding LoopNet's online commercial marketplace, our customers, our strategic alliances, the continuing adoption of the Internet to market and search for commercial real estate and the value we provide to our members. These statements are based on current information and expectations that are inherently subject to change and involve a number of risks and uncertainties. Actual events or results might differ materially from those in any forward-looking statement due to various factors, including, but not limited to, economic events or trends in the commercial real estate market or in general, our ability to continue to attract new registered members, convert them into Premium Members and retain such Premium Members, our ability to receive timely and accurate sales data from our partners, seasonality, our ability to manage our growth, our ability to introduce new or upgraded products or services and customer acceptance of such services, our ability to obtain or retain listings from commercial real estate brokers, agents and property owners, and competition from current or future companies. Additional information concerning factors that could cause actual events or results to differ materially from those in any forward-looking statement is contained in our filings with the Securities and Exchange Commission (SEC). Copies of filings made by us with the SEC are available on the SEC's website or at http://investor.LoopNet.com/sec.cfm. LoopNet does not intend to update the forward-looking statements included in this press release that are based on information available to us as of the date of this release.

SOURCE LoopNet, Inc.

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