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LoopNet to Announce Third Quarter 2009 Financial Results on October 28, 2009, After Market Close

LoopNet, Inc. (NASDAQ:LOOP), the leading online marketplace for commercial real estate and businesses for sale in the United States, will report third quarter 2009 financial results on Wednesday, October 28, 2009, following the market close. The Company will hold a conference call to discuss these results at 1:30 p.m. PDT / 4:30 p.m. EDT on that same day.

To participate in the conference call, please dial (888) 419-5570 within the United States, or (617) 896-9871 from outside the United States, and enter pass code number 36051578. Please dial-in five minutes early to avoid excess holding. Investors may also access a live audio web cast of this conference call on the investor relations section of the Company's website at http://investor.loopnet.com/events.cfm.

An audio replay of the conference call will also be available approximately two hours after the conclusion of the call and can be accessed by dialing (888) 286-8010 within the United States, or (617) 801-6888 internationally, and entering pass code number 39573798. The audio replay will remain available for three days. A replay of the webcast will be available on the investor relations section of the Company's website approximately two hours after the conclusion of the call and remain available for 30 calendar days.

About LoopNet, Inc.

LoopNet, Inc. is the leading online marketplace for commercial real estate and businesses for sale in the United States. The LoopNet.com 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 transactions more cost-effectively. 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 and organizations in the U.S., including CB Richard Ellis, CCIM, Century 21 Commercial, Coldwell Banker Commercial, Colliers International, The CORE Network, CORFAC International, Cushman & Wakefield, First Industrial Realty Trust, Grubb & Ellis, Jones Lang LaSalle, Lee & Associates, Lincoln Property Company, Marcus & Millichap, NAI Global, ONCOR International, ProLogis, Prudential CRES, RE/MAX, Retail Brokers Network, SIOR, Sperry Van Ness, and TCN Worldwide.

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