InfoSpace (INSP) Adjourns Annual Meeting of Stockholders

May 11, 2009 2:15 PM EDT

InfoSpace, Inc (NASDAQ: INSP) announced today that its Annual Meeting of Stockholders, which was convened on May 11, 2009, was adjourned to June 4, 2009 at 1:00 p.m., local time, at InfoSpace's offices located at 601 108th Avenue NE, Suite 1200, Bellevue, Washington 98004.

As discussed in the Proxy Statement distributed to stockholders on or about March 31, 2009, the stockholders of InfoSpace were scheduled to vote upon a proposal to amend InfoSpace's Amended and Restated Certificate of Incorporation to implement transfer restriction provisions designed to protect InfoSpace's valuable Net Operating Losses. A significant number of InfoSpace's stockholders failed to return their proxy cards or otherwise indicate their votes with respect to this proposal prior to the start of the Annual Meeting. In order to pass, this proposal must be approved by holders of at least a majority of InfoSpace's outstanding voting shares, and as a result, abstentions and non-votes have the same effect as votes against the proposal.

InfoSpace, Inc. (InfoSpace) develops search tools and technologies that assist consumers with finding content and information on the Internet.[SM]


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