LookSmart Announces Appointment of Jean-Yves Dexmier as Executive Chairman of Board of Directors

November 2, 2009 4:05 PM EST

SAN FRANCISCO, Nov. 2, 2009 (GLOBE NEWSWIRE) -- LookSmart, Ltd. (Nasdaq: LOOK), an online search advertising network solutions company, today announced the appointment of Jean-Yves Dexmier as Executive Chairman of the Board of Directors. Dr. Dexmier succeeds Mark Sanders, who will remain on the Company's Board of Directors and serve on the Audit Committee and as Chair of the Compensation Committee.

Dr. Dexmier has served on the Company's Board of Directors since April of 2007. Dr. Dexmier brings over thirty years of executive leadership experience within the technology industry including, most recently, as Chief Financial Officer of Openwave, Chief Executive Officer of Agentis Software, Chief Executive Officer and Chief Financial Officer of Informix Software, and Chief Financial Officer of Octel Corporation.

"Jean-Yves has become an invaluable resource to LookSmart during his tenure on our Board as both the Chair of the Audit and Strategic Direction committees," commented Ted West, President and Chief Executive Officer. "I look forward to working closely with him in his increased engagement as Executive Chairman."

About LookSmart, Ltd.

LookSmart is an online search advertising network solutions company that provides performance solutions for online search advertisers and online publishers. LookSmart offers advertisers targeted, pay-per-click (PPC) search advertising and contextual search advertising via its Advertiser Networks; and an Ad Center platform for customizable private-label advertiser solutions for online publishers. LookSmart is based in San Francisco, California. For more information, visit www.looksmart.com or call 415-348-7500.

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:  LookSmart, Ltd.
          Ted West, Chief Executive Officer and President
            twest@looksmart.net
          Steve Markowski, Chief Financial Officer
            415-348-7206
            smarkowski@looksmart.net

          ICR, Inc.
          Laura Foster
          310-954-1100
          laura.foster@icrinc.com


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