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LookSmart, Ltd. Board of Directors Under Investigation by Glancy Binkow & Goldberg LLP

Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of LookSmart, Ltd. (“LookSmart” or the “Company”) (NASDAQ: LOOK) related to a tender offer by PEEK Investments. In reaction to the tender offer, the Company’s Board of Directors has issued a shareholder rights plan, also known as a “poison pill,” in order to prevent the implementation of the tender offer. This investigation concerns the Board of Directors’ process for consideration of the tender offer, and whether LookSmart is acting in its shareholders’ best interests.

If you are a shareholder of LookSmart, if you have information or would like to learn more about our investigation, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to shareholders@glancylaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts:

Glancy Binkow & Goldberg LLP
Louis Boyarsky, Esquire
(310) 201-9150
Toll Free: (888) 773-9224
shareholders@glancylaw.com

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