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Matt Sweeney Joins Geeknet as Chief Revenue Officer

(April 05, 2010)

MOUNTAIN VIEW, Calif., April 5, 2010 (GLOBE NEWSWIRE) -- Geeknet, Inc. (Nasdaq:LNUX) the online network for the global geek community, today announced that Matt Sweeney has joined the company as Chief Revenue Officer, effective immediately.

"Matt joins us at a crucial time in our development, as the online media industry continues to evolve at an escalating pace," said Scott L. Kauffman, President and CEO of Geeknet. "Matt brings unique experience and proven skills that will enable us to execute against our ambitious media business goals."

Matt has more than 20 years of experience building and directing sales teams and operations within startups and growth companies. He joins Geeknet from Ziff Davis Enterprise (ZDE), where he was President, Sales and Marketing. During his time there, he successfully restructured the sales organization, consistently grew revenue and led efforts to reposition the company as a media and marketing services organization. Before joining ZDE, Matt was President and Chief Executive Officer of Computerworld and InfoWorld for IDG. During his time at IDG, he was an advocate of continual innovation, which included the launch of the digital marketing sites, and In addition, he spearheaded IDG's first efforts in the Ad Network space. Prior to assuming the CEO role, Matt served as Executive Vice President/Publisher and Vice President/Associate Publisher.

Prior to IDG, Matt launched CIO Insight Magazine for Ziff Davis Media as National Associate Publisher, and managed more than $30M in print and online sales for PC Magazinethe largest computer publication in the world. Before Ziff Davis, Matt held positions at a variety of Internet and media companies including RealNames, Idealab!, Mac Publishing, Fairchild Publications and Meredith Corporation. Matt holds a Bachelor of Science Degree in Marketing from Merrimack College.

"I've admired Geeknet's elite network and audience from afar for many years and I'm thrilled to now be part of the company, their innovation and their vision," said Sweeney. "I look forward to playing a significant role in helping drive Geeknet's revenue growth."

About Geeknet

Geeknet is the online network for the global geek community. Our sites include SourceForge, Slashdot, ThinkGeek, Ohloh and freshmeat. We serve an audience of more than 40 million users* each month and provide the tech-obsessed with content, culture, connections, commerce, and all the things that geeks crave. Want to learn more? Check out

 (*January 2010 Unique Visitors 43.8M. Source: Google Analytics and Omniture)

Geeknet is a trademark of Geeknet, Inc. SourceForge, Slashdot, ThinkGeek, Ohloh and freshmeat are registered trademarks of Geeknet, Inc. in the United States and other countries. All other trademarks or product names are the property of their respective owners.

NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on our current expectations, and involve risks and uncertainties. Forward-looking statements contained herein include statements regarding the appointment of the Chief Revenue Officer, his capabilities and experience, and the strength of Geeknet Inc.'s management team. Actual results may differ materially from those expressed or implied in such forward-looking statements due to various factors, including our ability to attract and retain qualified personnel and the risk factors identified in our Annual Report on Form 10-K for the fiscal year ended December 31, 2009. These documents are available at the Securities Exchange Commission website: All forward looking statements included in this press release are based upon information available to us as of the date hereof, and we do not assume any obligations to update such statements or the reasons why actual results could differ materially from those projected in such statements.

CONTACT: Airfoil Public Relations
Media Contact:
Tracey Parry
(650) 691-7302
[email protected]

The Blueshirt Group for Geeknet, Inc.
Investor Relations Contact:
Todd Friedman
Stacie Bosinoff
(415) 217-7722
[email protected]

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