LoopNet, Inc. (NASDAQ:LOOP), a leading provider of commercial real estate marketing and technology solutions, and operator of the most heavily trafficked commercial real estate marketplace, will report third quarter 2011 financial results on Wednesday, October 26, 2011, following the market close. The Company will not be hosting a conference call in conjunction with this earnings release.

About LoopNet, Inc.

LoopNet, available at http://www.LoopNet.com, operates the most heavily trafficked commercial real estate marketplace online with more than five million registered members and 2.6 million unique monthly visitors as reported by Google Analytics. LoopNet also now offers one of the largest commercial property databases with more than 25 million commercial property records.

The LoopNet marketplace covers all commercial property categories, including office, industrial, retail, multifamily (apartment properties for sale), hotel, land, specialty properties, investment properties and businesses for sale. As of June 30, 2011, the LoopNet marketplace featured more than $450 billion of property available for sale and 6.7 billion square feet of space for lease.

LoopNet customers include virtually all of the top commercial real estate firms in the U.S., including Apartment Realty Advisors, Cassidy Turley, CB Richard Ellis, Coldwell Banker Commercial, Colliers International, Cushman & Wakefield, Grubb & Ellis, Jones Lang LaSalle, Lincoln Property Company, NAI Global, Newmark Knight Frank, The Shopping Center Group and Sperry Van Ness.

LoopNet, Inc.
Brent Stumme, Chief Financial Officer, 415-284-4310
Derek Brown, VP, Investor Relations & Corporate Planning, 415-284-4310