| What does the Company do? |
| We provide an online marketplace that efficiently connects commercial real estate supply and demand. We are the leading online marketplace for commercial real estate in the United States, based on the unique monthly visitors according to comScore Media Metrix and on the number of registered members. Our online marketplace, available at www.LoopNet.com, enables commercial real estate agents, working on behalf of property owners and landlords, to list properties for sale or for lease by submitting detailed property listing information in order to find a buyer or tenant. |
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| What does LoopNet, Inc. sell? |
| We offer two types of memberships on the LoopNet online marketplace. Basic membership is available free-of charge, and enables members to experience some of the benefits of the LoopNet offering, with limited functionality. LoopNet Premium Membership is available for a monthly subscription fee and provides enhanced marketing exposure for property listings and full access to LoopNet property listings as well as numerous other features. In addition to our primary LoopNet offering, we also operate BizBuySell, the leading online marketplace for operating businesses for sale. Additional product information can be found at http://www.loopnet.com/Products. |
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| Who are LoopNet, Inc.'s customers? |
| Commercial real estate brokers, agents, buyers and tenants use the LoopNet online marketplace to search for available property listings that meet their commercial real estate criteria. Business sellers pay a fee to list their operating businesses, and interested buyers can search our listings for free. |
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| How many members did LoopNet, Inc. have as of March 31, 2009? |
| As of March 31, 2009, we had more than 3.4 million registered members and 74,329 premium members. |
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| What exchange does LoopNet, Inc. trade on and what is its symbol? |
| LoopNet, Inc. trades on the NASDAQ Global Market under the ticker symbol LOOP. |
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| What year and where was LoopNet, Inc. incorporated? |
| We were incorporated in the State of California on June 2, 1997, under the name Loop Ventures, Inc. We changed our name to LoopNet, Inc. on November 3, 1998. Prior to Loop Ventures, Inc., we operated as a limited liability company known as Loop Ventures, LLC. On July 13, 2001, we merged with PropertyFirst.com, Inc., which we refer to as PropertyFirst, with LoopNet, Inc. being the surviving company. On May 30, 2006, we reincorporated in the State of Delaware. |
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| Where is LoopNet, Inc.'s corporate headquarters located? |
185 Berry Street, Suite 4000
San Francisco, CA 94107
Phone 415-243-4200
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| When is the Company's fiscal year end? |
| LoopNet, Inc.'s fiscal year ends December 31. |
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| When was the Company's initial public offering? At what price? |
| On June 6, 2006 LoopNet, Inc. priced 6,000,000 shares at $12.00 per share. |
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| Who were LoopNet, Inc.'s underwriters for its IPO? |
| Credit Suisse acted as the lead manager, with Thomas Weisel Partners, LLC, Pacific Crest Securities, and Pacific Growth Equities, LLC acting as co-managers. |
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| What were the IPO proceeds to LoopNet, Inc. |
| Total net proceeds to LoopNet were $42.1 million, after deducting underwriting discounts and commissions and estimated offering expenses. |
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| Does LoopNet, Inc. have a Direct Stock Purchase Program? |
| No, we do not offer a direct purchase plan for our common stock. |
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| Does LoopNet, Inc. offer a Dividend Reinvestment Plan? |
| No, we do not offer a Dividend Reinvestment Plan for our shareholders. |
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| How can I purchase LoopNet, Inc.'s common stock? |
| Currently, LoopNet, Inc. does not have the ability to sell shares directly to you. You may purchase shares of LoopNet, Inc. stock through your registered representative. |
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| Who is the transfer agent for LoopNet, Inc.? |
The transfer agent is:
Computershare Trust Company, Inc.
350 Indiana Street, Suite 800
Golden, CO 80401
Phone number:
Dan Konecny
303-262-0703 |
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| How can I find out how many shares of LoopNet, Inc. stock I own? |
| The Company does not have access to individual account information. To learn more about your holdings, please contact either your registered representative or the Company's Transfer Agent at the address or telephone number above. |
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| Whom do I contact regarding a lost stock certificates or a change of address? |
| Please contact LoopNet, Inc.'s transfer agent at the address or telephone number above |
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| How do I transfer my stock or change my address? |
| If your shares are held through our Transfer Agent, Computershare Trust Company, Inc. you must contact them at 303-262-0600. Written notification should include the stockholder's name as stated on the certificate, the new address, the tax identification number and the certificate numbers. Otherwise, contact your registered representative.
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| Who are LoopNet, Inc.'s auditors? |
| Ernst & Young, LLP |
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| What is LoopNet, Inc.'s CUSIP number? |
| LoopNet, Inc.' CUSIP number is 543524-30-0. |
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| How can I request information about LoopNet, Inc.? |
| You may request additional information via the Request for Information page at http://investor.loopnet.com/investorkit.cfm or by contacting the Company's investor relations firm, Sapphire Investor Relations at 415-284-4310 or via http://investor.loopnet.com/contactus.cfm. |
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| How can I contact Investor Relations? |
Derek Brown
LoopNet, Inc.
VP, Investor Relations & Corporate Planning
185 Berry Street, Suite 4000
San Francisco, CA 94107
http://investor.loopnet.com/contactus.cfm
IR voice mail box number is 415-284-4310
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