April 5, 2011

Geeknet Appoints Carol DiBattiste as Executive Vice President, General Counsel and Chief Administrative Officer

FAIRFAX, Va., April 5, 2011 (GLOBE NEWSWIRE) -- Geeknet, Inc. (Nasdaq:GKNT), the online network for the global geek community, today announced that it has named Carol DiBattiste as Executive Vice President, General Counsel and Chief Administrative Officer. Her responsibilities will also include managing the Company's Human Resources function.

Ms. DiBattiste has previously held a number of senior level private and public sector positions. Most recently, she was Senior Vice President — Privacy and Security at Reed Elsevier, Inc., the parent company of LexisNexis. Prior to that, she was General Counsel and Chief Privacy Officer at ChoicePoint, which was acquired by Reed Elsevier in 2008. Her public service has included executive roles as Under Secretary of the Air Force, Deputy Administrator at the Transportation Security Administration, principal Deputy General Counsel of the Navy, Deputy United States Attorney for the Southern District of Florida, and Director of the Executive Office for United States Attorneys at the Department of Justice. She also served on active duty in the Air Force.

"We are thrilled to welcome Carol to the executive team," said Ken Langone, Chairman of the Board of Directors, Geeknet. "I have had the pleasure of working with Carol in the past and have first-hand knowledge of her great talents and abilities. Carol's breadth of experience will be a great asset as we continue to execute against our strategic initiatives to grow the business."

About Geeknet, Inc.

Geeknet is the online network for the global geek community. Our sites include SourceForge, Slashdot, ThinkGeek, and freshmeat. We serve an audience of over 54 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 geek.net.

(*March 2011 Unique Visitors 54.3M. Source: Google Analytics and Omniture)

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

The Geeknet, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7330

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 growth prospects for our online media and e-commerce businesses. Actual results may differ materially from those expressed or implied in such forward-looking statements due to various factors, including: benefits from the move of our corporate headquarters and the ability to grow revenues and profitability. Investors should consult our filings with the Securities and Exchange Commission, sec.gov, including the risk factors section of our Annual Report on Form 10-K for the year ended December 31, 2010, for further information regarding these and other risks of our business. 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: Investor Relations Contact:

         The Blueshirt Group

         Todd Friedman, todd@blueshirtgroup.com

         Stacie Bosinoff, stacie@blueshirtgroup.com

         Phone: (415) 217-7722


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