SOURCE: OSTG

May 15, 2006 05:00 ET

Former COO of CNET Joins VA Software as Group President of OSTG

Media Veteran Rich Marino Tapped to Lead Largest Network of Technology Sites Featuring User-Generated Content *

FREMONT, CA -- (MARKET WIRE) -- May 15, 2006 -- VA Software Corporation (NASDAQ: LNUX) the online media, e-commerce and software leader in community-driven Open Source innovation, today announced the appointment of Rich Marino as Group President of its online media division, OSTG, Inc. (Open Source Technology Group). Marino comes to OSTG with more than 24 years of executive management, sales, marketing, and global operations experience with media organizations. As Group President, Marino will continue to accelerate the momentum at OSTG by managing the strategy, planning and operations for the network's top-ranked technology sites, including Slashdot.org, SourceForge.net, freshmeat.net, Linux.com, NewsForge.com, and ITManagersJournal.com.

"We are pleased to have a media veteran like Rich on board. OSTG has seen tremendous growth in unique visitor traffic over the past years, and Rich's experience and successful track record will be invaluable to the organization as we continue to position ourselves as the leader in technology media," said Ali Jenab, VA Software's president and CEO. "Rich drove significant growth at CNET, Ziff-Davis and IDG; we look forward to his contribution to OSTG and VA Software's growth in the future."

"OSTG has cracked the code for effectively disseminating quality user-generated content on a massive scale -- unlike any other media environment out there today," added Rich Marino. "SourceForge.net and Slashdot.org are invaluable to the technology community in part because they provide site visitors with a platform to publish their own experience and expertise. I believe that the demand for content such as this is only going to increase over time -- and OSTG is perfectly positioned to capitalize on this demand with both the audience and the marketers who need to reach that audience."

Most recently, Marino was CEO of Trinity Learning Corporation, where he oversaw overall operating results for 5 subsidiaries located both domestically and abroad. During his tenure as COO of CNET Networks, Inc., (NASDAQ: CNET) he was instrumental in the company's growth from $50 million to over $200 million in operating revenue. Marino also spent 10 years with IDG as President and CEO for the PC World Communications business unit. While with PC World, Marino was successful in growing the publication into the leading monthly magazine in its field with well over $100 million in annual revenues.

Marino's appointment comes at a time when OSTG is taking a leadership position in the online media marketplace: the network has seen record growth with a 6-time increase in unique visitor traffic since 2002 -- delivering more than 30 million unique visitors each month, according to Google Analytics. OSTG has also seen a significant increase in technology marketers and vendors purchasing the network's comprehensive, integrated advertising programs and its largely unduplicated audience of technology professionals. Top-tier technology companies, including AMD, IBM, HP, Oracle, Rackspace, Microsoft, Verizon, and Sun, rely on OSTG marketing channels to provide them with access to the rich community of technology influencers and consumers who visit the sites on a daily basis.

About OSTG, Inc.

OSTG, Inc. (Open Source Technology Group) is the cornerstone of the Open Source movement and the leading online network for IT managers and development professionals. OSTG's technology-focused sites include Slashdot.org, SourceForge.net, ITManagersJournal.com, NewsForge.com, Linux.com and freshmeat.net. OSTG also owns ThinkGeek, Inc., the leading retailer for innovative technology products. The OSTG network serves more than 270 million page views and over 30 million unique visitors a month*. For more information or to view the media kit online, visit www.ostg.com.

*Google Analytics, January 2006

VA Software Corporation (NASDAQ: LNUX), the leader in Open Source innovation with online media, software and e-commerce properties, is the parent company of OSTG, Inc. For company information, visit www.vasoftware.com.

Slashdot, freshmeat, ThinkGeek, and SouceForge.net are registered trademarks or trademarks of OSTG, Inc., in the United States and other countries. VA Software and OSTG are trademarks or registered trademarks of VA Software Corporation in the United States and other countries. All other trademarks or product names are property of their respective owners.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may vary materially from the expectations contained in the forward-looking statements. Forward-looking statements in this release include without limitation, statements regarding VA Software's and OSTG's commitment to accelerate the momentum at OSTG. These statements are not guarantees of future performance and actual results could differ materially from VA Software's or OSTG's current expectations. Factors that could cause or contribute to such differences include, but are not limited to: business considerations that may impact VA Software's commitment to further accelerate the momentum at OSTG, and other risks detailed in VA Software's registration statement and periodic reports filed with the Securities and Exchange Commission, including the risk factors sections of its Annual Report on Form 10-K for the fiscal year ended July 31, 2005 and Form 10-Q for the fiscal quarter ended January 31, 2006. As a result, actual results may vary, perhaps materially, from those contained in the forward-looking statements. All forward-looking statements included in this press release are based upon information available to VA Software and OSTG as of the date hereof, and VA Software and OSTG do not assume any obligation to update such statements or the reasons why actual results could differ materially from those projected in such statements.

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