June 10, 2008 16:35 ET

SourceForge Schedules Investor Update Conference Call

MOUNTAIN VIEW, CA--(Marketwire - June 10, 2008) - SourceForge, Inc. (NASDAQ: LNUX), the leader in IT community-driven media and e-commerce, today announced that it will host a conference call and Q&A session for investors and analysts on Wednesday, June 11, 2008 at 5:30 am PT / 8:30 am ET.

Management will discuss aggressive steps to be taken that will accelerate growth of its core Internet properties, as outlined in a press release issued by the company under separate cover today.

Live Teleconference Details:
Toll Free Access: 1-877-407-0782
International Access: 1-201-689-8567

Replay Teleconference Details:
Toll Free Access: 1-877-660-6853
International Access: 1-201-612-7415
Replay A/C: 286 - ID: 288303

A live web cast audio link as well as all press releases will be made available in the Investor Relations section of the company's corporate web site at http://ir.corp.sourceforge.com. A replay of both the teleconference and audio web cast will be available for 90 days.

About SourceForge, Inc.

SourceForge's media and e-commerce web sites connect millions of influential technology professionals and enthusiasts each day. Combining user-developed content, online marketplaces and e-commerce, SourceForge is the global technology community's nexus for information exchange, goods for geeks, and open source software distribution and services. SourceForge's network of web sites serves more than 32 million unique visitors each month* and includes: SourceForge.net, Slashdot, ThinkGeek, Linux.com, freshmeat.net, and ITManagersJournal. For more information or to view the media kit online, visit www.sourceforge.com. (*Source: Google Analytics and Omniture, April 2008.)

SourceForge, SourceForge.net, Slashdot, freshmeat, and ThinkGeek are registered trademarks of SourceForge, Inc. in the United States and other countries. All other trademarks or product names are 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 management's current expectations, and involve risks and uncertainties. Forward-looking statements contained herein include statements regarding growth strategies and prospects for SourceForge's 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: SourceForge's ability to attract and retain qualified personnel; success in designing and offering innovative online advertising programs; decreases or delays in online advertising spending; SourceForge's ability to achieve and sustain higher levels of revenue; SourceForge's ability to protect and defend its intellectual property rights; rapid technological and market change; unforeseen expenses that SourceForge may incur in future quarters; and competition with, and pricing pressures from larger and/or more established competitors. Investors should consult SourceForge's filings with the Securities and Exchange Commission, www.sec.gov, including the risk factors sections of its Annual Report on Form 10-K/A for the fiscal year ended July 31, 2007, and the Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2008, for further information regarding these and other risks of SourceForge's business. All forward-looking statements included in this press release are based upon information available to SourceForge as of the date hereof, and SourceForge does not assume any obligations to update such statements or the reasons why actual results could differ materially from those projected in such statements.