PEEK Investments LLC today
announced that, as requested by a number of shareholders of LookSmart, Ltd.
LOOK and after discussions with the Lead Independent Director of
LookSmart, PEEK has extended its third-party tender offer to purchase all of
the outstanding shares of common stock of LookSmart for $1.00 per share in
cash. As extended, the tender offer is currently scheduled to expire at 12:00
midnight, New York City time, on August 24, 2012. The tender offer was
previously scheduled to expire at 12:00 midnight, New York City time, on
August 10, 2012.
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