Press Releases

November 5, 2013 |  Westlake Village, CA

ValueClick, Inc. (NASDAQ: VCLK) today announced that it intends to

pursue the divestiture of its Owned & Operated Websites ("O&O") segment.

"While we have a strong set of businesses within our O&O segment, we

have concluded that they do not align with our ‘One ValueClick' strategy

of leveraging our broad set of unique data assets and differentiated

technology platforms to connect consumers and brands through

personalized one-to-one marketing at scale," said
John Giuliani,

president and chief executive officer of ValueClick. "Being able to

focus entirely on our core Media and Affiliate Marketing segments, which

together currently represent more than 90% of our profitability, will

allow us to direct management attention and capital resources to better

serve our clients, employees and shareholders."

In connection with the divestiture decision, ValueClick has reclassified

the O&O segment's operating results as discontinued operations beginning

with ValueClick's third quarter 2013 financial results being reported

later today. ValueClick's historical financial results have been recast

to conform with the current presentation of the O&O segment as

discontinued operations. The revised presentation of the Company's

historical financial results is available in downloadable Excel format

on ValueClick's Investor Relations website located at http://ir.conversantmedia.com/.

ValueClick will continue to operate the O&O segment during the process

of pursuing a sale, with no anticipated changes to day-to-day

operations. ValueClick's O&O segment, based in Monrovia, Calif. and with

operations throughout Europe and Asia, operates a broad range of popular

content and ecommerce websites including Investopedia, PriceRunner,

Smarter.com, SymptomFind and CouponMountain.com.

"We operate world-class brands such as Investopedia and PriceRunner that

provide unique and important information to more than 40 million highly

engaged consumers each month," said
Steve Neufer, president of

ValueClick's O&O segment. "I look forward to working with our more than

250 employees, thousands of direct advertisers and key strategic

partners around the world as we find a new home for our great assets."

ValueClick has retained Wells Fargo Securities, LLC as its financial

advisor in connection with the potential divestiture.

About ValueClick

ValueClick, Inc. (NASDAQ: VCLK) is one of the world's largest digital

marketing companies. Through a unique combination of data, technology

and services, ValueClick increases brand awareness and drives customer

acquisition at scale for the world's largest advertisers, and maximizes

advertising revenue for tens of thousands of online and mobile

publishers. The Company is based in Westlake Village, California, and

has offices in major advertising markets worldwide. For more

information, please visit www.valueclick.com.

This release contains forward-looking statements that involve risks

and uncertainties, including, but not limited to, the risk that market

demand for on-line advertising in general, and performance based on-line

advertising in particular, will not grow as rapidly as predicted, and

the risk that legislation and governmental regulation could negatively

impact the Company's performance. Actual results may differ materially

from the results predicted, and reported results should not be

considered an indication of future performance. Important factors that

could cause actual results to differ materially from those expressed or

implied in the forward-looking statements are detailed under "Risk

Factors" and elsewhere in filings with the Securities and Exchange

Commission made from time to time by ValueClick, including, but not

limited to: its annual report on Form 10-K filed on February 27, 2013;

recent quarterly reports on Form 10-Q; and other current reports on Form

8-K.

ValueClick, Inc.
Erik Randerson, CFA
818-575-4540
eranderson@valueclick.com

Source: ValueClick, Inc.

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