Please replace the release with the following corrected version due to
minor revision.
The corrected release reads:
LOCAL.COM ANNOUNCES 2009 ANNUAL MEETING RESULTS
Local.com
Corporation (NASDAQ: LOCM), a leading local search site and network,
today announced the results of its 2009 Annual Meeting of Stockholders.
The meeting was held earlier today at the offices of Rutan & Tucker, LLP
in Costa Mesa, California.
During the meeting, stockholders elected Theodore Lavoie and John
Rehfeld as Class II members of the company’s Board of Directors for a
three-year term expiring in 2012. Local.com stockholders also ratified
the appointment of Haskell & White LLP to serve as the company's
independent registered public accounting firm for the fiscal year ending
December 31, 2009.
Stockholders also approved an amendment to the company’s Amended and
Restated Certificate of Incorporation to increase its authorized shares
of stock from 40,000,000 to 75,000,000 and the number of authorized
shares of common stock, par value $0.00001 per share (the “Common
Stock”) from 30,000,000 to 65,000,000 as described in the related proxy.
Finally, Local.com stockholders approved an amendment to the company’s
2008 Equity Incentive Plan (the “Plan”) to increase the maximum
aggregate number of shares of Common Stock which may be issued under the
Plan from 1,000,000 to 3,000,000 as described in the related proxy.
The proxy can be accessed through the investor relations section of the
Local.com corporate website at: http://ir.local.com.
About Local.com®
Local.com (NASDAQ: LOCM) owns and operates a leading local search site
and the largest private label, local search network in the United
States. The company uses patented technologies to provide over 20
million consumers each month with the most relevant search results for
local businesses, products and services on Local.com and over 700
regional media sites. Businesses can target ready-to-purchase consumers
using a variety of advertising products. To advertise, or for more
information visit: www.local.com.
Media and Investor Relations Contact:
Local.com
Cameron
Triebwasser, 949-789-5223
ctriebwasser@local.com
