Geeknet Appoints Matthew C. Blank to Its Board of Directors

FAIRFAX, Va., Feb. 1, 2011 (GLOBE NEWSWIRE) -- Geeknet, Inc. (Nasdaq:GKNT), the
online network for the global geek community, today announced that it has
appointed Matthew C. Blank, the Chairman and Chief Executive Officer at Showtime
Networks, as a member of its board of directors, effective as of January 31,
2011.

During Matt's tenure at Showtime, he helped transform Showtime Networks into one
of the most successful in the industry, launching many critically acclaimed
series. Active in numerous industry organizations, Matt serves on the boards of
the National Cable Television Association (NCTA), the Cable Center and the
Creative Coalition. Before joining Showtime, Matt worked for Home Box Office
Inc. for 12 years, departing as Senior Vice President of Consumer Marketing. A
graduate of the University of Pennsylvania's Wharton School of Business, Matt
also holds an M.B.A. from Baruch College.

"We are ecstatic to have Matt join the board. His experience in entertainment
will be a great resource for both ThinkGeek, our electronic commerce business,
and our Media business. Matt's three decades in cable television made a
significant and indelible mark on that industry and I look forward to his
insight to help grow Geeknet," said Ken Langone, Executive Chairman, Geeknet.

About Geeknet, Inc.

Geeknet is the online network for the global geek community. Our sites include
SourceForge, Slashdot, ThinkGeek, and freshmeat. We serve an audience of nearly
55 million users* each month and provide the tech-obsessed with content,
culture, connections, commerce, and all the things that geeks crave. Want to
learn more? Check out geek.net.

(*December 2010 Unique Visitors 54.8M. Source: Google Analytics and Omniture)

Geeknet is a trademark of Geeknet, Inc. SourceForge, Slashdot, ThinkGeek, and
freshmeat are trademarks of Geeknet, Inc. in the United States and other
countries. All other trademarks or product names are property of their
respective owners.

The Geeknet, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7330

CONTACT: Investor Relations Contact:
The Blueshirt Group
Todd Friedman, todd@blueshirtgroup.com
Stacie Bosinoff, stacie@blueshirtgroup.com
(415) 217-7722