Geeknet, Inc. Announces Final Results of Self Tender Offer

Geeknet, Inc.

today announced the final results of its previously announced modified "Dutch auction" tender offer to purchase up to 400,000 shares of its common stock, which expired at 12:00 Midnight, New York City time, on July 15, 2013. Geeknet has accepted for purchase a total of 53,884 shares of its common stock, representing approximately 0.81% of its outstanding shares, at a price of $14.00 per share. Payment for the shares accepted for purchase under the tender offer will be made promptly, at a total cost to Geeknet of approximately $754,376, excluding fees and expenses relating to the tender offer. Geeknet expects to have approximately 6,604,615 shares of its common stock outstanding immediately following consummation of the tender offer. (Logo: http://photos.prnewswire.com/prnh/20120510/MM05555LOGO) Geeknet may purchase additional shares in the future in the open market subject to market conditions and private transactions, tender offers or otherwise. Under applicable securities laws, however, Geeknet may not repurchase any shares until July 29, 2013. Whether Geeknet makes additional repurchases in the future will depend on many factors, including the number of shares purchased in this tender offer, its business and financial performance and situation, the business and market conditions at the time, including the price of the shares, and other factors the company considers relevant. Computershare Trust Company, N.A. is the depositary for the tender offer, and Georgeson Inc. is the information agent. Questions regarding the tender offer should be directed to the information agent at (866) 482-5026 (toll free) or (800) 223-2064 (banks and brokers). About Geeknet, Inc. ThinkGeek, a wholly owned subsidiary of Geeknet, Inc.

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