Court Approval Granted for Settlement Agreement in InfoSpace Stockholder Derivative Case

InfoSpace, Inc. (NASDAQ: INSP) today announced that the King County Superior Court has granted approval of the settlement agreement described in, and attached to, the Current Report on Form 8-K filed by the Company on September 17, 2010, for the stockholder derivative lawsuit brought by Anne D. Manos and James N. Mercer against certain current and former officers and directors of InfoSpace. If there are no appeals of this approval, InfoSpace will receive payment of the settlement proceeds, minus certain attorneys' fees and expense reimbursements, pursuant to the terms of the settlement agreement. However, if the Court’s approval is appealed, then funding will not occur during the pendency of the appeal. There can be no assurance that the final settlement will be obtained or that InfoSpace will receive any proceeds from the settlement until after the appeal deadline has expired without an appeal, or until all appeals, if any, are favorably concluded.

About InfoSpace, Inc.

InfoSpace, Inc., a leading developer of metasearch products, is focused on bringing the best of the Web to Internet users. InfoSpace's proprietary metasearch technology combines the top results from several of the largest online search engines, providing fast and comprehensive search results. InfoSpace sites include Dogpile® (www.dogpile.com), DoGreatGood™ (www.dogreatgood.com), InfoSpace.com® (www.infospace.com), MetaCrawler® (www.metacrawler.com), WebCrawler® (www.webcrawler.com), and WebFetch® (www.webfetch.com). InfoSpace's metasearch technology is also available on nearly 100 partner sites, including content, community, and connectivity sites. InfoSpace also owns an innovative online search engine optimization tool, WebPosition® (www.webposition.com). In addition, the Company operates an e-commerce channel that includes a collection of more than 200 specialty retail stores under the Mercantila® (www.mercantila.com) brand. More information may be found at www.infospaceinc.com.

InfoSpace.com, InfoSpace, Dogpile, DoGreatGood, MetaCrawler, WebCrawler, WebFetch, Mercantila, and other marks are trademarks of InfoSpace, Inc. The names of other companies and products mentioned herein may be the trademarks of their respective owners.

This press release contains forward-looking statements that are based on management's expectations, estimates, and assumptions. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results may differ materially from what is forecast in forward-looking statements due to a variety of factors, including, without limitation: unexpectedly high fees and expenses from other attorneys and experts that the Company has an obligation to pay; a decision by the court to reject the settlement on appeal; or any other event that could result in the ligation resuming. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. InfoSpace undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this press release.