LOOPNET INC : Holzer Holzer & Fistel, LLC Announces Investigation into the Proposed Buyout of LoopNet, Inc.

Holzer Holzer & Fistel, LLC is investigating whether the directors of LoopNet, Inc. ("LoopNet") (NASDAQ: LOOP) complied with their fiduciary duties in approving the proposed acquisition of the company by CoStar Group, Inc. According to LoopNet's announcement, if the deal closes LOOP shareholders will receive $16.50 and 0.03702 shares of CoStar for each share of LOOP owned. The investigation seeks to determine, among other things, whether the consideration to be paid to LoopNet shareholders is fair and adequate.

Current holders of LoopNet common stock with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at [e-mail], or [e-mail], or via toll-free telephone at [phone].

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.

Holzer Holzer & Fistel, LLC
Michael I. Fistel, Jr., Esq., [phone] (toll-free)
[e-mail]
or
Marshall P. Dees, Esq., [phone] (toll-free)
[e-mail]