| FOR IMMEDIATE RELEASE |
| CONTACT |
| Ann Parker, Director |
| Corporate Communications & IR |
| 605-988-1000 |
|
LODGENET TO PROVIDE UPDATE
ON INTEGRATION OF RECENT ACQUISITIONS AND FINANCIAL
OUTLOOK
SIOUX FALLS, SD, June 18, 2007 – LodgeNet Entertainment Corporation (NASDAQ: LNET)
announced today that it will provide investors with an update on its recent
acquisitions of StayOnline and On Command, as well as provide financial
guidance through 2008 on Tuesday, June 19th.
The company will host a teleconference on June 19,
2007 at 9:00 A.M. Eastern Time. To
access the teleconference, please dial 800-860-7510 and use conference code
4207821.A live webcast of the teleconference will also be
available via InterCall at http://audioevent.mshow.com/333645/. The webcast will be
archived at that site for one month and can be accessed via LodgeNet’s company
website at www.lodgenet.com. If you cannot listen to the teleconference at
its normal time, there will also be a replay available for one week following
the call, and can be accessed by dialing 800-642-1687 or 706-645-9291, passcode
4207821.
AS A
PARTICIPANT IN THE CONFERENCE CALL, PLEASE NOTE THE FOLLOWING:
The
securities laws provide us the opportunity to more freely disclose
forward-looking statements, as long as we make the following remarks:
In the prepared remarks, as well as in response to
your questions, management may make forward–looking statements. It should be understood that all such
statements are subject to various uncertainties and risks that could affect
their outcome. Factors which could cause
or contribute to such differences include, but are not limited to,
the effects of economic conditions;
supply and demand changes for hotel rooms and LodgeNet products and services;
competitive conditions in the lodging industry; technological developments;
relationships with clients and property owners; potential effects of
litigation; the impact of government regulations; and the availability of
capital to finance growth, any of which could cause actual results to differ
materially from those expressed in or implied by the statements made in the
conference call.
About LodgeNet
LodgeNet Entertainment Corporation is the leading provider
of media and connectivity services designed to meet the unique needs of
hospitality, healthcare and other visitor and guest-based
businesses. LodgeNet serves more than 1.8 million hotel rooms representing
9,300 hotel properties worldwide in addition to healthcare facilities
throughout the
United States. LodgeNet’s services include on demand movies, games,
television programming, music and information, along with subscription sports
programming and high-speed Internet access. LodgeNet Entertainment
Corporation owns and operates businesses under the industry leading
brands: LodgeNet, LodgeNetRX, On Command and StayOnline. LodgeNet is
listed on NASDAQ and trades under the symbol LNET. For more information,
please visit www.lodgenet.com.
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