FOR IMMEDIATE RELEASE
CONTACT
Ann Parker, Director
Corporate Communications & IR
605-988-1000
ann.parker@lodgenet.com

 

LODGENET ENTERTAINMENT CORPORATION Q3/2007 EARNINGS RELEASE AND TELECONFERENCE ANNOUNCEMENT


SIOUX FALLS, SD, October 23, 2007 – LodgeNet Entertainment Corporation (NASDAQ: LNET) announced today that it will release 3rd Quarter 2007 financial results after market hours on Tuesday, October 30, 2007.

The company will also host a teleconference to discuss its results October 30, 2007 at 5:00 P.M. Eastern Time.  To access the teleconference, please dial 800-860-7510 and use conference code 21329535. A live webcast of the teleconference will also be available via InterCall at http://audioevent.mshow.com/338164/ 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 two weeks following the call, and can be accessed by dialing 800-642-1687 or 706-645-9291, passcode 21329535.

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 statement:
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.  With respect to any acquisition, we are subject to risks that integration costs will exceed expectations, that synergies we anticipate will not be realized, or will take longer than anticipated to realize, that our management and management systems will encounter difficulties in dealing with a bigger, more diversified enterprise, and that the financial results we expect from the acquisition will not be realized.

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 1.9 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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