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LodgeNet Interactive to Present at The B. Riley Investor Conference
Date:3/31/2008

monthly per-room basis will be greater in the first quarter of this year versus that reported for the first quarter of 2007," said Gary H. Ritondaro, LodgeNet's Chief Financial Officer. "The percentage change in monthly per-room movie revenue during the quarter was at the midpoint of our annual guidance range, yet total revenue will increase because we are generating expanded revenues from hotel services, advertising and other sales as compared to a year ago."

"At the same time, we are committed to delivering meaningful and increasing levels of cash flow for our shareholders," continued Petersen. "Given the current economic environment, we are managing our business and moderating our operating costs and capital investment plans to strike a prudent balance between our numerous investment opportunities and our goal of delivering on our previously issued guidance for adjusted free cash flow for 2008. We are continuing to pursue our programs to drive down the capital costs associated with adding and upgrading high-definition television rooms and to grow our new business lines that generate incremental cash flow yet require minimal capital investment on our part."

LodgeNet management is scheduled to present Wednesday, April 2, at 9:00am. A live webcast of the presentation and a copy of the slides will be available on the investor section of the Company's website, located at http://www.lodgenet.com, following the presentation.

For the year 2008, LodgeNet continues to expect to report revenue in the range of $570.0 million to $585.0 million and Adjusted Operating Cash Flow* in a range from $150.0 million to $160.0 million. As previously announced, net loss is expected to be $(28.0) million to $(18.0) million, or loss per share of $(1.22) to $(0.78). Adjusted Net Loss** is expected to be $(14.0) million to $(4.0) million or $(0.61) to $(0.17) per share. Free Cash Flow*** is expected to be in a range o
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SOURCE LodgeNet Interactive Corporation
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