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To: Elroy who wrote (69)	2/13/2008 4:11:33 PM
From: Elroy	Read Replies (1) \| Respond to of 78

ValueClick Announces Fourth Quarter 2007 Results Wednesday February 13, 4:05 pm ET Revenue and Adjusted-EBITDA Exceed Guidance; Company Provides 2008 Outlook Company Announces Settlement with the U.S. Federal Trade Commission WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--ValueClick, Inc. (Nasdaq:VCLK - News) today reported financial results for the fourth quarter and fiscal year ended December 31, 2007. Highlights for the quarter included: Revenue of $183.1 million, which exceeded previously issued guidance and increased 14 percent from the fourth quarter of 2006; A settlement agreement with the U.S. Federal Trade Commission (FTC), subject to Department of Justice and presiding court approval, including a $2.9 million payment which the Company recorded in the fourth quarter of 2007; Diluted net income per common share of $0.18, which was at the high end of the previously issued guidance range; and Adjusted-EBITDA1 of $45.6 million, which exceeded previously issued guidance. The charge associated with FTC settlement payment, which was not included in the Company’s previously issued guidance, lowered diluted net income per common share by $0.03 and lowered adjusted-EBITDA by $2.9 million. “We ended 2007 on a strong note and we are pleased to announce a settlement with the FTC,” said Tom Vadnais, chief executive officer of ValueClick. “While macroeconomic uncertainties are a current industry concern, we believe we are positioned to generate growth and healthy margins in 2008. Our diversified offerings and scale make us a preferred partner for major digital marketers in the U.S. and abroad.”