Rich Battista Departs As President & CEO Of LodgeNet

             Rich Battista Departs As President & CEO Of LodgeNet

Battista Successfully Negotiated Recently Announced $60 Million
Recapitalization Plan with Colony Capital

Frank Elsenbast and James Naro Appointed Interim Co-CEOs

PR Newswire

SIOUX FALLS, S.D., Jan. 16, 2013

SIOUX FALLS, S.D., Jan. 16, 2013 /PRNewswire/ --LodgeNet Interactive
Corporation, the leading provider of interactive media and connectivity
services to hospitality and healthcare businesses and the consumers they
serve, announced today that Rich Battista will depart as President, CEO and
director of the Company as of January 16, 2013. Frank Elsenbast, the
Company's CFO, and James Naro, the Company's General Counsel, have been
appointed interim co-CEOs.

(Logo: http://photos.prnewswire.com/prnh/20080115/AQTU120LOGO)

During his tenure, Battista successfully guided LodgeNet through a strategic
review process that recently concluded with the announced $60 million
recapitalization plan with an investor syndicate led by Colony Capital. The
recapitalization is designed to place LodgeNet on a path to revitalize its
business and balance sheet, while delivering strong cash flow. The
recapitalization also includes a five-year extension of the Company's secured
credit facility with its lenders.

"Rich has done a first-rate job as our president & CEO, leading us through
this transaction to secure the Company's future," said LodgeNet Interactive
Chairman Doug Bradbury. "Under the Colony Capital-led syndicate, LodgeNet is
poised to transform its business and re-affirm its position as the industry
leader in providing interactive products and services to the hospitality and
healthcare markets. We thank Rich for his significant contributions to the
Company during this important time and wish him well in his future
endeavors."

"My time at LodgeNet has been very rewarding," said Rich Battista. "I am proud
of what we have accomplished in signing our recapitalization agreement with
Colony and our lenders in order to return LodgeNet to strong financial
footing. The Colony-led syndicate brings significant resources, both financial
and strategic, to the Company. It is now time to pass the baton and I do so
knowing that the company is in terrific hands and on an exciting path towards
strong future success."

As co-CEOs, Messrs. Elsenbast and Naro will oversee the completion of the
previously announced transaction through the court-supervised process. Upon
closing of the transaction, the Company will be appointing a new CEO.

About LodgeNet

LodgeNet Interactive is the leading provider of interactive media and
connectivity services to hospitality and healthcare businesses and the
consumers they serve. Recently named by Advertising Age as one of the Leading
100 US Media Companies, LodgeNet Interactive serves approximately 1.5 million
hotel rooms worldwide in addition to healthcare facilities throughout the
United States. The Company's services include: Interactive Television,
Broadband and Advertising Media Solutions along with nationwide technical and
professional support services. LodgeNet Interactive owns and operates
businesses under the industry leading brands: LodgeNet, The Hotel Networks and
LodgeNet Healthcare. For more information, please visit www.lodgenet.com.

LodgeNet and the LodgeNet logo are registered trademarks of LodgeNet
Interactive Corporation. All rights reserved.

Special Note Regarding Forward-Looking Statements –

Certain statements in this press release constitute "forward-looking
statements," including, without limitation, statements regarding the Company's
investment agreement with the Colony Syndicate and the Company's proposed
recapitalization, the Company's ability to continue operations during the
pendency of the bankruptcy case, the agreement with DIRECTV, and the effect of
actions of the Bankruptcy Court on the Company's assets and operations.

Such forward-looking statements are subject to risks, uncertainties and other
factors that could cause the actual results, performance or achievements to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors include,
among others, the Company's ability to comply with the terms of the
investment agreement with the Colony Syndicate, including the conditions to
closing, which require, among other things, that the Company maintain a
certain minimum amount of liquidity, maintain certain material contracts, and
obtain the Bankruptcy Court's approval of its Chapter 11 plan of
reorganization; the Company's ability to obtain Bankruptcy Court approval with
respect to its motions in the Chapter 11 proceedings; risks associated with
third party motions in the Chapter 11 proceedings, which may interfere with
the Company's ability to consummate its plan of reorganization; the potential
adverse effects of the Chapter 11 proceedings on the Company's business,
customer relationships, liquidity or results of operations; continued
compliance with conditions for funding under the debtor-in-possession
financing facility; the ability to execute the Company's business and
restructuring plan to achieve desired cost savings and additional capital to
improve liquidity; the Colony Syndicate's ability to reach a definitive
agreement with DIRECTV; and other factors detailed, from time to time, in our
filings with the Securities and Exchange Commission. For any of the foregoing
reasons, our anticipated results may not meet our expectations. These
forward-looking statements speak only as of the date of this press release. We
expressly disclaim any obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements contained herein to
reflect any change in our expectations with regard thereto or any change in
events, conditions or circumstances on which any such statement is based.

SOURCE LodgeNet Interactive Corporation

Website: http://www.lodgenet.com
Contact: Ann Parker, Director of Corporate Communications, LodgeNet
Interactive, +1-605-988-1000, communications@lodgenet.com
 
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