Blucora Completes Acquisition of Monoprice

  Blucora Completes Acquisition of Monoprice

Business Wire

BELLEVUE, Wash. -- August 22, 2013

Blucora, Inc. (NASDAQ:BCOR), today announced that it has completed its
previously announced acquisition of Monoprice, a rapidly growing online
provider of self-branded consumer electronics and accessories, in an all-cash
transaction valued at $180 million.

Monoprice delivers premium-quality products at prices far below other national
brands. The Company has secured a deeply loyal customer base by offering
thousands of Monoprice-branded items on its website, with outstanding customer
service and prompt product delivery.

“We are pleased to expand the Blucora portfolio with the successful completion
of the Monoprice acquisition,” stated William J. Ruckelshaus, President and
Chief Executive Officer of Blucora. “Monoprice’s differentiated business model
provides Blucora with significant opportunities in the large and growing
online markets for consumer electronics and tech accessories. We welcome the
talented Monoprice employees to the Blucora team, and look forward to working
together to build Monoprice into a mainstream consumer brand.”

The all-cash acquisition is expected to be immediately accretive to Blucora
earnings per share. Pro forma for the full third quarter of 2013, Blucora
anticipates Monoprice will have revenues in the range of $36.5 million to
$37.5 million and a segment income margin of 12 percent to 12.5 percent. The
Company noted that these pro forma numbers do not reflect certain anticipated
purchase accounting adjustments and that Blucora’s reported third-quarter
results will only include Monoprice’s results following completion of the
transaction.

Monoprice is now a wholly owned subsidiary of Blucora. Monoprice will continue
operations in Rancho Cucamonga, California, as a standalone business unit led
by the Monoprice management team.

About Blucora™

Blucora owns several leading Internet businesses. InfoSpace provides online
search and monetization solutions to a network of more than 100 partners
globally. TaxACT provides online tax preparation solutions to consumers and
professional preparers. Monoprice is a rapidly growing online provider of
self-branded consumer electronics and accessories. TheBlucorateam brings
decades of experience operating and investing in digitally enabled businesses.
More information aboutBlucoramay be found at www.blucora.com. Follow and
subscribe to us on Twitter, LinkedIn, andYouTube.

About Monoprice®

Based in Rancho Cucamonga, CA, Monoprice, Inc., is a rapidly growing
e-commerce business, specializing in high-quality, yet affordable, consumer
electronics and tech products, including a wide variety of cables, home
theater equipment, networking and IT gear, mobile accessories, PC and gaming
accessories, and pro audio equipment. Established in 2002, Monoprice offers
more than 5,000 of its own branded products via its website www.Monoprice.com.
The company has built its stellar brand reputation upon customer word of
mouth, the consistent ability to deliver premium-quality products at prices
far below other national brands, and outstanding customer service. Monoprice
was named an Inc. 500 company in 2008, 2009 & 2010, and an Inc. 5000 company
in 2011. More information about Monoprice may be found at www.Monoprice.com.
Follow us on Facebook, Twitter, LinkedIn, Google+, Spiceworks, and YouTube.

Forward-Looking Language

This announcement contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Actual results may differ significantly from
management’s expectations due to various risks and uncertainties, including,
but not limited to: the ability to successfully complete acquisitions and
integrate acquired businesses; the success of future acquisitions; the
successful execution of the Company’s strategic initiatives, operating plans,
and marketing strategies; general economic, industry, and market sector
conditions; the timing and extent of market acceptance of developed products
and services; and the condition of our cash investments. A more detailed
description of these and certain other factors that could affect actual
results is included in Blucora, Inc.’s most recent Annual Report on Form 10-Q
and subsequent reports filed with or furnished to the Securities and Exchange
Commission. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this release.
Blucora, Inc. undertakes no obligation to update any forward-looking
statements to reflect new information, events, or circumstances after the date
of this release or to reflect the occurrence of unanticipated events.

Contact:

Blucora
Stacy Ybarra, 425-709-8127
stacy.ybarra@blucora.com