LookSmart, Ltd. is a digital advertising solutions company. The Company provides relevant solutions for search and display advertising customers. The Company intends to become a holding company that owns and manages various businesses under the Looksmart umbrella, including digital media assets, data hosting and web-based services, real-estate, and various other enterprises that Management and the Board believe will enhance shareholder value over time. The Company operates in a large online advertising ecosystem serving ads that target user queries on partner sites. LookSmart offers search advertising customers targeted search via a monitored search advertising distribution network using the Company’s AdCenter platform technology. The Company’s search advertising network includes publishers and search advertising customers, including intermediaries and direct advertising customers and their agencies as well as self-service customers in the United States and other countries.