FriendFinder Networks Inc. Commences Marketing of its Initial Public Offering

BOCA RATON, Fla.PRNewswire/ — FriendFinder Networks Inc. (“FFN”) announced today that it has commenced marketing in connection with its initial public offering of 20 million shares of its common stock.

The offering is being made pursuant to Amendment No. 7 to FFN’s Registration Statement on Form S-1, including a preliminary prospectus, filed on January 8, 2010 with the Securities and Exchange Commission. It is currently estimated that the initial public offering price per share will be between $10.00 and $12.00, and gross proceeds from the offering are expected to be $200 million to $240 million.

The common stock has been approved for listing on the New York Stock Exchange under the symbol “FFN,” subject to official notice of issuance. RenCap and Ledgemont Capital Markets LLC are acting as joint bookrunners for this offering.

A registration statement relating to the proposed sale of these securities has been filed with the Securities and Exchange Commission but has not yet become effective.

These securities may not be sold nor may offers to buy these securities be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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