VA Software Announces Sale of Assets of Animation Factory Subsidiary

VA Software Corporation (NASDAQ: LNUX), a
leading provider of software, information and community support for IT and
development professionals, today announced that it has sold the assets of
its Animation Factory, Inc. subsidiary to the Jupiterimages division of
Jupitermedia Corporation (NASDAQ: JUPM) for $9.35 million in cash and the
assumption of certain liabilities.

"We have been proud to work with Animation Factory over the last five
years, but believe that the business better fits the Jupiterimages
portfolio of products and services. With the disposition of our Animation
Factory business, we are increasing our focus on our core media and
software businesses," said Ali Jenab, president and CEO. "We are excited
about the growth opportunities for our media business where traffic has
increased to over 31 million unique visitors monthly. We are encouraged by
the level of sales activity associated with our software business. And
finally, we are seeing record levels of sales in our E-commerce business.
We believe that VA Software remains poised for both business and financial
success."

About VA Software

VA Software Corporation
(NASDAQ: LNUX) is at the center of today's technology revolution and
incites innovation by empowering the IT and developer communities with
information, community support and software. VA Software is the parent
company of OSTG, Inc. (Open Source Technology Group), and the creator of
SourceForge. SourceForge Enterprise Edition optimizes distributed
development for Fortune 500 companies.

OSTG, Inc., the cornerstone of the Open Source movement, is the leading
online network for IT managers and development professionals. OSTG
technology-focused sites include Slashdot.org, SourceForge.net,
ITManagersJournal.com, NewsForge.com, Linux.com and freshmeat.net.
SourceForge.net is the global nexus for the Open Source community with more
than 100,000 Open Source projects and over 1 million registered users.
OSTG also runs ThinkGeek.com, an online retailer of technology products.
OSTG receives more than 31 million unique visitors monthly.*

For more information about VA Software, visit www.vasoftware.com. For more
information about OSTG, visit www.ostg.com.

Slashdot, freshmeat, ThinkGeek and SouceForge.net are trademarks or
registered trademarks of OSTG, Inc., in the United States and/or other
countries. VA Software, OSTG, and SourceForge are trademarks or registered
trademarks of VA Software Corporation in the United States and/or other
countries. All other product or brand names herein are the properties of
their respective owners.

* Publisher's own data based on Google Analytics.

NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are based on management's
current expectations, and involve risks and uncertainties. Forward-looking
statements include statements regarding our business focus and growth
opportunities, sales activity and sales pipeline for our media, software
and E-commerce businesses and VA's position for business and financial
success. Actual results may differ materially from those expressed or
implied in such forward-looking statements due to various factors,
including: VA Software's success in focusing on its media, software and
E-commerce businesses and VA Software's ability to achieve and sustain
higher levels of sales. Investors should consult VA Software's filings with
the Securities and Exchange Commission, including the risk factors sections
of its periodic reports. These documents are available at www.sec.gov.
All forward-looking statements included in this press release are based
upon information available to VA Software as of the date hereof, and VA
Software does not assume any obligations to update such statements or the
reasons why actual results could differ materially from those projected in
such statements.

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