Item 8.01 Other Events.
On October 8, 2008, the Board of Directors of the Registrant approved a stock repurchase program of up to $2 million dollars of Local.com Corporation common stock over the next 18 months.
The share repurchase program authorizes Local.com to repurchase shares over the next 18 months, from time to time, through open market or privately negotiated transactions. A Rule 10b5-1 repurchase plan will allow the company to purchase its shares at times when it ordinarily would not be in the market because of self-imposed trading blackout periods. The number of shares to be purchased and the timing of the purchases will be based on market conditions, share price and other factors. The stock repurchase program does not require the company to repurchase any specific dollar value or number of shares and may be modified, extended or terminated by the board of directors at any time. Item 9.01 Financial Statements and Exhibits.
99.1 Press Release of Local.com Corporation dated October 9, 2008.

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