NEW HOPE, PA -- (Marketwire) -- 09/19/12 -- MeetMe, Inc. (NYSE MKT: MEET), the public market leader for social discovery, has announced the launch of the MeetMe iPhone application in both Spanish and Portuguese. In August, MeetMe launched its web and Android applications in Spanish and Portuguese. The service expects to be in half a dozen languages by the year's end.
"We are pleased to see the ranking of the MeetMe Android app improve in certain key markets since we released the app in Spanish and Portuguese just one month ago," noted Geoff Cook, COO MeetMe, Inc. "In Brazil our rank in the social category of Google Play improved from #147 to #42. In Mexico, our rank improved from #87 to #25, and in Spain, it improved from #107 to #31, according to app analytics service App Annie. We are excited with today's announcement to now bring the MeetMe iPhone app to audiences throughout Latin America."
Earlier this week, the company noted its US traffic is at record levels, surpassing for the first time more than 1 million US users signing on in a single day.
Cautionary Note Concerning Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including statements regarding launching in half a dozen languages by year's end. All statements other than statements of historical facts contained in this press release, including statements regarding our future financial position, liquidity, business strategy and plans and objectives of management for future operations, are forward-looking statements. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the risk that unanticipated events affect our ability to execute our plan to add languages to our platform. Further information on our risk factors is contained in our filings with the SEC, including the Form 10-K for the year ended December 31, 2011 filed on March 14, 2012. Any forward-looking statement made by us in this press release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
About MeetMe, Inc.
MeetMe® is the leading social network for meeting new people in the US and the public market leader for social discovery (NYSE MKT: MEET). MeetMe makes meeting new people fun through social games and apps, monetized by both advertising and virtual currency. The MeetMe brand grew out of the merger of myYearbook and Quepasa in November 2011. With 60% of traffic coming from mobile, MeetMe is transforming how people discover one another in a mobile-first world. The company operates MeetMe.com, Quepasa.com, and MeetMe apps on iPhone, iPad, and Android.
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Contact:
Robin Shallow
EVP Communications & Public Relations
MeetMe, Inc.
(215) 862-7823
robin@meetme.com
Follow us on Twitter @meetme
Investor Contact:
E. Brian Harvey
Vice President of Capital Markets and Investor Relations
MeetMe, Inc.
(215) 862-1162 x266
brian@meetme.com
Follow our business news on Twitter @meetmecorp
