MeetMe Achieves New Milestone of 30 Million Chats in a Single Day

Dec. 29, 2015 9:00 am |  More About MeetMe


MeetMe, Inc. (NASDAQ: MEET), a public market leader for social discovery, announced today that it set a new daily record for the number of user-to-user chats. On Monday, December 28, for the first time in MeetMe’s history, more than 30 million chats were sent on a single day.

“We have had tremendous growth in the number of chats sent on MeetMe in the last year,” said Geoff Cook, CEO of MeetMe. “Just over a year ago, we announced 20 million chats a day. Reaching this new milestone of 30 million user-to-user chats in a single-day is a testament to MeetMe’s power to connect users around the world. We’ve never seen higher engagement on MeetMe and we expect this growth to continue as we grow both in the US and internationally.”

About MeetMe, Inc.

MeetMe® is the leading social network for meeting new people in the US and the public market leader for social discovery (NASDAQ: MEET). MeetMe makes it easy to discover new people to chat with on mobile devices. With approximately 80 percent of traffic coming from mobile and more than one million total daily active users, MeetMe is fast becoming the social gathering place for the mobile generation. MeetMe is a leader in mobile monetization with a diverse revenue model comprising advertising, native advertising, virtual currency, and subscription. MeetMe apps are available on iPhoneiPadAndroid, and Windows Phone in multiple languages, including English, Spanish, Portuguese, French, Italian, German, Chinese (Traditional and Simplified), Russian, Japanese, Dutch, Turkish and Korean. For more information, please visit meetmecorp.com.

Cautionary Note Concerning Forward-Looking Statements

Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including whether the number of chats will grow and if so at what rate, MeetMe’s power to connect users around the world, future levels of engagement on MeetMe, whether our engagement growth will continue to grow, and whether we will continue to grow both in the United States and internationally. All statements other than statements of historical facts contained herein are forward-looking statements. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “project,” “is likely,” “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 our applications will not function easily or otherwise as anticipated, the risk that we will not launch additional features and upgrades as anticipated, the risk that unanticipated events affect the functionality of our applications with popular mobile operating systems, any changes in such operating systems that degrade our mobile applications’ functionality and other unexpected issues which could adversely affect usage on mobile devices. Further information on our risk factors is contained in our filings with the Securities and Exchange Commission (“SEC”), including the Form 10-K for the year ended December 31, 2014 and the Current Report on Form 8-K filed with the SEC on June 3, 2015. Any forward-looking statement made by us herein 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.

Press contact:
Fresh PR
Jeannine Jacobi, 323-903-7063
jeannine@freshpr.net
or
Investor contact:
MKR Group Inc.
Todd Kehrli, 323-468-2300
meet@mkr-group.com

Business Wire
December 29, 2015 - 9:00 AM EST


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