NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced the appointment of Chris Fralic, a technology
industry veteran and partner at First Round Capital, to the company’s
board of directors. On February 27, MeetMe’s board expanded its number
from five to six members, and appointed Fralic to fill the newly-created
vacancy.

Fralic brings over 30 years of technology industry experience including
having served in several significant Internet business development roles
since 1996. He joined First Round in 2006 and has focused on numerous
investment areas that include advertising and marketing technology,
social/mobile, eCommerce/travel, connected devices and gaming. Prior to
joining First Round, Fralic served as VP of Business Development at
social bookmarking and tagging company del.icio.us through
its acquisition by Yahoo! He was also one of the early employees at
Half.com, where he served as VP of Business Development starting in
1999, and following the company’s acquisition by eBay, he spent six
years with eBay in a variety of business development, media and
entertainment roles. Fralic has also attended the TED Conference for
more than 20 years and helped to launch TEDTalks, which have now been
viewed over four billion times.

“Chris is a well known technology veteran who brings substantial
experience to MeetMe, including a strong network and deep industry
expertise,” said Geoff Cook, CEO of MeetMe. “He was also an investor in
our predecessor company myYearbook and served as a board observer until
the merger with Quepasa in 2011. We are very excited to have him join
our board and look forward to his contribution.”

About MeetMe

Through its portfolio of brands, MeetMe (NASDAQ: MEET) is meeting the
universal need for human connection. Using innovative products and
sophisticated data science, MeetMe keeps its approximately two million
daily active users engaged and originates untold numbers of casual
chats, friendships, dates, and marriages. MeetMe offers advertisers the
opportunity to reach customers on a global scale with hundreds of
millions of daily mobile ad impressions. MeetMe utilizes high user
density, economies of scale, and leading monetization strategies to
maximize EBITDA. MeetMe’s apps are available on iPhone,
iPad,
and Android
in multiple languages worldwide. For more information, please visit meetmecorp.com.

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 Mr. Fralic will bring substantial experience to
MeetMe, including a strong network and deep industry expertise. 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, any changes
in popular mobile 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, 2015, the Form 10-Q for the quarter ended June 30, 2016 and
the Form 8-K filed on October 4, 2016. 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170301005343/en/

MEET Investors:
MKR Group Inc.
Todd Kehrli
meet@mkr-group.com

Source: MeetMe, Inc.