Social Discovery Leader Enhances Chat and Reaches Record Number

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social
discovery, announced today that it set a new daily record for the number
of user-to-user chats sent on Monday of this week. For the first time in
MeetMe’s history, more than 15 million chats were sent on a single day.

“We’re thrilled to have achieved 15 million chats sent on MeetMe in a
day,” said MeetMe CEO Geoff Cook. “In April, only a few months ago, we
weren’t consistently breaking 10 million daily chats. This acceleration
in chat activity is a testament to the strength of our recent launches,
including Friend Suggestions and Icebreakers. We believe it also
reflects our audience’s strong desire to connect and communicate with
new people. As we continue to optimize MeetMe to funnel traffic into
Chat more efficiently, we believe we will see additional growth in chat
activity and overall mobile daily active users (DAU).”

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 meeting new people fun through social games and apps, monetized by
both advertising and virtual currency. With approximately 75 percent of
traffic coming from mobile, MeetMe is fast becoming the social gathering
place for the mobile generation. The company operates MeetMe.com and
MeetMe apps on iPhone, iPad, and Android 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 in the future we will achieve increased chat
activity, whether our product launches will drive increased chat
activity, whether we will successfully optimize MeetMe to funnel traffic
into Chat more efficiently, and whether will see additional growth in
chat activity and overall mobile daily active users (DAU). 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,” “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 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, 2013. 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:
Gregory FCA
Joe Hassett, 610-642-8253
JoeH@GregoryFCA.com

Source: MeetMe, Inc.