MeetMe Achieves New Mobile Traffic Record of 900,000 Daily Active Users

06/12/2014

Focus on Facilitating Chat Partners and Enhancing Chat to Drive Mobile
Traffic

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social
discovery, set new records on Tuesday of this week for the number of
daily active users (DAU) on mobile overall and on Android specifically.
For the first time in MeetMe’s history, more than 900,000 unique mobile
users logged in on a single day.

“We’re thrilled to have achieved 924,000 mobile users logging into
MeetMe, with a record 567,000 of those on Android,” said MeetMe CEO
Geoff Cook. “We believe our new Chat features – Friends Suggestions and
Icebreakers – have driven much of this growth, while increasing total
friend requests and the number of new, high quality chats among our
members. In addition, overall Chat activity has increased by more than
60% since the enhancements we made in April. We believe our exciting
pipeline of new features will make MeetMe the best app for finding new
chat partners, and thereby enable us to continue the strong DAU growth
we are seeing on mobile.”

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 numbers
of mobile daily active users (DAUs) overall or on Android specifically,
whether our new Chat features will drive growth in DAU, friend requests,
or new, high quality chats among our members, whether our overall Chat
activity will increase, whether our pipeline of new features will make
MeetMe the best app for finding Chat partners, and whether we will
achieve strong DAU growth on mobile. 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.