NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe,
Inc. (NASDAQ: MEET), the public market leader for social discovery, has
achieved a new milestone, averaging more than one million daily active
users (DAU) on mobile for the first month of this year. The widely
popular and fast-growing app also set a new record for user-to-user
chats, averaging more than 21 million per day for the month.
“We are thrilled to start 2015 off with record traffic and engagement,”
said Geoff Cook, CEO of MeetMe. “Our mobile traffic is up nearly 30%
from January a year ago. We look forward to continuing to execute
against a strong product pipeline as we seek to build the pre-eminent
mobile chat app for connecting with new people.”
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. The company is a leader in
mobile monetization with a diverse revenue model comprising advertising,
native advertising, virtual currency, and subscription. MeetMe apps are
available 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 our mobile DAU average will grow in the future
and if so at what rate, whether the MeetMe App will remain widely
popular and fast growing, whether the number of our daily user-to-user
chats will grow in the future and if so at what rate, whether we will
continue to experience record traffic and engagement, whether mobile
traffic will grow in the future and if so at what rate, whether we will
execute against our product pipeline as anticipated and the strength of
that pipeline, and whether we will successfully build the pre-eminent
mobile chat app for connecting with new people. 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, 2013, the Prospectus Supplement (Rule
424(b)(5)) filed on July 24, 2014, and the Current Report on Form 8-K
filed on December 29, 2014. 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:
Fresh PR
Jeannine Jacobi, 323-903-7063
jeannine@freshpr.net
or
Investors:
MKR
Group Inc.
Todd Kehrli, 323-468-2300
meet@mkr-group.com
Source: MeetMe, Inc.