NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced that it has been added to the Russell 2000
Index and the broad-market Russell 3000 Index.

“Inclusion in the Russell 2000 is further recognition of our continued
progress and the growth of our company,” said Geoff Cook, Chief
Executive Officer of MeetMe. “We look forward to the additional
visibility and exposure of MEET within the investment community that
comes along with being part of the Russell 2000 Index.”

The rebalanced Russell Global, Russell 1000, Russell 2000, Russell 3000,
Russell Midcap, and Russell Microcap Indexes began trading on June 27,
2016.

Annual Russell indexes reconstitution captures the 4,000 largest U.S.
stocks as of the end of May, ranking them by total market
capitalization. Membership in the Russell 3000®, which remains in place
for one year, means automatic inclusion in the large-cap Russell 1000®
Index or small-cap Russell 2000® Index as well as the appropriate growth
and value style indexes. FTSE Russell determines membership for these
indexes primarily by objective, market-capitalization rankings, and
style attributes.

Russell indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for active investment
strategies. Approximately $6 trillion in assets are benchmarked to the
Russell U.S. indexes. Russell indexes are part of FTSE Russell, a
leading global index provider.

For more information on the Russell 3000^® Index and the
Russell US Indexes reconstitution, go to the “Russell Reconstitution”
section on the FTSE
Russell website.

About MeetMe

MeetMe® is a 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 90 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 iPhone, iPad, and Android in multiple languages, including
English, Spanish, Portuguese, French, Italian, German, Chinese
(Traditional and Simplified), Russian, Japanese, Dutch, Turkish, Korean,
Hindi, Bengali and Vietnamese. 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 whether we will achieve continued progress and
growth, whether we will achieve additional visibility and exposure
within the investment community as a result of being part of the Russell
2000 Index. 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, 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160629005413/en/

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

Source: MeetMe, Inc.