MeetMe Expands User Profiles to Collect More Data and Improve Recommendations

08/31/2015

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe,
Inc. (NASDAQ: MEET), a public market leader for social discovery, has
expanded the user profiles in its Android and iPhone applications to
allow users to provide more details about themselves. This is an
important step before the company revamps its subscription service,
MeetMe+, planned for later this year. The revamp will enable paid
MeetMe+ subscribers to search for people and find better matches through
the additional profile information. New fields on the MeetMe user
profile include height, body type, ethnicity, and other demographic and
behavioral information.

“We believe the ability to search for potential chat partners using this
additional profile data will be an important driver of our revamped
MeetMe+ product,” said Geoff Cook, CEO of MeetMe. “This is just one of
the new benefits we plan on adding for MeetMe+ subscribers later this
year, and we believe the new features will help us reach our next-year
goal of tripling our subscriber base.”

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. 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,
Android,
and Windows
Phone
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 the expanded profile fields will prove to be an
important first step before the launch of the revamped MeetMe+ services,
whether we will launch the revamped MeetMe+ service later this year as
anticipated, whether paid MeetMe+ subscribers will be able to search for
people using this additional profile information, whether searches using
the additional profile fields will result in better matches, whether the
ability to search for potential chat partners using the additional
profile data will be an important driver of our revamped MeetMe+
product, whether we will add additional new benefits for MeetMe+
subscribers later this year, and whether the new features will help us
to reach our goal of more than tripling our current number of MeetMe+
subscribers. 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 unanticipated events affect the functionality of our applications
with popular mobile operating systems. 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, 2014, the Quarterly Report on Form 10-Q for the quarter ended March
31, 2015, and the Current Report on Form 8-K filed on June 3, 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.

Press contact:
Fresh PR
Jeannine Jacobi, 323-903-7063
jeannine@freshpr.net
or
Investor
contact:

MKR Group Inc.
Todd Kehrli, 323-468-2300
meet@mkr-group.com

Source: MeetMe, Inc.