MeetMe Launches Chat Suggestions Feature on iPhone and Android

06/04/2015

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe,
Inc. (NASDAQ: MEET), the public market leader for social discovery, has
launched a new feature called Chat Suggestions in the MeetMe app on both
iPhone and Android. Chat Suggestions is a module located at the top of
the Chat tab that recommends new people to chat with based on a number
of attributes that may signal relevance and compatibility. The feature
is intended to help users locate someone willing to chat now, while at
the same time channeling more chats to certain users, including new
users and users who purchase in-app products.

“Since our May 22 release of Chat Suggestions, we have set a new
single-day record for the number of mobile users (1.125 million) and
seen our top three days ever for the new chat conversations started,”
said Geoff Cook, CEO of MeetMe. “We are excited by the strength of our
product pipeline as we continue 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 Chat Suggestions will help users locate someone
willing to chat now, while at the same time channeling more chats to
certain users, including new users and users who purchase in-app
products, whether and by how much the number of mobile users will
continue to grow, whether and by how much the number of new chat
conversations started will continue to grow, the strength of our product
pipeline, and whether we will we continue to 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, 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.