MeetMe Launches Cross-Promotional Placements in Both MeetMe and Skout Applications

01/17/2017

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced it has launched cross-promotional placements
in both its MeetMe and Skout applications allowing each app to promote
the other. The placements can be seen throughout popular sections and
features on both applications.

“In recent days, MeetMe and Skout have driven about ten thousand
installs to each other per day, representing a substantial marketing
synergy,” said Geoff Cook, CEO of MeetMe. “In addition, because the apps
and their core users are so similar, we believe these installs perform
better than average in terms of likelihood to sign up and to stay
active.”

Added Cook, “This is only the beginning of the integration of the Skout
and MeetMe apps. We expect to start displaying MeetMe users inside of
Skout and Skout users inside of MeetMe, along with the ability to chat
seamlessly across the two platforms, by the end of the current first
quarter.”

About MeetMe, Inc.

Through its MeetMe® and Skout® mobile apps and websites, MeetMe is a
leading social network for meeting new people in the US and a public
market leader for social discovery (NASDAQ: MEET). MeetMe makes it easy
to discover new people to chat with on mobile devices. With
approximately two 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, user credits, and subscriptions. MeetMe’s apps are
available on iPhoneiPad, and
Android in
multiple languages worldwide. For more information, please visit meetmecorp.com.

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 cross-promotional placements will promote
our apps as intended, whether MeetMe and Skout will continue to drive
installs to each other and if so at what rate, whether the
cross-promotional installs will perform better than average in terms of
likelihood to sign up and to stay active, whether we will continue to
integrate our Skout and MeetMe apps as anticipated, and whether will
start displaying MeetMe users inside of Skout and Skout users inside of
MeetMe, along with the ability to chat seamlessly across the two
platforms, by the end of the current first quarter. 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, any changes
in popular mobile 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, the Form 10-Q for the quarter ended June 30, 2016 and
the Form 8-K filed on October 4, 2016. 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 or Jim Byers,
323-468-2300
meet@mkr-group.com

Source: MeetMe, Inc.