MeetMe Launches International Advertising in Time for the Fourth Quarter

10/05/2016

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced that it now displays mobile banner ads to its
international users. The company first began testing international ad
placements in late August of this year. Prior to that, it displayed ads
only to its English-language users.

Geoff Cook, CEO of MeetMe, said, “Given the expected increase in
advertising rates in the fourth quarter, we are pleased that our test of
international ad placements has proceeded ahead of schedule with the
launch of mobile banners to all non-English users. We will continue to
experiment with other mobile ad units as well, including interstitials
and native ads, as we seek to optimize the value of our international
traffic.”

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.

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 advertising rates will increase in the fourth
quarter, whether will continue to experiment with other mobile ad units,
including interstitials and native ads, and whether we will optimize the
value of our international traffic. 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 the proposed acquisition and 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, 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.

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

Source: MeetMe, Inc.