NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced the beta launch of Live in its popular MeetMe
applications. Live is a one-to-many video feature that allows users to
broadcast themselves, watch other users’ broadcasts, and chat in real
time. The feature is currently available to MeetMe’s beta community, and
the company plans to begin to roll out to more users on MeetMe over the
coming weeks.

Broadcasts in Live will be moderated through a combination of
algorithmic analysis and manual review. After the initial rollout is
complete, MeetMe intends to launch new freemium products within the
video streams to help monetize the broadcast-viewing experience and
encourage its broadcasters to produce high-quality content. The company
also expects to bring the feature to its Skout mobile applications in
the second half of the year.

“We believe Live will be a popular feature for connecting our millions
of users,” said Geoff Cook, CEO of MeetMe. “If you think of MeetMe as
the neighborhood bar, as we do, then video is the live entertainment
meant to keep people engaged and give them something more to talk about.
We believe chat will keep users coming back to the app, and video will
extend the time they spend in the app, forming a powerful product mix.
We believe video will also open the door to increased revenue with new
advertising placements and in-app purchases through a gifting mechanism
popularized by Momo, Live.me, and others.”

About MeetMe, Inc.

Through its portfolio of brands, MeetMe (NASDAQ: MEET) is meeting the
universal need for human connection. Using innovative products and
sophisticated data science, MeetMe keeps its approximately two million
daily active users engaged and originates untold numbers of casual
chats, friendships, dates, and marriages. MeetMe offers advertisers the
opportunity to reach customers on a global scale with hundreds of
millions of daily mobile ad impressions. MeetMe utilizes high user
density, economies of scale, and leading monetization strategies to
maximize EBITDA. MeetMe’s apps are available on iPhone, iPad, 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 we will roll out Live to more users on MeetMe
over the coming weeks, whether we will complete the rollout as
contemplated, whether we will launch new freemium products within the
video streams and if so whether that they will help monetize the
broadcast-viewing experience and encourage our broadcasters to produce
high-quality content, whether and when we will bring Live to our Skout
application; whether Live will be a popular feature for connecting our
millions of users, whether video will keep people engaged and give them
something more to talk about, whether chat will keep users coming back
to the app and video will extend the time they spend in the app, forming
a powerful product mix, whether video will also open the door to
increased revenue with new advertising placements and in-app purchases
through a gifting mechanism popularized by Momo, Live.me, and others.
All statements other than statements of historical facts contained
herein, including statements regarding the continued growth in our core
platform, are forward-looking statements. The words “believe,” “may,”
“estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,”
“could,” “target,” “potential,” “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. Further information on our risk factors is contained in
our filings with the SEC, including the Form 10-K for the year ended
December 31, 2016 and the Form 8-K as filed on March 6, 2017. 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/20170330005536/en/

Investor Contact:
MKR Group Inc.
Todd Kehrli or Jim Byers
323-468-2300
meet@mkr-group.com

Source: MeetMe, Inc.