MeetMe Opens Office in Philadelphia

06/02/2016

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced that it has opened a new office in the
Northern Liberties section of Philadelphia, PA.

“We believe a presence in Philadelphia is a natural move for MeetMe that
will better position us to tap into a wealth of creative and innovative
technologists in the city and attract an even larger number of talented
individuals to our team,” said Jonah Harris, MeetMe’s Chief Technology
Officer.

MeetMe intends to staff its new office initially with engineers from its
New Hope, Pennsylvania headquarters, followed by new hires planned for
the coming months. The company is leasing the new office through shared
workspace provider WeWork.

“Over the years, we’ve spoken with a large number of qualified
candidates living in Philly, but many of them didn’t want to commute to
New Hope,” said MeetMe recruiter Tom Zabielski. “We believe this new
office can serve as an effective extension of our current team—sharing
projects across offices—to remain as collaborative and cohesive as at
our headquarters.”

MeetMe currently organizes the Bucks County Tech Meetup in New Hope and
plans to collaborate with WeWork to host additional talks at its new
location beginning with the Future of Data: Philadelphia Meetup, on June
7.

About MeetMe, Inc.

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 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,
Android,
and Windows
Phone
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.

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 our Philadelphia office will better position us
to tap into a wealth of creative and innovative technologists in the
city and attract an even larger number of talented individuals to our
team, whether we will staff our office as intended and successfully make
new hires in the coming months, whether our new office will serve as an
effective extension of our current team, whether we will successfully
share projects across offices, whether our team will remain as
collaborative and cohesive as at our headquarters, and whether and to
what extent we will collaborate with WeWork and host future talks at our
new facility. 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, 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.

MKR Group Inc.
Todd Kehrli, 323-468-2300
Jim Byers,
415-309-2079
meet@mkr-group.com

Source: MeetMe, Inc.