MeetMe Ranked Number 3 Fastest Growing Internet Company in North America on Deloitte’s 2014 Technology Fast 500™


Attributes 7,434 Percent Revenue Growth to Highly Engaged Mobile Users

MeetMe, Inc. (NASDAQ: MEET) today announced it ranked No. 3 in the
Internet category and No. 21 overall on Deloitte’s Technology Fast 500™,
a ranking of the 500 fastest growing technology, media,
telecommunications, life sciences and clean technology companies in
North America. Rankings are based on five-year revenue growth. MeetMe
grew 7,434 percent during this period.

Geoff Cook, MeetMe’s CEO, said, “We are honored to be recognized as one
of Deloitte’s Technology Fast 500™ for the fourth consecutive year, an
accomplishment for the entire MeetMe team. MeetMe is a mobile chat app
for connecting with new people. Since we revamped our Chat product, we
have seen chats per DAU on mobile increase from 9 in March of this year
to 18 chats per DAU on mobile in October. We’ve built an
industry-leading mobile monetization engine growing mobile revenue 128%
year-on-year from Q3 2013 to Q4 2014 and will continue our focus on
increasing daily active users and monetizing that growth.”

“The companies ranked on the 2014 Deloitte Technology Fast 500 continue
to set the bar for their industry higher each year,” said Eric Openshaw,
vice chairman, Deloitte LLP and U.S. technology, media and
telecommunications leader. “There are so many exciting products and
smart thought leaders driving this list. We congratulate the Fast 500
companies and look forward to seeing them continue their momentum into

“For 20 years, the Deloitte Fast 500 rankings have honored the
innovation that is part of these companies’ DNA,” added Jim Atwell,
national managing partner of the emerging growth company practice,
Deloitte & Touche LLP. “We’re glad to be serving these high-growth
companies, and helping the technology sector recognize the great strides
and transformation these companies are making in their respective areas.”

MeetMe previously ranked No. 3 as a Technology Fast 500™ award winner
for 2013.

About Deloitte’s 2014 Technology Fast 500™

Technology Fast 500, conducted by Deloitte LLP, provides a ranking of
the fastest growing technology, media, telecommunications, life sciences
and clean technology companies – both public and private – in North
America. Technology Fast 500 award winners are selected based on
percentage fiscal year revenue growth from 2009 to 2013.

In order to be eligible for Technology Fast 500 recognition, companies
must own proprietary intellectual property or technology that is sold to
customers in products that contribute to a majority of the company’s
operating revenues. Companies must have base-year operating revenues of
at least $50,000 USD or CD, and current-year operating revenues of at
least $5 million USD or CD. Additionally, companies must be in business
for a minimum of five years and be headquartered within North America.

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

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 our future rate of growth and whether we will remain one
of the fastest growing technology companies, whether chats per DAU and
mobile revenue will increase in the future and if so at what rate for
each, whether our mobile monetization engine will remain industry
leading and grow mobile revenue, whether we will be successful in
continuing our focus on increasing daily active users and monetizing
that growth, and whether we will continue our momentum into 2015,
including whether we will make great strides and achieve transformation.
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, 2013 and the Prospectus Supplement (Rule 424(b)(5)) filed
on July 24, 2014. 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.

Fresh PR
Jeannine Jacobi, 323-903-7063
Group Inc.
Todd Kehrli, 323-468-2300

Source: MeetMe, Inc.