NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe,
Inc. (NASDAQ: MEET), the public market leader for social discovery, has
updated its iPad app. The new iPad app streamlines the mobile experience
across devices and includes simpler navigation and real time chat. The
updated app for iPad also has a similar appearance to MeetMe’s iPhone
and Android apps.

“This update unifies the MeetMe experience across more mobile devices
and makes future changes easier,” said Geoff Cook, CEO of MeetMe. “We
look to continue improving our mobile experience across a range of
devices to provide the best possible experience for our users. With this
update, we are also laying the foundation for monetization of our iPad
app in the coming weeks, when we plan to launch advertising and virtual
currency on iPad. These expected revenues are included in our previously
announced 2015 guidance of annual revenue growth to between $47 million
to $53 million and annual adjusted EBITDA growth to between $7 to $10
million.”

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 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 this update will streamline the mobile
experience across devices and make navigation and real time chat
simpler, whether this update will make future changes easier, whether we
will continue improving our mobile experience across a range of devices
to provide the best possible experience for our users, whether this
update will serve as the foundation for monetization of our iPad app as
anticipated and whether such monetization will occur in the anticipated
timeframe, whether we will launch advertising and virtual currency on
iPad and the timing of such launch, and whether our 2015 annual revenue
and adjusted EBITDA will grow as anticipated to the respective amounts
projected. 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, the Prospectus Supplement (Rule 424(b)(5)) filed on
July 24, 2014, and the Current Report on Form 8-K filed on December 29,
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.

Press:
Fresh PR
Jeannine Jacobi, 323-903-7063
jeannine@freshpr.net
or
Investors:
MKR
Group Inc.
Todd Kehrli, 323-468-2300
meet@mkr-group.com

Source: MeetMe, Inc.