NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe,
Inc. (NASDAQ: MEET), a public market leader for social discovery, today
announced the launch of a seven-day free trial offer for its revamped
MeetMe+ service in MeetMe’s popular Android and iPhone applications. The
free trial enables first-time MeetMe+ users to enjoy its premium
benefits free for one week, after which they may choose to continue at
the normal subscription rates or return to a standard free membership.
The seven-day free trial is available today to a portion of Android and
iPhone users and is expected to roll out to all users on iPhone and
Android over the coming month.
The recently revamped MeetMe+ service allows members to enjoy enhanced
filtering capabilities, priority chat placement, access to photo views,
and more. The company has seen an approximately 150% increase in daily
subscription revenue since the MeetMe+ revamp launched last month,
compared to the trailing twelve-month average.
“We’re excited for MeetMe members to experience the benefits of MeetMe+
risk-free, and we believe the free trial has the potential to further
the momentum and growth we are already seeing on subscription revenue
since the December product revamp,” said Geoff Cook, CEO of MeetMe.
About MeetMe, Inc.
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,
Android,
and Windows
Phone 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 statements regarding the future availability of the free
trial on Android and iPhone, whether the free trial will become
available to all users on iPhone and Android over the coming month,
whether future subscription revenue will increase, and whether the free
trial will further the momentum and growth we are already seeing on
subscription revenue since the December product revamp, and whether we
will continue to see momentum and growth in our subscription revenue.
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, 2014 and the Current Report on Form 8-K filed with the SEC
on June 3, 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160201005043/en/
Press contact:
Fresh PR
Jeannine Jacobi, 323-903-7063
jeannine@freshpr.net
or
Investor
contact:
MKR Group Inc.
Todd Kehrli, 323-468-2300
meet@mkr-group.com
Source: MeetMe, Inc.