ShareNEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe,
Inc. (NASDAQ: MEET), a public market leader for social discovery, has
surpassed 20 million total MeetMe app downloads from the Google Play
Store. The new milestone comes on the heels of several recent
accomplishments and developments this year, including record days for
mobile active users and chat message volume, a redesigned profile and
icon, and the addition of interest tags to help improve chat partner
recommendations over time.
“Passing 20 million downloads on Google Play is a testament to the
team’s hard work to make MeetMe the best place to meet new people
everywhere,” said Geoff Cook, CEO of MeetMe. “We are thrilled that in
recent months over half of our new downloads on Android are
international, and we look forward to more growth, both in the US and
internationally, as we continue to enhance the application to make more,
high quality matches.”
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. 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 future downloads of our MeetMe app from the Google Play
Store, future levels of daily mobile active users and chat volume,
whether interest tags will help improve chat partner recommendations,
the percentage of all downloads on Android that international downloads
will constitute, whether we will grow, both in the United States and
internationally, and whether we will enhance the application to make
more, high quality matches. 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 we are not able to collect our overdue amounts from Beanstock Media
Inc. easily or otherwise as anticipated, the risk that our transition of
managing our advertising inventory in-house will not continue
successfully as anticipated, our expectations for revenue and adjusted
EBITDA will not be met, the risk that unanticipated events affect the
functionality of our applications with popular mobile operating systems,
and events could adversely affect usage of our 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, the Quarterly Report on Form 10-Q for
the quarter ended March 31, 2015, and the Current Report on Form 8-K
filed 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/20150708005457/en/
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.