News – Page 7 – The Meet Group

The Meet Group to Present at the Raymond James 2017 Technology Investors Conference

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the
mobile meeting space, today announced that Geoff Cook, Chief Executive
Officer, will be participating in a fireside chat and hosting one-on-one
meetings with institutional investors at the Raymond James 2017
Technology Investors Conference on Monday, December 4, 2017. The
fireside chat will occur at 1:50 pm ET. The conference is taking place
at the Westin New York Grand Central in New York, NY.

Webcast

A live and archived audio webcast of the company’s presentation will be
available on the Investor Relations section of The Meet Group’s website
at http://ir.themeetgroup.com.

About The Meet Group

The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Our apps –
currently MeetMe®, LOVOO®, Skout®, Tagged®, and Hi5® – let users in more
than 100 countries chat, share photos, stream live video, and discuss
topics of interest, and are available on iPhone, iPad, and Android in
multiple languages. Using innovative products and sophisticated data
science, The Meet Group keeps its over 4.5 million mobile daily active
users engaged and originates untold numbers of casual chats,
friendships, dates, and marriages. The Meet Group offers advertisers the
opportunity to reach customers on a global scale and has leading mobile
monetization strategies, including advertising, in-app purchases, and
subscription products. The Meet Group has offices in New Hope, San
Francisco, Dresden, and Berlin. For more information, visit themeetgroup.com,
and follow us on Facebook, Twitter or LinkedIn.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171129006081/en/

The Meet Group, Inc.
Investor Contact:
Leslie Arena,
267-714-6418
larena@themeetgroup.com
or
Media
Contact:
Brandyn Bissinger, 267-446-7010
bbissinger@themeetgroup.com

Source: The Meet Group, Inc.

The Meet Group Reports Third Quarter Financial Results

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the
mobile meeting space, today reported financial results for its third
quarter ended September 30, 2017.

Third Quarter 2017 Financial Highlights

Total revenue of $32.2 million, up 88% year over year.
Mobile revenue of $23.7 million, up 47% year over year.
GAAP net income of $2.2 million, or $0.03 per diluted share, compared
to net income of $4.4 million, or $0.07 per diluted share in the prior
year quarter.
Adjusted EBITDA of $8.9 million, up 30% year over year, or a 28%
margin.
Non-GAAP net income of $8.1 million, or $0.11 per diluted share,
compared to $6.2 million or $0.10 per diluted share in the prior year
quarter.
Cash and cash equivalents totaled $24.6 million at September 30, 2017.

(See the important discussion about the presentation of non-GAAP
financial measures, and reconciliation to the most direct comparable
GAAP financial measure, below.)

“The third quarter was transformational for The Meet Group, as we
announced the acquisition of Lovoo, a European mobile dating leader, and
launched live video monetization,” said Geoff Cook, Chief Executive
Officer. “We believe the acquisition of Lovoo and the launch of our live
video gifting platform is diversifying our revenue mix by increasing our
non-advertising revenue streams. Early data on our live video product
indicates its potential to be the most exciting new monetization feature
in our history, and we are continuing to build a tremendous pipeline of
live video products across our portfolio of brands.

“While our short-term results and forecast are currently impacted by
greater than anticipated downward pressure on CPMs across the
programmatic ad industry, we are confident that our strong product
pipeline and expanded portfolio of brands will help us create more
predictable and user-generated revenue streams. Additionally, our
integrations of Skout and Tagged are progressing as planned, and we have
identified and begun implementing efficiencies and cost savings
initiatives that we expect to drive further leverage in our operating
model.”

David Clark, Chief Financial Officer, added, “Our mobile revenue growth
of 47% year over year reflects increases in our mobile impressions
through the acquisitions of Skout and Tagged. Adjusted EBITDA increased
30% to $8.9 million for the quarter, representing a 28% adjusted EBITDA
margin. We generated $6.0 million in cash from operations, ending the
quarter with $24.6 million cash and cash equivalents.”

The Meet Group also announced a number of changes to its finance
department. David Clark, current Chief Financial Officer, by mutual
agreement will be leaving the company at the end of this year. He will
assist in the transition of the Company’s finance and accounting
functions until his departure. Jim Bugden, current Sr. Vice President,
Corporate Development, has been appointed Interim Chief Financial
Officer, effective November 13, and a search for a permanent CFO is
underway and will be led by James & Co.The Meet Group also announced
the promotion of Mike Johnson to Chief Accounting Officer and the hiring
of Leslie Arena as Vice President, Investor Relations, both effective on
November 13.

“David has been a key member of the executive team, and we thank him for
his dedication and strong contributions. Under his leadership, we grew
EBITDA from $3.9 million in 2012 to more than $30 million in the four
quarters ending September 30, 2017. I am grateful for his many
contributions,” said Mr. Cook. “I am confident Jim Bugden will succeed
as Interim CFO. Jim earned his CPA with Deloitte and has over 15 years
of CFO and financial and accounting leadership experience. Jim has been
leading our corporate development efforts for the past two years and
will continue to assist with the integration of our recent acquisitions.
I would also like to congratulate Mike Johnson on his appointment as
CAO. Mike has effectively led our accounting team for nine years, the
last six as a public company. Mike has proven himself again and again as
an effective leader of the finance and accounting team.

“Finally, I am excited at the opportunity to work with Leslie Arena, our
new VP of Investor Relations. Leslie is an experienced IR professional,
having most recently served as Vice President of Investor Relations and
Corporate Communications at Angie’s List. Prior to that, she led
Investor Relations and Competitive Analysis at Vonage, a leading SaaS
company serving small and medium businesses. She brings a wealth of
relevant experience in technology and communications companies and will
be a great addition to our team.”

Company Outlook:

The Company has updated its outlook for the fourth quarter 2017:

Revenue in the range of $36.5 million to $38 million.
Adjusted EBITDA in the range of $7.5 million to $9.5 million.

The Company has updated its outlook for the full year 2017:

Revenue in the range of $120.1 million to $121.6 million.
Adjusted EBITDA in the range of $28.6 million to $30.6 million.

Webcast and Conference Call Details

Management will host a webcast and conference call to discuss third
quarter 2017 financial results today, November 8, 2017 at 4:30 p.m.
Eastern time. To access the call dial 877-329-7568 (US and Canada) or +1
719-785-1766 (International) and when prompted provide the participant
passcode 9957559 to the operator. In addition, a webcast of the
conference call will be available live on the Investor Relations section
of the Company’s website at www.themeetgroup.com
and a replay of the webcast will be available for 90 days.

About The Meet Group

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 total revenue and mobile revenue will
continue to grow, whether our adjusted EBITDA will continue to grow,
whether our live video product will be the most exciting new
monetization feature in our history, whether we will continue to build a
tremendous pipeline of live video products across our portfolio of
brands, whether our strong product pipeline and expanded portfolio of
brands will help us create more predictable and user-generated revenue
streams, whether implementing efficiencies and cost savings initiatives
will drive further leverage in our operating model, whether Jim Bugden
will succeed as Interim CFO, and whether we will meet our fourth quarter
and year end revenue and adjusted EBITDA guidance. 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, 2016 filed with the SEC on March 9,
2017, our Quarterly Reports on Form 10-Q for the quarters ended March
31, 2017 and June 30, 2017 filed with the SEC on May 10, 2017 and August
4, 2017, respectively, and our Current Report on Form 8-K filed with the
SEC on September 20, 2017. 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.

Regulation G – Non-GAAP Measures

The Company defines mobile traffic and engagement metrics (including
MAU, DAU, chats per day, and new users per day) to include mobile app
traffic for all properties and mobile web traffic for MeetMe and Skout.

The Company uses Adjusted EBITDA and Non-GAAP Net Income, which are not
calculated and presented in accordance with U.S. generally accepted
accounting principles (“GAAP”), in evaluating its financial and
operational decision making and as a means to evaluate period-to period
comparison. The Company uses these non-GAAP financial measures for
financial and operational decision-making and as a means to evaluate
period-to-period comparisons. The Company presents these non-GAAP
financial measures because it believes them to be an important
supplemental measure of performance that is commonly used by securities
analysts, investors and other interested parties in the evaluation of
companies in our industry. We refer you to the reconciliations below.

The Company defines Adjusted EBITDA as earnings (or loss) from
operations before interest expense, benefit or provision for income
taxes, depreciation and amortization, stock-based compensation, warrant
obligations, non-recurring acquisition, restructuring or other expenses,
gain or loss on cumulative foreign currency translation adjustment, gain
on sale of asset, bad debt expense outside the normal range, and
goodwill and long-lived asset impairment charges. The Company excludes
stock-based compensation because it is non-cash in nature. The Company
defines Non-GAAP Net Income as earnings (or loss) before benefit or
provision for income taxes, amortization of intangibles, non-recurring
acquisition and restructuring costs, bad debt expense outside the normal
range, and non-cash stock based compensation.

Non-GAAP financial measures should not be considered as an alternative
to net income, operating income, cash flow from operating activities, as
a measure of liquidity or any other financial measure. They may not be
indicative of the historical operating results of the Company nor is it
intended to be predictive of potential future results. Investors should
not consider non-GAAP financial measures in isolation or as a substitute
for performance measures calculated in accordance with GAAP.


THE MEET GROUP, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(UNAUDITED)

	September 30,			December 31,
	2017			2016
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	24,642,002		$	21,852,531
Accounts receivable, net of allowance of $451,000 and $283,000, at September 30, 2017 and December 31, 2016, respectively		22,680,468			23,737,254
Prepaid expenses and other current assets		2,131,095			1,489,267
Total current assets		49,453,565			47,079,052

Restricted Cash		894,305			393,484
Goodwill		150,088,783			114,175,554
Property and equipment, net		3,360,015			2,466,110
Intangible assets, net		34,858,106			17,010,565
Deferred taxes		32,501,672			28,253,827
Other assets		918,248			110,892
Total assets	$	272,074,694		$	209,489,484

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	4,904,223		$	5,350,336
Accrued liabilities		13,926,046			8,395,060
Current portion of capital lease obligations		18,901			221,302
Deferred revenue		1,127,610			434,197
Total current liabilities		19,976,780			14,400,895
Total liabilities		19,976,780			14,400,895

STOCKHOLDERS’ EQUITY:
Preferred stock, $.001 par value; authorized – 5,000,000 Shares at September 30, 2017 and December 31, 2016; 0 shares issued and outstanding at September 30, 2017 and December 31, 2016		–			–
Common stock, $.001 par value; authorized – 100,000,000 Shares; 71,804,766 and 58,945,607 issued and outstanding at September 30, 2017 and December 31, 2016, respectively		71,808			58,949
Additional paid-in capital		405,345,104			351,873,801
Accumulated deficit		(153,318,998	)		(156,844,161	)
TOTAL STOCKHOLDERS’ EQUITY		252,097,914			195,088,589
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	272,074,694		$	209,489,484


THE MEET GROUP, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(UNAUDITED)

	Three Months Ended September 30,						Nine Months Ended September 30,
		2017			2016			2017			2016

Revenues	$	32,246,472		$	17,191,261		$	83,634,737		$	46,901,923

Operating costs and expenses:
Sales and marketing		4,600,148			3,228,262			14,305,498			8,776,029
Product development and content		16,021,977			5,808,449			41,006,376			17,730,610
General and administrative		5,021,739			2,215,727			13,044,965			6,431,486
Depreciation and amortization		2,969,570			761,460			7,619,584			2,266,642
Acquisition and restructuring		3,378,838			467,777			8,648,692			1,628,126
Total operating costs and expenses		31,992,272			12,481,675			84,625,115			36,832,893

Income (loss) from operations		254,200			4,709,586			(990,378	)		10,069,030

Other income (expense):
Interest income		1,374			7,135			5,344			18,697
Interest expense		(244,361	)		(4,123	)		(421,947	)		(16,228	)
Change in warrant liability		–			(318,983	)		–			(864,596	)
Gain (loss) on foreign currency adjustment		9,357			(1,206	)		(2,072	)		33,347
Total other expense		(233,630	)		(317,177	)		(418,675	)		(828,780	)

Income (loss) before income taxes		20,570			4,392,409			(1,409,053	)		9,240,250
Benefit from income taxes		2,202,152			–			4,934,216			27,125,446
Net income	$	2,222,722		$	4,392,409		$	3,525,163		$	36,365,696

Basic and diluted net income per common stockholders:
Basic net income per common stockholders	$	0.03		$	0.08		$	0.05		$	0.73
Diluted net income per common stockholders	$	0.03		$	0.07		$	0.05		$	0.65

Weighted average shares outstanding:
Basic		71,800,274			53,231,369			67,711,324			49,649,221
Diluted		76,078,563			59,048,821			72,425,863			55,604,866

Comprehensive income	$	2,222,722		$	4,392,409		$	3,525,163		$	36,365,696


THE MEET GROUP, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP NET INCOME TO ADJUSTED EBITDA
(UNAUDITED)

	Three Months Ended September 30,					Nine Months Ended September 30,
		2017			2016		2017			2016

Net income	$	2,222,722		$	4,392,409	$	3,525,163		$	36,365,696

Interest expense		244,361			4,123		421,947			16,228
Change in warrant liability		–			318,983		–			864,596
Benefit from income taxes		(2,202,152	)		–		(4,934,216	)		(27,125,446	)
Depreciation and amortization		2,969,570			761,460		7,619,584			2,266,642
Stock-based compensation expense		2,299,696			911,490		5,802,046			2,554,842
Acquisition and restructuring		3,378,838			467,777		8,648,692			1,628,126
(Gain) loss on foreign currency adjustment		(9,357	)		1,206		2,072			(33,347	)
Adjusted EBITDA	$	8,903,678		$	6,857,448	$	21,085,288		$	16,537,337


GAAP basic net income per common stockholders	$	0.03		$	0.08	$	0.05		$	0.73
GAAP diluted net income per common stockholders	$	0.03		$	0.07	$	0.05		$	0.65
Basic adjusted EBITDA per common stockholders	$	0.12		$	0.13	$	0.31		$	0.33
Diluted adjusted EBITDA per common stockholders	$	0.12		$	0.12	$	0.29		$	0.30

Weighted average shares outstanding
Basic		71,800,274			53,231,369		67,711,324			49,649,221
Diluted		76,078,563			59,048,821		72,425,863			55,604,866


THE MEET GROUP, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP NET INCOME TO NON-GAAP NET INCOME
(UNAUDITED)

	Three Months Ended September 30,					Six Months Ended June 30,
		2017			2016		2017			2016

GAAP Net Income	$	2,222,722		$	4,392,409	$	3,525,163		$	36,365,696

Stock-based compensation expense		2,299,696			911,490		5,802,046			2,554,842
Amortization of intangibles		2,378,152			381,916		5,982,459			1,142,583
Benefit from income taxes		(2,202,152	)		–		(4,934,216	)		(27,125,446	)
Acquisition and restructuring		3,378,838			467,777		8,648,692			1,628,126
Non-GAAP net Income	$	8,077,256		$	6,153,592	$	19,024,144		$	14,565,801


GAAP basic net income per common stockholder	$	0.03		$	0.08	$	0.05		$	0.73
GAAP diluted net income per common stockholder	$	0.03		$	0.07	$	0.05		$	0.65
Basic Non-GAAP net income per common stockholder	$	0.11		$	0.12	$	0.28		$	0.29
Diluted Non-GAAP net income per common stockholder	$	0.11		$	0.10	$	0.26		$	0.26

Weighted average shares outstanding
Basic		71,800,274			53,231,369		67,711,324			49,649,221
Diluted		76,078,563			59,048,821		72,425,863			55,604,866

View source version on businesswire.com: http://www.businesswire.com/news/home/20171108006458/en/

Investor Contact:
The Blueshirt Group
Allise Furlani or
Brinlea Johnson
212-331-8433
IR@Themeetgroup.com
or
Media
Contact:
The Meet Group, Inc.
Brandyn Bissinger,
267-446-7010
bbissinger@themeetgroup.com

Source: The Meet Group, Inc.

The Meet Group Changes the Date of its Third Quarter 2017 Conference Call to November 8 at 4:30 p.m. Eastern Time

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the
mobile meeting space, today announced that due to a scheduling conflict,
management will now host its conference call on Wednesday, November 8,
2017 at 4:30 p.m. ET to discuss details and answer questions about the
company’s financial results for the third quarter ended September 30,
2017.

The Meet Group’s financial results will be issued in a press release
after the close of market on November 8^th and prior to the
call, which will be hosted by The Meet Group’s Chief Executive Officer,
Geoff Cook, and Chief Financial Officer, David Clark.

What:			The Meet Group third quarter 2017 financial results conference call

When:			Wednesday, November 8th, at 4:30 p.m. Eastern Time (1:30 p.m. PT)

Dial In Number:			877-329-7568 (US and Canada)
			719-785-1766 (International)
			Participant passcode: 9957559

Webcast:			To access the live and replay webcast, please visit the investor relations section of The Meet Group’s investor website at http://www.themeetgroup.com.

Call Replay:			A phone replay of the call will be available approximately two hours following the end of the call until 5:00 p.m. ET on Wednesday, November 15, 2017. To access the replay dial-in information, please click here.

About The Meet Group

View source version on businesswire.com: http://www.businesswire.com/news/home/20171025006188/en/

Investor Contact:
The Blueshirt Group
Allise Furlani or
Brinlea Johnson
212-331-8433
IR@Themeetgroup.com

Source: The Meet Group, Inc.

The Meet Group’s CEO Geoff Cook to Speak at NOAH17 London Conference

NEW HOPE, Pa.–(BUSINESS WIRE)–
Geoff Cook, CEO of The
Meet Group, Inc., will participate in the “The Future of Online
Dating” panel at the NOAH17 London Conference, an event that provides a
platform for leaders of the digital economy to meet and interact.

This press release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20171024005502/en/

The Meet Group’s CEO Geoff Cook (Photo: Business Wire)

“We’ve just closed our third acquisition in twelve months with LOVOO, a
leading European dating app and the most downloaded one in Germany,
Switzerland and Austria combined,” said Cook. “I’m excited to share our
view of the industry’s future with attendees at the conference. We
believe the future of dating belongs to livestreaming.”

Launched in 2009, the NOAH
Conference has grown into a preeminent European event with a diverse
audience of entrepreneurs, investors, corporate executives, and
journalists.

More than two thousand senior executives are expected to gather in Old
Billingsgate, London on November 2 – 3, 2017, with the mission of
connecting with each other to empower and encourage growth within the
European digital ecosystem.

Cook is scheduled to join panelists from Parship Elite Group and Elite
Singles at 12:00 pm – 12:25 pm on November 3, 2017. Learn more about the NOAH17
London Conference here.

About The Meet Group

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 the future of dating belongs to livestreaming.
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, 2016 filed with the SEC on March 9, 2017, our Quarterly
Report on Form 10-Q for the quarter ended March 31, 2017 filed with the
SEC on May 10, 2017, and the Form 8-K filed with the SEC on September
20, 2017. 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/20171024005502/en/

The Meet Group, Inc.
Brandyn Bissinger, 267-446-7010
bbissinger@themeetgroup.com

Source: The Meet Group, Inc.

The Meet Group Announces Closing of Lovoo Acquisition

Company Announces Third Quarter 2017 Earnings Conference Call

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the
mobile meeting space, has completed its acquisition of Lovoo GmbH. The
LOVOO app is the most downloaded dating app in Germany, Switzerland, and
Austria combined.

This press release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20171019006572/en/

The Meet Group anticipates this purchase will continue the momentum of
its mission to meet the universal need for human connection through
innovating, acquiring, and building the largest mobile portfolio of
brands for meeting new people.

The acquisition is expected to expand The Meet Group’s global footprint,
increase the company’s scale and profitability, and diversify its
business model by adding expertise in subscription and in-app purchasing.

“LOVOO is our third strategic acquisition in the last 12 months, and
we’re looking forward to advancing our combined company’s growth,” said
Geoff Cook, CEO of The Meet Group. “We plan to continue to focus on
innovating products that increase engagement across our entire portfolio
of brands, including livestreaming video and in-app gifting. LOVOO’s
sizable European audience and subscription focus give us greater revenue
and geographic diversification, and we’re excited to add them to the
portfolio.”

In connection with the closing of the acquisition, The Meet Group
granted restricted stock awards representing an aggregate of 534,500
shares of common stock to 97 Lovoo employees as an inducement material
to their employment. Each restricted stock award vests one-third each
year during a three-year vesting period. Vesting is subject to continued
employment. The grants were approved by the company’s Board of
Directors, including a majority of its independent directors, and were
made in accordance with NASDAQ Listing Rule 5635(c)(4).

Earnings Conference Call and Audio Webcast Notification

The Meet Group will host a conference call on Wednesday, November 1,
2017 at 8:30 a.m. ET to discuss details and answer questions about the
company’s financial results for the third quarter ended September 30,
2017.

The Meet Group’s financial results will be issued in a press release
before the market open on November 1 and prior to the call, which will
be hosted by The Meet Group’s Chief Executive Officer, Geoff Cook, and
Chief Financial Officer, David Clark.


What:			The Meet Group third quarter 2017 financial results conference call

When:			Wednesday, November 1, at 8:30 a.m. Eastern Time (5:30 a.m. PT)

Dial In Number:			800-441-0022 (US and Canada)
			719-457-2627 (International)
			Participant passcode: 9957559

Webcast:			To access the live and replay webcast, please visit the investor relations section of The Meet Group’s investor website at http://www.themeetgroup.com.

Call Replay:			A phone replay of the call will be available approximately two hours following the end of the call until 11:30 a.m. ET on Wednesday, November 8, 2017. To access the replay dial-in information, please click here.

About The Meet Group

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 the acquisition of LOVOO will continue the
momentum of our mission to meet the universal need for human connection
through innovating, acquiring, and building the largest mobile portfolio
of brands for meeting new people, whether the acquisition will expand
our global footprint, increase our scale and profitability, and
diversify our business model by adding expertise in subscription and
in-app purchasing, whether the acquisition will advance our combined
company’s growth, whether we will continue to focus on innovating
products that increase engagement across our entire portfolio of brands,
including livestreaming video and in-app gifting, and whether LOVOO’s
sizable European audience and subscription focus will give us greater
revenue and geographic diversification. 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, 2016 filed with the SEC on March 9,
2017, our Quarterly Report on Form 10-Q for the quarter ended March 31,
2017 filed with the SEC on May 10, 2017, and the Form 8-K filed with the
SEC on September 20, 2017. 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/20171019006572/en/

The Meet Group, Inc.
Brandyn Bissinger, 267-446-7010
bbissinger@themeetgroup.com
or
Investor
Contact:
The Blueshirt Group
Allise Furlani or Brinlea
Johnson
212-331-8433
IR@Themeetgroup.com

Source: The Meet Group, Inc.

The Meet Group Wins a Spot on the Soaring 76 – Greater Philadelphia’s List of Fastest Growing Public Companies

PHILADELPHIA–(BUSINESS WIRE)–
The
Meet Group, a fast-growing portfolio of mobile connection apps, has
been named one of the 76 fastest growing companies by the Philadelphia
Business Journal. Prestigious companies from across the region were
selected by revenue growth over a three-year period from 2014 to 2016.

This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170928006175/en/

“Greater Philadelphia’s economy is increasingly diverse and dynamic,”
said Philadelphia Business Journal Publisher Sandy
Smith. “We consider it a crucial part of our mission to identify and
recognize the companies driving our region’s growth.”

The Philadelphia Business Journal crunched the revenue numbers from all
public companies who qualified and were headquartered in Greater
Philadelphia using Securities and Exchange Commission filings.

“We’ve had a busy and productive couple of years. We closed two
acquisitions in the last 12 months, and look forward to closing our
third, of Lovoo, in October,” said Geoff Cook, CEO of The Meet Group.
“We have also executed on an aggressive product pipeline, launching Live
video on our MeetMe, Skout, and Tagged apps. We’re honored to be
included on the Soaring 76, and we’re looking forward to continued
growth in 2017 and beyond.”

All 76 companies who made the list will find out their ranking at a
special event held at the SugarHouse
Casino on Sept. 28, 2017. The Meet Group will also be recognized in
a feature report in the Sept. 29, 2017, weekly edition of the
Philadelphia Business Journal.

About The Meet Group

The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Our apps –
currently MeetMe®, Skout®, Tagged®, and Hi5® – let users in more than
100 countries chat, share photos, stream live video, and discuss topics
of interest, and are available on iPhone, iPad, and Android in multiple
languages. Using innovative products and sophisticated data science, The
Meet Group keeps its over 2.5 million mobile daily active users engaged
and originates untold numbers of casual chats, friendships, dates, and
marriages. The Meet Group offers advertisers the opportunity to reach
customers on a global scale and has leading mobile monetization
strategies. The Meet Group has offices in New Hope, Pennsylvania,
Philadelphia and San Francisco. For more information, visit themeetgroup.com,
or follow us on Twitter or LinkedIn.

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 rates of revenue growth; whether we will
close the Lovoo acquisition as anticipated; and whether we will achieve
continued growth in 2017 and beyond. 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, 2016 filed with the SEC on March 9, 2017
and our Quarterly Report on Form 10-Q for the quarter ended March 31,
2017 filed with the SEC on May 10, 2017. 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/20170928006175/en/

The Meet Group
Brandyn Bissinger, 267-446-7010
bbissinger@themeetgroup.com

Source: The Meet Group

The Meet Group’s Jim Bugden Presents at GDI London Dating Conference

PHILADELPHIA–(BUSINESS WIRE)–
Jim Bugden, SVP of Corporate Development at The
Meet Group, has been invited to speak at the third annual Global
Dating InsightsLondon conference that brings together the
international industry for a day of talks, debate and networking on
Thursday, September 28, 2017.

This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170927005131/en/

The Meet Group’s Jim Bugden Presents at GDI London Dating Conference (Photo: Business Wire)

Bugden plans to talk on consolidation in a fragmented landscape on the
heels of The Meet Group’s recent acquisition announcement of Lovoo, a
leading European dating app. Bugden will give attendees an overview of
The Meet Group’s strategy and approach to building a portfolio through
acquisitions and provide a market update on activity and trends in the
industry.

“Last week we signed an agreement to purchase Lovoo, our third strategic
acquisition in the last 12 months,” said Jim Bugden, SVP of The Meet
Group. “I’m excited to have the opportunity to share some of my
learnings, insights and experiences from the past year with this group.”

Bugden will share the stage with mobile app thought leaders from Tinder,
Facebook, and Microsoft. The one-day conference runs from 10am – 4pm at
The Grange, St Paul’s in London, and concludes with a networking event
at 4pm.

You can purchase tickets and see the full agenda here: https://globaldatinginsights.com/gdi-london-dating-conference-2017/

About The Meet Group

The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Our apps –
currently MeetMe®, Skout®, Tagged®, and Hi5® – let users in more than
100 countries chat, share photos, stream live video, and discuss topics
of interest, and are available on iPhone, iPad,
and Android in
multiple languages. Using innovative products and sophisticated data
science, The Meet Group keeps its over 2.5 million mobile daily active
users engaged and originates untold numbers of casual chats,
friendships, dates, and marriages. The Meet Group offers advertisers the
opportunity to reach customers on a global scale and has leading mobile
monetization strategies. The Meet Group has offices in New Hope,
Pennsylvania, Philadelphia, and San Francisco. For more information,
visit themeetgroup.com,
or follow us on Twitter or LinkedIn.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170927005131/en/

The Meet Group
Press Contact:
Brandyn Bissinger
267-446-7010
bbissinger@themeetgroup.com

Source: The Meet Group

Philly New Technology Meetup Welcomes The Meet Group’s Catherine Cook Connelly as Guest Speaker

PHILADELPHIA–(BUSINESS WIRE)–
The Philly New Technology Meetup is kicking off its September meetup by
focusing on women in technology and The
Meet Group’s VP of Brand Strategy, Catherine Cook Connelly, will
talk about how she uses data and analytics every day in her role at The
Meet Group.

This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170926006567/en/

Philly New Technology Meetup Welcomes The Meet Group’sCatherine Cook Connelly as Guest Speaker (Photo: Business Wire)

Catherine will do a short demo and afterwards participate in a panel
discussion with representatives from Etsy, Neo4j, and Radian on
Wednesday, September 27, 2017, from 5:30 pm – 7:45 pm ET at the
Philly.com building on 8^th and Market Street.

“I’m excited to speak alongside these incredible women and share how we
use data to inform decisions at The Meet Group,” said Catherine Cook
Connelly, VP of Brand Strategy for The Meet Group. “Though it is
impossible to have all of the data we want, our goal is to track
everything we can to improve and monitor retention, engagement, and user
acquisition efforts.”

The Philly New Technology Meetup supports the vibrant and growing
Philadelphia tech community by helping to build a sustainable technology
industry that drives innovation, economic growth, and creates positive
change for our local communities. This innovative talk will explore how
the panelists entered into the data profession, what types of data
technology they currently use in their positions, and how the impact of
cultural and gender-based issues have affected their careers.

The speakers are women, but the program is for everyone in tech and
data. The event is free and open to the public. For more information,
please visit: https://www.meetup.com/Philly-New-Tech-Meetup/events/239992746/

About The Meet Group

The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Our apps –
currently MeetMe®, Skout®, Tagged®, and Hi5® – let users in more than
100 countries chat, share photos, stream live video, and discuss topics
of interest, and are available on iPhone, iPad,
and Android in
multiple languages. Using innovative products and sophisticated data
science, The Meet Group keeps its over 2.5 million mobile daily active
users engaged and originates untold numbers of casual chats,
friendships, dates, and marriages. The Meet Group offers advertisers the
opportunity to reach customers on a global scale and has leading mobile
monetization strategies. The Meet Group has offices in New Hope,
Pennsylvania, Philadelphia, and San Francisco. For more information,
visit themeetgroup.com,
or follow us on Twitter or LinkedIn.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170926006567/en/

The Meet Group
Brandyn Bissinger, 267-446-7010
bbissinger@themeetgroup.com

Source: The Meet Group

Philadelphia and San Francisco Timmy Awards Selects The Meet Group as a Best Tech Workplace for Diversity Finalist

Tech in Motion names top 10 local companies in tech

PHILADELPHIA & SAN FRANCISCO–(BUSINESS WIRE)–
The
Meet Group has been named a finalist in both Philadelphia and San
Francisco for the “Best Technology Workplace for Diversity” category at
the Second Annual Timmy Awards. The award recognizes the top workplaces
for tech professionals, and The Meet Group, a fast-growing portfolio of
mobile apps designed to meet the universal need for human connection,
has been selected to join a list of notable finalists chosen from a
field of more than 100 nominees.

This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170921006056/en/

“We’re honored to be recognized in this list because diversity is
important to our success and growth,” said Geoff Cook, CEO of The Meet
Group. “It helps make The Meet Group a better place to work, and helps
us serve our diverse user base.”

The winners will be chosen through a panel of expert judges and
community votes. Award winners will be announced live at Philadelphia’s
Timmy Awards on September 27^th and San
Francisco’s Timmy Awards on September 21^st, where members
of the tech community can attend for free and meet the finalists.

“Since the Timmy Awards were created in 2015, over 400 finalists have
been celebrated for creating work environments that enable growth in the
technology of various industries,” said Mandy Walker, Director of
Marketing for the Timmy
Awards. “These awards are aimed at celebrating companies and
managers that make that technological innovation possible.”

Previous winners have included innovators such as LearnVest, Venmo, Trip
Advisor and many more. For details on the event, past winners, or the
Timmy Awards in all 10 cities they take place in, click
here.

About The Meet Group

View source version on businesswire.com: http://www.businesswire.com/news/home/20170921006056/en/

The Meet Group
Brandyn Bissinger, 267-446-7010
bbissinger@themeetgroup.com

Source: The Meet Group

The Meet Group to Acquire LOVOO

Acquisition Projected to Increase The Meet Group’s Audience to more
than 15 Million Mobile Monthly Active Users
LOVOO expected to be The Meet Group’s Single Most Trafficked App
Expected to Diversify The Meet Group’s Mobile Revenue, More Than
Doubling International, Subscription, and In-App Purchasing Revenue
Expected to be Accretive to Non-GAAP Earnings Per Share in 2018 and
Beyond
Funded with Existing Cash and an Increase of the Company’s Existing
Debt Facility

NEW HOPE, Pa.–(BUSINESS WIRE)–
The
Meet Group, Inc. (NASDAQ:MEET), a public market leader in the mobile
meeting space, today announced it has executed a definitive agreement to
acquire LOVOO, a social dating app, for $70 million in cash, inclusive
of a $5 million contingent earn-out. This acquisition furthers The Meet
Group’s strategy to innovate, acquire, and build the largest mobile
portfolio of brands for meeting new people. The LOVOO acquisition is
expected to expand The Meet Group’s global footprint, increase the
company’s scale and profitability, and diversify its business model by
adding expertise in subscription and in-app purchasing.

This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170920005645/en/

LOVOO is a social and mobile technology company based in Germany:

The #1 Dating App in German speaking countries (Germany, Switzerland
and Austria) in terms of app store downloads. Top 3 in Southern Europe
(Italy, Spain and France)
Trailing twelve-month revenue of €27.2 million or $32.4 million based
on current exchange rates
Diversified revenue streams: Subscriptions 48%; In-app Purchases 24%;
Ads 28%
Expected to represent The Meet Group’s largest single app in terms of
traffic
- Approximately 5 million monthly active users (MAU) and 1.9 million
  daily active users (DAU)
47,000 new global registrations per day
97 Full-time employees – Dresden and Berlin

Key highlights of the expected scale of The Meet Group plus LOVOO
include:

Projected Mobile MAU of 15.8 million, an increase of 48% from The Meet
Group’s 10.7 million average in Q2 2017
Projected Mobile DAU of 4.6 million, an increase of 71% from The Meet
Group’s 2.7 million average in Q2 2017
Projected Mobile chats sent per day of 74.6 million, an increase of
19.9% from The Meet Group’s 62.2 million average in Q2 2017
Projected Mobile new users per day of 193,000, an increase of 32% from
The Meet Group’s 146,000 per day average in Q2 2017

Financial impact of acquisition:

Expected to provide significantly increased scale in user base and
revenues
Expected to diversify the Company’s revenue mix, increasing
international mobile revenue by 169% and increasing mobile
non-advertising revenue by 168% in Q2 on pro-forma combined basis
Expect acquisition to be accretive to the Company’s non-GAAP EPS in
2018 and beyond
Expect transaction to be financed with existing cash on hand and a
non-dilutive increase to $80 million of the Company’s existing debt
facility, with JPMorgan Chase Bank, N.A. and Silicon Valley Bank
acting as co-lead agents

Geoff Cook, CEO of The Meet Group, said, “We are very excited to expand
our global footprint and add LOVOO to our portfolio of apps. LOVOO is
our third strategic acquisition in the last 12 months and will represent
our largest single app in terms of traffic. We are focused on
accelerating growth across our portfolio of brands through innovating
our livestreaming video product and sharing best practices in
monetization and engagement across the portfolio.”

The Company expects that LOVOO will remain a separate brand and
standalone mobile application following the closing of the acquisition,
and that LOVOO’s headquarters will remain in Dresden, Germany. The
Company has extended offers to all of LOVOO’s 97 full time employees.
LOVOO’s Co-Founder and CEO Benjamin Bak has agreed to assist with the
transition for six months after closing. Effective upon closing, Florian
Braunschweig, current COO and Co-Founder, has agreed to take over
leadership of LOVOO as the new General Manager and Managing Director.
The rest of the LOVOO management team is expected to remain in place.

David Clark, Chief Financial Officer of The Meet Group, added, “We
expect the acquisition to close in October 2017, to be accretive to
non-GAAP EPS and to generate additional free cash flow for The Meet
Group in 2018 and beyond. This acquisition is expected to help further
diversify our revenue streams with 48% of LOVOO’s revenue coming from
subscriptions and 24% from in-app purchasing.”

Morgan, Lewis & Bockius LLP is serving as legal counsel to The Meet
Group.

Webcast and Conference Call Details

Management will host a webcast and conference call today, September 20,
2017 at 11:00 a.m. Eastern time to discuss the acquisition. To access
the call dial 888-461-2021 (US and Canada) (+1 719-325-2111 outside the
United States and Canada) and when prompted provide the participant
passcode 4996344 to the operator. In addition, a webcast of the
conference call will be available live on the Investor Relations section
of the Company’s website at www.themeetgroup.com
and a replay of the webcast will be available for 90 days.

About The Meet Group

The Meet Group (NASDAQ:MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Using
innovative products and sophisticated data science, The Meet Group keeps
its approximately 2.7 million mobile daily active users engaged and
originates untold numbers of casual chats, friendships, dates, and
marriages. The Meet Group offers advertisers the opportunity to reach
customers on a global scale with hundreds of millions of daily mobile ad
impressions. The Meet Group utilizes high user density, economies of
scale, and leading monetization strategies with the goal of maximizing
adjusted EBITDA. The Company’s apps – currently MeetMe®, Skout®,
Tagged®, and Hi5® – let users in more than 100 countries chat, share
photos, stream live video, and discuss topics of interest, and are
available on iPhone, iPad, and Android in multiple languages. For more
information, please visit http://www.themeetgroup.com.

About LOVOO

Founded in 2012, LOVOO is
a leading European dating app and the largest German-speaking dating app
by downloads. The privately held company is based in Dresden and Berlin,
Germany, and is available in 15 languages to its 1.9 million mobile
daily active users. LOVOO changes people’s lives by changing how they
meet through innovative location-based algorithms and app radar features
helping people find successful matches. Learn more about LOVOO by
visiting LOVOO.com,
downloading the app on iPhone or Android, subscribing to the LOVOO blog,
or following LOVOO on Twitter and Facebook.

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 the acquisition of LOVOO furthers the Company’s
strategy to innovate, acquire and build the largest mobile portfolio of
brands for meeting new people; whether the acquisition of LOVOO will
expand the Company’s global footprint, increase the Company’s scale and
profitability, and diversify the business model by adding expertise in
subscription and in-app purchasing; whether LOVOO will be The Meet
Group’s largest app in terms of traffic and its single most trafficked
app; whether LOVOO will diversify The Meet Group’s mobile revenue and
more than double its international, subscription and in-app purchasing
revenue; whether the combined company will achieve the Company’s
expected scale with regard to MAU, DAU, mobile chats sent per day and
new mobile users per day; whether the acquisition of LOVOO will
significantly increase the Company’s user base and revenues, diversify
the revenue mix, be accretive to non-GAAP earnings per share in 2018 and
beyond; whether the acquisition will be funded with existing cash on
hand and an increase in the Company’s existing debt facility; whether
LOVOO will remain a separate brand and standalone mobile application
following the closing of the acquisition; whether Florian Braunschweig
will take over leadership of LOVOO effective at the Closing; whether the
LOVOO management team will remain in place after the closing; whether
LOVOO headquarters will remain in Dresden, Germany; whether and when the
acquisition of LOVOO will close; and whether the acquisition will
generate free cash flow for the Company in 2018 and beyond. 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, 2016 filed with the SEC on March 9, 2017
and our Quarterly Report on Form 10-Q for the quarter ended March 31,
2017 filed with the SEC on May 10, 2017. 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.

Regulation G – Non-GAAP Financial Measures

This press release includes a discussion of Adjusted EBITDA from
continuing operations which is a non-GAAP financial measure. For
completed fiscal periods, reconciliations to the most directly
comparable GAAP financial measures are provided in the Investors section
of our corporate website, www.meetmecorp.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170920005645/en/

MEET Investor Contact:
The
Blueshirt Group
Allise Furlani or Brinlea Johnson
212-331-8433
IR@Themeetgroup.com
or
MEET
Press Contact:
Brandyn Bissinger
267-446-7010
bbissinger@themeetgroup.com

Source: The Meet Group, Inc.

Catherine Cook Connelly To Speak at App Valley 2017 Conference

NEW HOPE, Pa.–(BUSINESS WIRE)–
The
Meet Group’sCatherine Cook Connelly will be speaking at App Valley
in San Francisco on two-panel sessions, “A Fireside Chat featuring
Catherine Cook Connelly” and “Please Love Us – User Activation,
Retention, & Engagement.”

This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170907006511/en/

The Meet Group’s Catherine Cook Connelly will be speaking at App Valley in San Francisco on two mobile app panels September 13, 2017. (Photo: Business Wire)

App Valley is scheduled to kick off September 13, 2017, with key
partners Mobile World Congress Americas, Appnext, Tune, and Fetch. The
full day event brings together top industry decision makers and
entrepreneurs to meet, learn, contribute, and take an active part in the
conversation about the future of mobile apps.

“I’m looking forward to talking about the evolving industry of mobile
with some of the most influential technology strategists in the
business,” said Connelly, VP of Brand Strategy at The Meet Group. ”Since
co-founding myYearbook at fifteen, I’ve had the opportunity to learn
what works and what doesn’t for keeping users engaged, and I am so
excited to share those insights with attendees.”

Catherine will kick the morning off with a sit-down fireside chat, where
she’ll talk in depth about her experiences at The Meet Group and speak
to the future of dating apps.

Later, she will join a panel to discuss user activation, retention, and
engagement. The panel members, scheduled to include representatives of
Grow.co, Pinterest, and Expedia, will explore what has changed over the
years and provide tips on how to cope with those changes. Other topics
include, how to attract users, which engagement methods work the best,
and how to compete in a saturated market.

Panel Schedule Times:

Fireside
chat featuring Catherine Cook Connelly, MeetMe
11:15am – 11:35am

Please
Love Us – User Activation, Retention & Engagement
3:15pm –
3:45pm

For more information about the event visit: https://events.bizzabo.com/205034/home

About The Meet Group

View source version on businesswire.com: http://www.businesswire.com/news/home/20170907006511/en/

The Meet Group
Brandyn Bissinger, 267-446-7010
bbissinger@themeetgroup.com

Source: The Meet Group

The Meet Group Appoints Mr. Bedi A. Singh to its Board of Directors

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced it has appointed Mr. Bedi A. Singh to The
Meet Group’s Board of Directors effective September 5, 2017. Mr. Singh
brings more than 25 years of public company operating and financial
experience to The Meet Group, most recently in his former role as CFO of
News Corporation.

“Bedi’s extensive experience serving as both a board member and operator
for media, entertainment and technology companies makes him a natural
fit for the Board,” said Geoff Cook, Chief Executive Officer of The Meet
Group. “His financial and public company expertise, combined with his
international experience, will serve The Meet Group well as we seek to
build on our strategy to monetize and grow our portfolio of apps
worldwide and drive increased shareholder value.”

Prior to News Corp., Mr. Singh served as Co-CEO, President & CFO of MGM
Studios, CFO of Gemstar-TV Guide, CFO of Novartis Pharma A.G. and CFO of
SONY Pictures Entertainment. Prior to 2000, he held a number of senior
finance positions at 21^st Century Fox, including at News
International plc (now known as News UK) and Fox Filmed Entertainment.

Mr. Singh has served on the Loews Cineplex Board of Directors, the North
American Advisory Board for the London School of Economics, and the
Advisory Boards of Move Inc. and MCAP Fund Investments. Mr. Singh is a
Fellow of the UK Institute of Chartered Accountants, a graduate of the
PMD program from Harvard Business School and started his business career
with Arthur Andersen in London.

Seiden Krieger Associates, Inc., an independent search firm, assisted
The Meet Group in the identification and evaluation of independent
director candidates, including Mr. Singh.

About The Meet Group

The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Using
innovative products and sophisticated data science, The Meet Group keeps
its approximately 2.8 million mobile daily active users engaged and
originates untold numbers of casual chats, friendships, dates, and
marriages. The Meet Group offers advertisers the opportunity to reach
customers on a global scale with hundreds of millions of daily mobile ad
impressions. The Meet Group utilizes high user density, economies of
scale, and leading monetization strategies with the goal of maximizing
adjusted EBITDA. Our apps – currently MeetMe®, Skout®, Tagged®, and Hi5®
– let users in more than 100 countries chat, share photos, stream live
video, and discuss topics of interest, and are available on iPhone,
iPad, and Android in multiple languages. For more information, please
visit http://www.themeetgroup.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170905005346/en/

MEET Investor Contact:
The Blueshirt Group
Allise
Furlani or Brinlea Johnson, 212-331-8433
IR@Themeetgroup.com

Source: The Meet Group, Inc.

Tagged Launches Tagged Live

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ:MEET), a public market leader in the
mobile meeting space, today announceda new live-streaming
feature on Tagged,
its leading African-American mobile meeting app. Tagged Live gives users
the ability to broadcast and view live-streamed video and earn and send
virtual gifts. With the launch of this feature, Tagged becomes one of
the largest live-streaming apps focused primarily on an African-American
user base.

This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170815005663/en/

The Meet Group announces new live-streaming and gifting features on its popular mobile app, Tagged. (Graphic: Business Wire)

“Live-streaming is changing the way people communicate and connect
online by encouraging transparency and authenticity,” said Brian
Gerrard, Director of Product Marketing at The Meet Group. “Tagged
understands the value of Black creatives, social media influencers,
comedians and content creators. With Tagged Live we hope to give all of
our users a tool to broadcast and connect with a large audience that is
hungry for streaming content.”

Available now for free on iOS
and Android
devices, Tagged Live is a new way to chill, chat and stream. Users
simply log in and start broadcasting to link up with new people, and
earn virtual gifts like hearts, flowers, chocolates, and even yachts.

About The Meet Group

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 Live-streaming will change the way people
communicate and connect online by encouraging transparency and
authenticity, and whether TaggedLive will give all of our users a tool
to broadcast and connect with a large audience that is hungry for
streaming content. 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, 2016 filed with the SEC on March 9, 2017 and our Quarterly
Report on Form 10-Q for the quarter ended March 31, 2017 filed with the
SEC on May 10, 2017. 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/20170815005663/en/

The Meet Group, Inc.
Brandyn Bissinger, 267-446-7010
bbissinger@themeetgroup.com

Source: The Meet Group, Inc.

The Meet Group to Present at the Canaccord Genuity Growth Conference in Boston

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the
mobile meeting space, today announced that the Company will present and
host one-on-one meetings with institutional investors at the Canaccord
Genuity Growth Conference on Thursday, August 10^th at 8:00
a.m. Eastern Time. The conference is taking place at the
InterContinental in Boston, MA.

The presentation by The Meet Group will be webcast live at http://wsw.com/webcast/strh31/meet and
will be available through a link on the Investor Relations section of
the company’s website at http://www.themeetgroup.com following
the presentation.

About The Meet Group

The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Using
innovative products and sophisticated data science, The Meet Group keeps
its approximately 2.8 million mobile daily active users engaged and
originates untold numbers of casual chats, friendships, dates, and
marriages. The Meet Group offers advertisers the opportunity to reach
customers on a global scale with hundreds of millions of daily mobile ad
impressions. The Meet Group utilizes high user density, economies of
scale, and leading monetization strategies with the goal of maximizing
adjusted EBITDA. Our apps – currently MeetMe®, Skout®, Tagged®, and Hi5®
– let users in more than 100 countries chat, share photos, stream live
video, and discuss topics of interest, and are available
on iPhone, iPad, and Android in multiple languages. For more
information, please visit http://www.themeetgroup.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170804005102/en/

Investor Contact:
The Blueshirt Group
Allise Furlani or
Brinlea Johnson, 212-331-8433
IR@Themeetgroup.com

Source: The Meet Group, Inc.

The Meet Group Reports Second Quarter Financial Results

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the
mobile meeting space, today reported financial results for its second
quarter ended June 30, 2017.

Second Quarter 2017 Financial Highlights

Total revenue of $31.3 million, up 91% year over year.
Mobile revenue of $23.3 million, up 55% year over year.
Adjusted EBITDA of $7.4 million, up 23% year over year, or a 24%
margin.
GAAP net income of $0.9 million, or $0.01 per diluted share. This
compares to net income of $29.6 million, or $0.55 per diluted share,
in the second quarter of 2016, which included a one-time deferred tax
benefit of $27.3 million.
Non-GAAP net income increased 37% year over year to $6.6 million, or
$0.09 per diluted share.
Cash and Cash Equivalents totaled $32.3 million at June 30, 2017.

(See the important discussion about the presentation of non-GAAP
financial measures, and reconciliation to the most direct comparable
GAAP financial measure, below.)

“We are excited to have closed the acquisition of Ifwe Inc. during the
quarter, adding the Tagged and Hi5 mobile apps to our portfolio. We are
also thrilled to have completed the launch of livestreaming video on
MeetMe. Since the time of our Q1 earnings announcement in May, we have
increased daily video minutes 80% to 7.2 million, with more than 20% of
our users watching videos every day. We expect to fully launch
livestreaming video on Tagged and Skout by the end of this quarter,
which we believe will lead to further gains in video engagement.”

“What’s more, given our users’ rapid adoption of video and our
accelerating engagement metrics associated with that, we believe we are
well positioned to take advantage of the high demand for video
advertising inventory and that video reflects a substantial monetization
opportunity. We plan to move swiftly to monetize our video feature. By
the end of this quarter, we expect to launch new banner and native
advertising units within the video experience itself. We also intend to
launch gifting inside of video, which we expect to increase our in-app
purchase revenue. Gifting has proven to be a powerful engine for
monetization on several livestreaming apps, including Momo in China and
Live.me and Live.ly in the US. We believe our users are well suited to
the gifting mechanic, and it is the number one most requested feature
among our broadcasters. We look forward to launching it within the
coming weeks.”

David Clark, Chief Financial Officer of The Meet Group, added, “Our
mobile revenue growth of 55% year over year reflects increases in our
mobile impressions through the acquisitions of Ifwe Inc. and Skout, Inc.
Adjusted EBITDA increased 23% to $7.4 million for the quarter,
representing a 24% adjusted EBITDA margin. We generated $8.0 million in
cash from operations, ending the quarter with $32.3 million cash and
cash equivalents.

Company Outlook:

The Company expects the following outlook for the third quarter 2017:

Revenue in the range of $32 million to $34 million, representing 86 to
98 percent growth
Adjusted EBITDA in the range of $7.5 million to $9.5 million,
representing 9 to 39 percent growth

The Company has updated its outlook for the full year 2017:

Revenue in the range of $121 to $126, representing 50 to 66 percent
growth
Adjusted EBITDA in the range of $32 million to $37 million,
representing 9 to 26 percent growth

David Clark commented: “In our outlook, we have incorporated what we
consider a conservative view on advertising rates reflecting our recent
experience as industry supply growth has been increasing at a faster
pace than demand. We intend to begin monetizing our substantial video
asset within the coming weeks while accelerating the rollout of
higher-end native units across the portfolio, and we believe these
efforts will put us back on the path to rising ARPU.”

Webcast and Conference Call Details

Management will host a webcast and conference call to discuss second
quarter 2017 financial results today, August 3, 2017 at 4:30 p.m.
Eastern time. To access the call dial 888-283-6901 (US and Canada) or +1
719-325-2349 (International) and when prompted provide the participant
passcode 4820998 to the operator. In addition, a webcast of the
conference call will be available live on the Investor Relations section
of the Company’s website at www.themeetgroup.com
and a replay of the webcast will be available for 90 days.

About The Meet Group

The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Using
innovative products and sophisticated data science, The Meet Group keeps
its approximately 2.8 million mobile daily active users engaged and
originates untold numbers of casual chats, friendships, dates, and
marriages. The Meet Group offers advertisers the opportunity to reach
customers on a global scale with hundreds of millions of daily mobile ad
impressions. The Meet Group utilizes high user density, economies of
scale, and leading monetization strategies with the goal of maximizing
adjusted EBITDA. Our apps – currently MeetMe®, Skout®, Tagged®, and Hi5®
– let users in more than 100 countries chat, share photos, stream live
video, and discuss topics of interest, and are available
on iPhone, iPad, and Android in multiple languages. For more
information, please visit http://www.themeetgroup.com.

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 total revenue and mobile revenue will
continue to grow, whether our adjusted EBITDA will continue to grow,
whether and when we will fully launch livestreaming video on Tagged and
Skout, whether the launch of livestreaming video on Tagged and Skout
will lead to further gains in video engagement, whether we are well
positioned to take advantage of the high demand for video advertising
inventory and video reflects a substantial monetization opportunity,
whether we will move swiftly to monetize our video feature, whether and
when we will launch new banner and native advertising units within the
video experience, whether and when we will launch gifting inside of our
video feature, whether our users are well suited to the gifting
mechanic, whether we will meet our third quarter and year end revenue
and adjusted EBITDA guidance, and whether the monetization of our video
asset and acceleration the rollout of higher-end native units across our
portfolio will put us back on the path to rising ARPU. 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, 2016 filed with the SEC on March 9, 2017
and our Quarterly Report on Form 10-Q for the quarter ended March 31,
2017 filed with the SEC on May 10, 2017. 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.

Regulation G – Non-GAAP Measures


THE MEET GROUP, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(UNAUDITED)

	June 30, 2017			December 31, 2016
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	32,252,734		$	21,852,531
Accounts receivable, net of allowance of $309,000 and $283,000, at June 30, 2017 and December 31, 2016, respectively		20,810,796			23,737,254
Prepaid expenses and other current assets		5,353,355			1,489,267
Total current assets		58,416,885			47,079,052

Restricted Cash		894,057			393,484
Goodwill		150,088,783			114,175,554
Property and equipment, net		3,491,539			2,466,110
Intangible assets, net		37,236,258			17,010,565
Deferred taxes		27,562,319			28,253,827
Other assets		584,292			110,892
Total assets	$	278,274,133		$	209,489,484

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	3,552,147		$	5,350,336
Accrued liabilities		12,770,565			8,395,060
Current portion of long-term debt		7,500,000
Current portion of capital lease obligations		81,761			221,302
Deferred revenue		1,188,881			434,197
Total current liabilities		25,093,354			14,400,895
Long-term debt		5,625,000			–
Total liabilities		30,718,354			14,400,895

STOCKHOLDERS’ EQUITY:
Preferred stock, $.001 par value; authorized – 5,000,000 Shares at June 30, 2017 and December 31, 2016; 0 shares issued and outstanding at June 30, 2017 and December 31, 2016		–			–
Common stock, $.001 par value; authorized – 100,000,000 Shares; 71,794,766 and 58,945,607 issued and outstanding at June 30, 2017 and December 31, 2016, respectively		71,798			58,949
Additional paid-in capital		403,025,701			351,873,801
Accumulated deficit		(155,541,720	)		(156,844,161	)
TOTAL STOCKHOLDERS’ EQUITY		247,555,779			195,088,589
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	278,274,133		$	209,489,484


THE MEET GROUP, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(UNAUDITED)

	Three Months Ended June 30,						Six Months Ended June 30,
		2017			2016			2017			2016

Revenues	$	31,329,468		$	16,388,991		$	51,388,265		$	29,710,662

Operating costs and expenses:
Sales and marketing		4,599,842			3,226,344			9,705,350			5,547,767
Product development and content		16,526,905			6,214,062			24,984,399			11,922,162
General and administrative		5,160,799			1,867,590			8,023,226			4,215,758
Depreciation and amortization		2,965,175			753,918			4,650,014			1,505,182
Acquisition and restructuring		3,769,425			1,160,349			5,269,854			1,160,349
Total operating costs and expenses		33,022,146			13,222,263			52,632,843			24,351,218

(Loss) income from operations		(1,692,678	)		3,166,728			(1,244,578	)		5,359,444

Other income (expense):
Interest income		1,400			6,447			3,970			11,562
Interest expense		(175,254	)		(5,360	)		(177,586	)		(12,105	)
Change in warrant liability		–			(787,391	)		–			(545,614	)
(Loss) gain on foreign currency adjustment		(9,229	)		18,201			(11,429	)		34,553
Total other expense		(183,083	)		(768,103	)		(185,045	)		(511,604	)

(Loss) income before income taxes		(1,875,761	)		2,398,625			(1,429,623	)		4,847,840
Benefit from income taxes		2,732,356			27,219,764			2,732,064			27,125,446
Net income	$	856,595		$	29,618,389		$	1,302,441		$	31,973,286

Basic and diluted net income per common stockholders:
Basic net income per common stockholders	$	0.01		$	0.61		$	0.02		$	0.67
Diluted net income per common stockholders	$	0.01		$	0.55		$	0.02		$	0.59

Weighted average shares outstanding:
Basic		70,122,234			48,218,184			65,632,962			47,838,466
Diluted		74,885,903			54,061,306			70,569,243			53,863,966

Comprehensive income	$	856,595		$	29,618,389		$	1,302,441		$	31,973,286


THE MEET GROUP, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP NET INCOME TO ADJUSTED EBITDA
(UNAUDITED)

	Three Months Ended June 30,						Six Months Ended June 30,
		2017			2016			2017			2016

Net income	$	856,595		$	29,618,389		$	1,302,441		$	31,973,286

Interest expense		175,254			5,360			177,586			12,105
Change in warrant liability		–			787,391			–			545,614
Benefit from income taxes		(2,732,356	)		(27,219,764	)		(2,732,064	)		(27,125,446	)
Depreciation and amortization		2,965,175			753,918			4,650,014			1,505,182
Stock-based compensation expense		2,368,192			915,572			3,502,350			1,643,352
Acquisition and restructuring		3,769,425			1,160,349			5,269,854			1,160,349
Loss (gain) on foreign currency adjustment		9,229			(18,201	)		11,429			(34,553	)
Adjusted EBITDA	$	7,411,514		$	6,003,014		$	12,181,610		$	9,679,889


GAAP basic net income per common stockholders	$	0.01		$	0.61		$	0.02		$	0.67
GAAP diluted net income per common stockholders	$	0.01		$	0.55		$	0.02		$	0.59
Basic adjusted EBITDA per common stockholders	$	0.11		$	0.12		$	0.19		$	0.20
Diluted adjusted EBITDA per common stockholders	$	0.10		$	0.11		$	0.17		$	0.18

Weighted average shares outstanding
Basic		70,122,234			48,218,184			65,632,962			47,838,466
Diluted		74,885,903			54,061,306			70,569,243			53,863,966


THE MEET GROUP, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP NET INCOME TO NON-GAAP NET INCOME
(UNAUDITED)

	Three Months Ended June 30,						Six Months Ended June 30,
		2017			2016			2017			2016

GAAP Net Income	$	856,595		$	29,618,389		$	1,302,441		$	31,973,286

Stock-based compensation expense		2,368,192			915,572			3,502,350			1,643,352
Amortization of intangibles		2,378,152			381,916			3,604,307			760,666
Benefit from income taxes		(2,732,356	)		(27,219,764	)		(2,732,064	)		(27,125,446	)
Acquisition and restructuring		3,769,425			1,160,349			5,269,854			1,160,349
Non-GAAP net Income	$	6,640,008		$	4,856,462		$	10,946,888		$	8,412,207


GAAP basic net income per common stockholder	$	0.01		$	0.61		$	0.02		$	0.67
GAAP diluted net income per common stockholder	$	0.01		$	0.55		$	0.02		$	0.59
Basic Non-GAAP net income per common stockholder	$	0.09		$	0.10		$	0.17		$	0.18
Diluted Non-GAAP net income per common stockholder	$	0.09		$	0.09		$	0.16		$	0.16

Weighted average shares outstanding
Basic		70,122,234			48,218,184			65,632,962			47,838,466
Diluted		74,885,903			54,061,306			70,569,243			53,863,966

View source version on businesswire.com: http://www.businesswire.com/news/home/20170803006283/en/

Investor Contact:
The Blueshirt Group
Allise Furlani or
Brinlea Johnson, 212-331-8433
IR@Themeetgroup.com

Source: The Meet Group, Inc.

The Meet Group Announces Second Quarter 2017 Conference Call for August 3 at 4:30 p.m. Eastern Time

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ:MEET), a public market leader in the mobile
meeting space, today announced that management will host a conference
call on Thursday, August 3, 2017 at 4:30 p.m. ET to discuss details and
answer questions about the company’s financial results for the second
quarter ended June 30, 2017.

The Meet Group’s financial results will be issued in a press release
after the close of market on August 3 and prior to the call, which will
be hosted by The Meet Group’s Chief Executive Officer, Geoff Cook, and
Chief Financial Officer, David Clark.

What:			The Meet Group second quarter 2017 financial results conference call

When:			Thursday, August 3^rd, at 4:30 p.m. Eastern Time (1:30 p.m. PT)

Dial In Number:			888-283-6901 (US and Canada)
			719-325-2349 (International)
			Participant passcode: 4820998

Webcast:			To access the live and replay webcast, please visit the investor relations section of The Meet Group’s investor website at http://www.themeetgroup.com.

Call Replay:			A phone replay of the call will be available approximately two hours following the end of the call until 7:30 p.m. ET on Thursday, August 10, 2017. To access the replay dial-in information, please click here.

About The Meet Group

The Meet Group (NASDAQ:MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Using
innovative products and sophisticated data science, The Meet Group keeps
its approximately 2.8 million mobile daily active users engaged and
originates untold numbers of casual chats, friendships, dates, and
marriages. The Meet Group offers advertisers the opportunity to reach
customers on a global scale with hundreds of millions of daily mobile ad
impressions. The Meet Group utilizes high user density, economies of
scale, and leading monetization strategies with the goal of maximizing
adjusted EBITDA. Our apps – currently MeetMe®, Skout®, Tagged®, and Hi5®
– let users in more than 100 countries chat, share photos, stream live
video, and discuss topics of interest, and are available
on iPhone, iPad, and Android in multiple languages. For more
information, please visit http://www.themeetgroup.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170727006440/en/

Investor Contact:
The Blueshirt Group
Allise Furlani or
Brinlea Johnson, 212-331-8433
IR@Themeetgroup.com

Source: The Meet Group, Inc.

The Meet Group Reaches Agreement with Harvest Capital

Agrees to Appoint Two New Independent Directors to The Meet Group’s
Board

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the
mobile meeting space, today announced that it has entered into a
cooperation agreement with Harvest Capital Strategies LLC and its
affiliates, which, in the aggregate, beneficially owns approximately
6.3% of The Meet Group’s outstanding shares, regarding the composition
of The Meet Group’s Board of Directors. Under the terms of the
agreement, The Meet Group has agreed to appoint to its Board two new
independent directors: Jim Parmelee, who has agreed to join the Meet
Group Board effective immediately, and a second director mutually
acceptable to The Meet Group and Harvest Capital to be identified within
the next ninety days.

Spencer G. Rhodes, The Meet Group’s Chairman of the Board, stated, “We
are pleased to have reached this cooperation agreement with Harvest
Capital, as we believe this outcome serves the best interests of The
Meet Group and its stockholders. We are also pleased to welcome Jim
Parmelee to our Board and look forward to the insights and experience he
will bring.”

Jeffrey B. Osher, the Managing Director of Harvest Capital, stated, “We
have spent considerable time with The Meet Group’s senior management
team and strongly support their strategy of creating a compelling
portfolio of mobile meeting apps. Under Geoff Cook’s leadership, The
Meet Group has methodically grown its global platform while delivering
consistent profitability and cash flow. We look forward to continuing
our collaboration with The Meet Group’s Board and senior management team
as they execute on their long-term growth initiatives and focus on
shareholder value creation.”

Pursuant to the cooperation agreement, Harvest Capital has agreed that,
until the certification of the shareholder vote at The Meet Group’s 2018
Annual Meeting of Stockholders, it will abide by certain customary
standstill provisions.

The cooperation agreement between The Meet Group and Harvest Capital
will be included as an exhibit to a Current Report on Form 8-K that The
Meet Group will file with the Securities and Exchange Commission.

Morgan, Lewis & Bockius LLP served as legal counsel to The Meet Group.
Olshan Frome Wolosky LLP served as legal advisor to Harvest Capital.

The Meet Group also announced today that it has appointed The
Blueshirt Group to lead its investor relations communications and
strategy. The Blueshirt Group is a leading tech-focused investor
relations firm that specializes in investor relations, IPO advisory,
financial communications, financial media relations and crisis
management.

About Jim Parmelee

Mr. Parmelee brings over 25 years of technology industry experience. He
is currently an advisor to Hamilton Robinson Capital Partners, a middle
market focused private equity firm. Jim was previously a Managing
Director in Peak Ten Management LLC, where he was responsible for the
firm’s investments in the software, Internet and technology
infrastructure verticals. Before Peak Ten, Jim was a Partner in Union
Square Advisors, an M&A advisory firm focused on the technology sector,
where he led the firm’s global Information Technology infrastructure
practice. Jim was previously a leading data networking and telecom
equipment equity research analyst at Credit Suisse First Boston (now
Credit Suisse). Jim was highly ranked by external polls throughout his
research career including being named six times to Institutional
Investor Magazine’s All America Research Team.

About The Meet Group

The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Using
innovative products and sophisticated data science, The Meet Group keeps
its approximately 2.8 million mobile daily active users engaged and
originates untold numbers of casual chats, friendships, dates, and
marriages. The Meet Group offers advertisers the opportunity to reach
customers on a global scale with hundreds of millions of daily mobile ad
impressions. The Meet Group utilizes high user density, economies of
scale, and leading monetization strategies with the goal of maximizing
adjusted EBITDA. Our apps – currently MeetMe^®, Skout^®,
Tagged^®, and Hi5^® – let users in more than 100
countries chat, share photos, stream live video, and discuss topics of
interest, and are available on iPhone, iPad, and Android in
multiple languages. For more information, please visit themeetgroup.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170627006446/en/

MEET Investor Contact:
The Blueshirt Group
Allise
Furlani
allise@blueshirtgroup.com

Source: The Meet Group, Inc.

The Meet Group to Participate at 18th Annual B. Riley Investor Conference on May 25, 2017

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the
mobile meeting space, today announced it will participate at the 18^th
Annual B. Riley & Co.Institutional Investor Conference in Santa Monica,
CA, on May 25, 2017.

The Meet Group’s Chief Financial Officer David Clark will be hosting
one-on-one meetings with institutional investors at the conference. A
copy of the investor presentation that management will use at the
conference can be found in the Investor Relations section of The Meet
Group’s website at http://www.themeetgroup.com.

About The Meet Group

The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Using
innovative products and sophisticated data science, The Meet Group keeps
its approximately 2.8 million mobile daily active users engaged and
originates untold numbers of casual chats, friendships, dates, and
marriages. The Meet Group offers advertisers the opportunity to reach
customers on a global scale with hundreds of millions of daily mobile ad
impressions. The Meet Group utilizes high user density, economies of
scale, and leading monetization strategies with the goal of maximizing
adjusted EBITDA. Our apps – currently MeetMe®, Skout®, Tagged®, and Hi5®
– let users in more than 100 countries chat, share photos, stream live
video, and discuss topics of interest, and are available
on iPhone, iPad, and Android in multiple languages. For more
information, please visit http://www.themeetgroup.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170523005691/en/

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

Source: The Meet Group, Inc.

The Meet Group Reports First Quarter Financial Results

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the
mobile meeting space, today reported financial results for its first
quarter ended March 31, 2017.

First Quarter 2017 Financial Highlights

Total revenue of $20.1 million, up 51% year over year.
Mobile revenue of $18.8 million, up 61% year over year.
Adjusted EBITDA of $4.8 million, up 30% year over year, or a 24%
margin.
GAAP net income of $0.4 million, or $0.01 per diluted share, compared
to $2.4 million, or $0.04 per diluted share, in the first quarter of
2016.
Non-GAAP net income of $4.3 million, or $0.07 per diluted share, up
21% year over year.
Cash and Cash Equivalents totaled $74.5 million at March 31, 2017, of
which $60 million was used for the Ifwe Inc. acquisition on April 3,
2017.

(See the important discussion about the presentation of non-GAAP
financial measures, and reconciliation to the most direct comparable
GAAP financial measure, below.)

“In the first quarter, we continued to effectively execute our strategy
to innovate, acquire, and build the largest mobile portfolio for meeting
new people,” said Geoff Cook, Chief Executive Officer of The Meet Group.
“On April 3, we successfully closed on the acquisition of if(we), a
social and mobile technology company based in San Francisco with two
leading mobile brands for meeting and chatting with new people: Tagged
and Hi5. While only one month into the integration, we have already
consolidated the Skout team into the if(we) office, putting all our West
Coast employees under one roof. The if(we) team today is primarily
focused on two key priorities: advertising monetization and video. I
expect great things from the West Coast team and rapid progress toward
increasing Tagged ARPU and launching live-streaming video.

“Additionally, we made strong progress toward rolling out livestreaming
video inside of the MeetMe app. Currently, three out of four MeetMe
users have access to the Live feature within the MeetMe app. Of users
with access, we are seeing 13-15% watching live video every day. Our
users are generating and consuming vast amounts of video content. For
example, on a recent day we saw over 65,000 broadcasts started,
generating 3 million views, 2 million live chats from viewers, and
70,000 hours of total time in video. Our broadcasters are currently
broadcasting for approximately 40 minutes a day, and our viewers are
watching for approximately 23 minutes a day. We believe these initial
results are very encouraging and bode well for the future of
livestreaming video on our portfolio of apps.”

David Clark, Chief Financial Officer of The Meet Group, added, “Our
mobile revenue growth of 61% year over year was driven by increases in
our mobile impressions through the acquisition of Skout. Adjusted EBITDA
increased 30% to $4.8 million for the quarter, representing a 24%
adjusted EBITDA margin. We generated $8.7 million in cash from
operations, ending the quarter with $74.5 million, of which $60 million
was used in April to acquire if(we).”

Webcast and Conference Call Details

Management will host a webcast and conference call to discuss first
quarter 2017 financial results today, May 8, 2017 at 4:30 p.m. Eastern
time. To access the call dial 888-806-6208 (US and Canada) or +1
913-312-1446 (International) and when prompted provide the participant
passcode 5107015 to the operator. In addition, a webcast of the
conference call will be available live on the Investor Relations section
of the Company’s website at www.themeetgroup.com
and a replay of the webcast will be available for 90 days.

About The Meet Group

The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Using
innovative products and sophisticated data science, The Meet Group keeps
its approximately 2.8 million mobile daily active users engaged and
originates untold numbers of casual chats, friendships, dates, and
marriages. The Meet Group offers advertisers the opportunity to reach
customers on a global scale with hundreds of millions of daily mobile ad
impressions. The Meet Group utilizes high user density, economies of
scale, and leading monetization strategies with the goal of maximizing
adjusted EBITDA. Our apps – currently MeetMe®, Skout®, Tagged®, and Hi5®
– let users in more than 100 countries chat, share photos, stream live
video, and discuss topics of interest, and are available
on iPhone, iPad, and Android in multiple languages. For more
information, please visit http://www.themeetgroup.com.

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 total revenue and mobile revenue will
continue to grow, whether our net income will continue to grow, whether
our adjusted EBITDA will continue to grow, whether our West Coast team
will make rapid progress toward increasing Tagged ARPU and launching
live-streaming video, whether and when we will achieve full roll out of
livestreaming video inside of our MeetMe app, whether our initial
results in the livestreaming video roll out bode well for the future of
livestreaming video on our portfolio of apps, and whether the mobile
advertising industry will remain strong. 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, 2016 filed with the SEC on March 9, 2017
and our Current Report on Form 8-K filed with the SEC on March 6, 2017.
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.

Regulation G – Non-GAAP Measures


THE MEET GROUP, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(UNAUDITED)
	March 31, 2017			December 31, 2016
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	74,526,312		$	21,852,531
Accounts receivable, net of allowance of $256,000 and $283,000, at March 31, 2017 and December 31, 2016, respectively		15,821,440			23,737,254
Prepaid expenses and other current assets		1,405,695			1,489,267
Total current assets		91,753,447			47,079,052

Restricted Cash		393,776			393,484
Goodwill		114,175,554			114,175,554
Property and equipment, net		2,157,936			2,466,110
Intangible assets, net		15,784,410			17,010,565
Deferred taxes		28,271,292			28,253,827
Other assets		96,565			110,892
TOTAL ASSETS	$	252,632,980		$	209,489,484

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	3,403,069		$	5,350,336
Accrued liabilities		7,764,556			8,395,060
Current portion of capital lease obligations		151,485			221,302
Deferred revenue		436,556			434,197
Total current liabilities		11,755,666			14,400,895
TOTAL LIABILITIES	$	11,755,666		$	14,400,895

STOCKHOLDERS’ EQUITY:
Preferred stock, $.001 par value; authorized – 5,000,000 Shares at March 31, 2017 and December 31, 2016; 0 shares issued and outstanding at March 31, 2017 and December 31, 2016	$	–		$	–
Common stock, $.001 par value; authorized – 100,000,000 Shares; 68,970,772 and 58,945,607 issued and outstanding at March 31, 2017 and December 31, 2016, respectively		68,974			58,949
Additional paid-in capital		397,206,655			351,873,801
Accumulated deficit		(156,398,315	)		(156,844,161	)
TOTAL STOCKHOLDERS’ EQUITY		240,877,314			195,088,589
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	252,632,980		$	209,489,484

See notes to consolidated financial statements


THE MEET GROUP, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(UNAUDITED)

	For the Three Months Ended March 31,
		2017			2016

Revenues	$	20,058,797		$	13,321,671

Operating Costs and Expenses:
Sales and marketing		5,105,508			2,321,423
Product development and content		8,457,494			5,708,100
General and administrative		2,862,427			2,348,168
Depreciation and amortization		1,684,839			751,264
Acquisition and restructuring		1,500,429			–
Total Operating Costs and Expenses		19,610,697			11,128,955

Income from Operations		448,100			2,192,716

Other Income (Expense):
Interest income		2,570			5,115
Interest expense		(2,332	)		(6,745	)
Change in warrant liability		–			241,777
(Loss) gain on foreign currency adjustment		(2,200	)		16,352
Total Other Income (Expense)		(1,962	)		256,499

Income before Income Taxes		446,138			2,449,215
Provision for income taxes		(292	)		(94,317	)
Net Income	$	445,846		$	2,354,898

Basic and diluted income per common stockholders:
Basic income per common stockholders	$	0.01		$	0.05
Diluted income per common stockholders	$	0.01		$	0.04

Weighted average shares outstanding:
Basic		61,093,810			47,458,748
Diluted		66,204,620			53,666,626

Net income and comprehensive income	$	445,846		$	2,354,898

See notes to consolidated financial statements


THE MEET GROUP, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP NET INCOME ALLOCABLE TO COMMON STOCKHOLDERS TO ADJUSTED EBITDA
(UNAUDITED)

	For the Three Months Ended March 31,
		2017		2016

Net income allocable to common stockholders	$	445,846	$	2,354,898

Interest expense		2,332		6,745
Change in warrant liability		–		(241,777	)
(Benefit) provision for income taxes		292		94,317
Depreciation and amortization		1,684,839		751,264
Stock-based compensation expense		1,134,158		727,780
Acquisition and restructuring costs		1,500,429		–
Cumulative effect of foreign currency exchange		2,200		(16,352	)
Adjusted EBITDA	$	4,770,096	$	3,676,875


GAAP basic net income per common stockholders	$	0.01	$	0.05
GAAP diluted net income per common stockholders	$	0.01	$	0.04
Basic adjusted EBITDA per common stockholders	$	0.08	$	0.08
Diluted adjusted EBITDA per common stockholders	$	0.07	$	0.07

Weighted average number of shares outstanding, Basic		61,093,810		47,458,748
Weighted average number of shares outstanding, Diluted		66,204,620		53,666,626


THE MEET GROUP, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP NET INCOME ALLOCABLE TO COMMON STOCKHOLDERS TO NON-GAAP NET INCOME
(UNAUDITED)

	For the Three Months Ended March 31,
		2017		2016

GAAP Net Income	$	445,846	$	2,354,898

Amortization of Intangibles		1,226,155		378,750
Stock-based compensation expense		1,134,158		727,780
(Benefit) provision for income taxes		292		94,317
Acquisition and restructuring costs		1,500,429		–
Non-GAAP Net Income	$	4,306,880	$	3,555,745


GAAP basic net income per common stockholders	$	0.01	$	0.05
GAAP diluted net income per common stockholders	$	0.01	$	0.04
Basic Non-GAAP net income per common stockholders	$	0.07	$	0.07
Diluted Non-GAAP net income per common stockholders	$	0.07	$	0.07

Weighted average number of shares outstanding, Basic		61,093,810		47,458,748
Weighted average number of shares outstanding, Diluted		66,204,620		53,666,626

View source version on businesswire.com: http://www.businesswire.com/news/home/20170508006324/en/

MKR Group, Inc.
Todd Kehrli or Jim Byers
(323) 468-2300
meet@mkr-group.com

Source: The Meet Group, Inc.

The Meet Group to Present at SunTrust Robinson Humphrey Internet and Digital Media Conference in San Francisco

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the
mobile meeting space, today announced it will present at the SunTrust
Robinson Humphrey Internet and Digital Media Conference on Tuesday, May
9, 2017 at 1:40 p.m. Pacific Time. The conference is taking place at The
Palace Hotel in San Francisco, CA.

The presentation by The Meet Group CEO Geoff Cook and CFO David Clark
will be webcast live at http://wsw.com/webcast/strh31/meet
and will be available through a link on the Investor Relations section
of the company’s website at http://www.themeetgroup.com
following the presentation.

About The Meet Group

The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of mobile apps
designed to meet the universal need for human connection. Using
innovative products and sophisticated data science, The Meet Group keeps
its approximately 2.8 million mobile daily active users engaged and
originates untold numbers of casual chats, friendships, dates, and
marriages. The Meet Group offers advertisers the opportunity to reach
customers on a global scale with hundreds of millions of daily mobile ad
impressions. The Meet Group utilizes high user density, economies of
scale, and leading monetization strategies with the goal of maximizing
adjusted EBITDA. Our apps – currently MeetMe®, Skout®, Tagged®, and Hi5®
– let users in more than 100 countries chat, share photos, stream live
video, and discuss topics of interest, and are available
on iPhone, iPad, and Android in multiple languages. For more
information, please visit http://www.themeetgroup.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170504005546/en/

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

Source: The Meet Group, Inc.

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