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 Monday, May 8, 2017 at 4:30 p.m. ET to discuss
details and answer questions about the company’s financial results for
the first quarter ended March 31, 2017.

The Meet Group’s financial results will be issued in a press release
after the close of market on May 8 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.

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/20170501006273/en/

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

Source: The Meet Group, Inc.

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the
mobile meeting space, will ring the Opening Bell at The NASDAQ Stock
Market on May 3, 2017. Geoff Cook, Chief Executive Officer, and other
members of management will visit the Nasdaq MarketSite in New York
City’s Times Square in celebration of the rebranding of MeetMe to The
Meet Group. Shortly after the opening, Mr. Cook will participate in an
interview scheduled to be broadcast live on Nasdaq’s website. Interested
persons may also watch the opening on the social media sites listed
below.

“We are excited to rebrand MeetMe to The Meet Group. Our growing
portfolio unites all of our brands with a singular purpose: to meet the
universal need for human connection,” said Mr. Cook. “We are no longer
MeetMe, Inc. running a single app, but a global portfolio of mobile
meeting apps that spans ten million monthly active users. With our
global portfolio of brands, we believe we have built a solid foundation
for long-term growth and shareholder value creation.”

Webcast:

A live stream of the Nasdaq Opening Bell will be available at: https://new.livestream.com/nasdaq/live
or http://www.nasdaq.com/about/marketsitetowervideo.asx

Photos:

To obtain a hi-resolution photograph of the Market Open, please go to http://business.nasdaq.com/discover/market-bell-ceremonies
and click on the market close of your choice.

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 Mr. Cook will appear, be interviewed and
broadcast as planned, and whether we have built a solid foundation for
long-term growth and shareholder value creation with our global
portfolio of brands. 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 the proposed acquisition and future events and
financial trends that we believe may affect our financial condition,
results of operations, business strategy and financial needs. Further
information on our risk factors is contained in our filings with the
Securities and Exchange Commission, including the Form 10-K for the year
ended December 31, 2016, the Form 8-K as filed 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170426006242/en/

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

Source: The Meet Group, Inc.

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader in the mobile
meeting space, has completed its acquisition of Ifwe Inc., a social and
mobile technology company.

MeetMe expects the acquisition to strengthen its ability to create
shareholder value by expanding its global portfolio of branded meeting
apps for meeting new people. The if(we) acquisition is expected to
contribute $9 million of adjusted EBITDA in the first 12 months
post-close and to provide the combined company with a path forward for
generating $150 million in annualized revenue and $50 million of
adjusted EBITDA.

To better encapsulate the company’s mission to innovate, acquire, and
build the largest mobile portfolio of brands for meeting new people,
MeetMe, Inc. has also changed its name to The Meet Group, Inc.,
effective today. Moving forward, The Meet Group will be the parent
company of the MeetMe, Skout, Tagged, and Hi5 brands, as well as the
vehicle with which the company intends to pursue future acquisitions.

“We are excited to close the acquisition of if(we) and welcome our new
team members and brands to The Meet Group. Our growing portfolio unites
all of our brands with a singular purpose: to meet the universal need
for human connection,” said Geoff Cook, CEO of The Meet Group. “We are
no longer MeetMe, Inc. running a single app, but a global portfolio of
mobile meeting apps that spans ten million monthly active users. As The
Meet Group continues to add brands to its global portfolio that can
leverage our cutting-edge technology for bringing the right people
together and meeting their need for connection, we believe we will build
a solid foundation for long-term growth and shareholder value creation.”

“The Meet Group is larger than dating,” Cook continued. “Our users come
to meet, chat, and hang out. Our communication model is open, and we
believe our revenue model is optimized to retain users longer, not chase
them away with paywalls. We believe the new umbrella brand will better
position the company to consolidate the fragmented mobile meeting
industry into an efficiently run portfolio.”

In connection with closing of the if(we) acquisition, The Meet Group
granted options to purchase an aggregate of up to 75,000 shares of its
common stock and restricted stock awards representing an aggregate of
717,500 shares of common stock to 83 former if(we) employees as an
inducement material to their employment. Each option has a ten-year
term, a three-year vesting period and an exercise price of $5.74 per
share, the closing price per share of the company’s common stock on the
grant date. Each restricted stock award vests one-third each year during
a three-year vesting period. Vesting on both 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).

AboutThe 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 the (if)we acquisition will strengthen our
ability to create shareholder value from expanding our global portfolio
of branded meeting apps for meeting new people, whether the if(we)
acquisition will contribute $9 million of adjusted EBITDA in the first
12 months post-close and provide the combined company a path to $150
million in annualized revenue and $50 million of adjusted EBITDA,
whether The Meet Group brand will better encapsulate our mission to
innovate, acquire, and build the largest mobile portfolio of brands for
meeting new people, whether we will pursue future acquisitions as
intended and The Meet Group will be the vehicle therefor, whether all
brands under The Meet Group will leverage cutting-edge technology to
bring the right people together to meet their need for connection,
whether we will build a solid foundation for long-term growth and
shareholder value creation, whether our revenue model is optimized to
retain users longer and not chase them away with paywalls, whether the
new umbrella brand will better position the company to consolidate the
fragmented mobile meeting industry into an efficiently run portfolio.
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 the
proposed acquisition and future events and financial trends that we
believe may affect our financial condition, results of operations,
business strategy and financial needs. Further information on our risk
factors is contained in our filings with the Securities and Exchange
Commission, including the Form 10-K for the year ended December 31,
2016, the Form 8-K as filed 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170403006525/en/

MEET Investor Contact:
MKR Group Inc.
Todd Kehrli
meet@mkr-group.com

Source: The Meet Group

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced the beta launch of Live in its popular MeetMe
applications. Live is a one-to-many video feature that allows users to
broadcast themselves, watch other users’ broadcasts, and chat in real
time. The feature is currently available to MeetMe’s beta community, and
the company plans to begin to roll out to more users on MeetMe over the
coming weeks.

Broadcasts in Live will be moderated through a combination of
algorithmic analysis and manual review. After the initial rollout is
complete, MeetMe intends to launch new freemium products within the
video streams to help monetize the broadcast-viewing experience and
encourage its broadcasters to produce high-quality content. The company
also expects to bring the feature to its Skout mobile applications in
the second half of the year.

“We believe Live will be a popular feature for connecting our millions
of users,” said Geoff Cook, CEO of MeetMe. “If you think of MeetMe as
the neighborhood bar, as we do, then video is the live entertainment
meant to keep people engaged and give them something more to talk about.
We believe chat will keep users coming back to the app, and video will
extend the time they spend in the app, forming a powerful product mix.
We believe video will also open the door to increased revenue with new
advertising placements and in-app purchases through a gifting mechanism
popularized by Momo, Live.me, and others.”

About MeetMe, Inc.

Through its portfolio of brands, MeetMe (NASDAQ: MEET) is meeting the
universal need for human connection. Using innovative products and
sophisticated data science, MeetMe keeps its approximately two million
daily active users engaged and originates untold numbers of casual
chats, friendships, dates, and marriages. MeetMe offers advertisers the
opportunity to reach customers on a global scale with hundreds of
millions of daily mobile ad impressions. MeetMe utilizes high user
density, economies of scale, and leading monetization strategies to
maximize EBITDA. MeetMe’s apps are available on iPhone, iPad, and
Android in multiple languages worldwide. For more information, please
visit meetmecorp.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 we will roll out Live to more users on MeetMe
over the coming weeks, whether we will complete the rollout as
contemplated, whether we will launch new freemium products within the
video streams and if so whether that they will help monetize the
broadcast-viewing experience and encourage our broadcasters to produce
high-quality content, whether and when we will bring Live to our Skout
application; whether Live will be a popular feature for connecting our
millions of users, whether video will keep people engaged and give them
something more to talk about, whether chat will keep users coming back
to the app and video will extend the time they spend in the app, forming
a powerful product mix, whether video will also open the door to
increased revenue with new advertising placements and in-app purchases
through a gifting mechanism popularized by Momo, Live.me, and others.
All statements other than statements of historical facts contained
herein, including statements regarding the continued growth in our core
platform, are forward-looking statements. The words “believe,” “may,”
“estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,”
“could,” “target,” “potential,” “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. Further information on our risk factors is contained in
our filings with the SEC, including the Form 10-K for the year ended
December 31, 2016 and the Form 8-K as filed 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170330005536/en/

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

Source: MeetMe, Inc.

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced the closing of the public offering of
9,200,000 shares of its common stock at a public offering price of $5.00
per share, which includes the exercise in full by the underwriters of
their option to purchase up to 1,200,000 additional shares of common
stock.

Canaccord Genuity Inc. and Roth Capital Partners acted as
joint-book-running managers and Northland Securities, Inc. served as
co-manager. The Company’s counsel for the offering was Morgan, Lewis &
Bockius LLP and the underwriters’ counsel for the offering was Pillsbury
Winthrop Shaw Pittman LLP.

MeetMe intends to use the net proceeds from the offering for general
corporate purposes, including potentially to fund a portion of the
consideration for the pending if(we) acquisition, and other potential
future acquisitions.

The offering was made pursuant to effective shelf registration
statements previously filed with the Securities and Exchange Commission
(SEC). The offering was made by means of a prospectus supplement and
accompanying base prospectus filed with the SEC, copies of which may be
obtained by contacting Canaccord Genuity, Attention: Syndicate
Department, 99 High Street, 12th Floor, Boston, Massachusetts 02110, by
telephone at (617) 371-3900, or by email at prospectus@canaccordgenuity.comrothecm@roth.com.

This press release shall not constitute an offer to sell, or the
solicitation of an offer to buy, any of the securities, nor shall there
be any sale of these securities, in any state in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.

About MeetMe, Inc.

Through its portfolio of brands, MeetMe (NASDAQ: MEET) is meeting the
universal need for human connection. Using innovative products and
sophisticated data science, MeetMe keeps its approximately two million
daily active users engaged and originates untold numbers of casual
chats, friendships, dates, and marriages. MeetMe offers advertisers the
opportunity to reach customers on a global scale with hundreds of
millions of daily mobile ad impressions. MeetMe utilizes high user
density, economies of scale, and leading monetization strategies to
maximize EBITDA. MeetMe’s apps are available on iPhone, iPad, and
Android in multiple languages worldwide. For more information, please
visit meetmecorp.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 the proposed use of proceeds. All statements other than
statements of historical facts contained herein, including statements
regarding the continued growth in our core platform, are forward-looking
statements. The words “believe,” “may,” “estimate,” “continue,”
“anticipate,” “intend,” “should,” “plan,” “could,” “target,”
“potential,” “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. Further information
on our risk factors is contained in our filings with the SEC, including
the Form 10-K for the year ended December 31, 2016 and the Prospectus
Supplement as filed on March 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/20170315006374/en/

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

Source: MeetMe, Inc.

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced it will participate at the 29^th
Annual ROTH Capital Partners Conference taking place March 12-15, 2017
in Dana Point, California.

MeetMe Chief Executive Officer Geoff Cook and Chief Financial Officer
David Clark will be hosting one-on-one meetings with institutional
investors at the conference next Monday, March 13 and Tuesday, March 14.
A copy of the investor presentation that management will use at the
conference can be found in the Investor Relations section of MeetMe’s
website at www.meetmecorp.com.

About MeetMe

Through its portfolio of brands, MeetMe (NASDAQ: MEET) is meeting the
universal need for human connection. Using innovative products and
sophisticated data science, MeetMe keeps its approximately two million
daily active users engaged and originates untold numbers of casual
chats, friendships, dates, and marriages. MeetMe offers advertisers the
opportunity to reach customers on a global scale with hundreds of
millions of daily mobile ad impressions. MeetMe utilizes high user
density, economies of scale, and leading monetization strategies to
maximize EBITDA. MeetMe’s apps are available on iPhone, iPad, and Android in
multiple languages worldwide. For more information, please visit meetmecorp.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170310005705/en/

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

Source: MeetMe, Inc.

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced the pricing of an underwritten public
offering of 8,000,000 shares of its common stock at a public offering
price of $5.00 per share. MeetMe has also granted the underwriters a
30-day option to purchase up to an additional 1,200,000 shares of common
stock to cover over allotments, if any. The offering is expected to
close on or about March 15, 2017, subject to customary closing
conditions.

Canaccord Genuity Inc. and Roth Capital Partners are acting as
joint-book-running managers and Northland Securities, Inc. is serving as
co-manager.

MeetMe intends to use the net proceeds from the offering for general
corporate purposes, including potentially to fund a portion of the
consideration for the pending if(we) acquisition, and other potential
future acquisitions.

The offering is being made pursuant to effective shelf registration
statements previously filed with the Securities and Exchange Commission
(SEC). A preliminary prospectus supplement and accompanying base
prospectus describing the terms of the offering has been filed with the
SEC, and a final prospectus supplement and accompanying base prospectus
will be filed with the SEC. Before investing in MeetMe, you should read
the prospectus supplement and the accompanying prospectus, and other
documents that MeetMe has filed or will file with the SEC, for
information about MeetMe and this offering.

When available, copies of the final prospectus supplement and
accompanying prospectus relating to the offering may be obtained by
contacting Canaccord Genuity, Attention: Syndicate Department, 99 High
Street, 12th Floor, Boston, Massachusetts 02110, by telephone at (617)
371-3900, or by email at prospectus@canaccordgenuity.comrothecm@roth.com.

This press release shall not constitute an offer to sell, or the
solicitation of an offer to buy, any of the securities, nor shall there
be any sale of these securities, in any state in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.

About MeetMe, Inc.

Through its portfolio of brands, MeetMe (NASDAQ: MEET) is meeting the
universal need for human connection. Using innovative products and
sophisticated data science, MeetMe keeps its approximately two million
daily active users engaged and originates untold numbers of casual
chats, friendships, dates, and marriages. MeetMe offers advertisers the
opportunity to reach customers on a global scale with hundreds of
millions of daily mobile ad impressions. MeetMe utilizes high user
density, economies of scale, and leading monetization strategies to
maximize EBITDA. MeetMe’s apps are available on iPhone, iPad, and
Android in multiple languages worldwide. For more information, please
visit meetmecorp.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 the offering will close as anticipated and the
proposed use of proceeds. All statements other than statements of
historical facts contained herein, including statements regarding the
continued growth in our core platform, are forward-looking statements.
The words “believe,” “may,” “estimate,” “continue,” “anticipate,”
“intend,” “should,” “plan,” “could,” “target,” “potential,” “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. Further information on our risk factors is contained in
our filings with the SEC, including the Form 10-K for the year ended
December 31, 2016 and the Prospectus Supplement as filed on March 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/20170310005333/en/

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

Source: MeetMe, Inc.

• Acquisition Increases MeetMe’s Global Portfolio for Mobile Social
  Discovery to 10.6 Million Mobile Monthly Active Users
• Expected to Contribute At Least $9.0 Million in Adjusted EBITDA and
  be Accretive to Earnings in First 12 Months Post Closing

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced it has executed a definitive agreement to
acquire If(we), Inc., a social and mobile technology company, for $60.0
million in cash. This acquisition furthers MeetMe’s strategy to
innovate, acquire and build the largest mobile portfolio of brands for
meeting new people. The if(we) acquisition is expected to provide
greater scale for monetization and increased profitability for the
combined company.

if(we) is a social and mobile technology company based in San
Francisco with:

• Two leading mobile brands for meeting new people, Tagged and hi5;
• A community that spans over 100 countries, and apps that are available
  in 15 different languages;
• 2016 total revenue of approximately $44 million;
• Q4 2016 mobile revenue up 56% over Q4 2015. Mobile advertising revenue
  up 93% in the same periods;
• 2.3 million mobile and 5.4 million total monthly active users (MAU) in
  Q4 2016;
• 10.4 million mobile chats per day in Q4 2016;
• 18,000 new registered mobile users added each day on average in Q4
  2016.

Key highlights of the expected scale of the new combined company
(MeetMe + if(we)) include:

• Mobile MAU of 10.6 million, an increase of 28% from MeetMe’s 8.3
  million average in Q4 2016
• Mobile daily active users (DAU) of 2.8 million, an increase of 40%
  from MeetMe’s 2.0 million average in Q4 2016;
• Mobile Chats sent per day of 65.3 million, an increase of 19% from
  MeetMe’s 54.9 million average in Q4 2016;
• Mobile new users per day of 130,000, an increase of 16% from MeetMe’s
  112,000 per day average in Q4 2016;
• Nearly 1.1 million US mobile DAU.

Financial impact of acquisition:

• Expected to provide significantly increased scale in user base and
  revenues, and exhibit strong operating leverage;
• Expect if(we) to contribute at least $9.0 million of Adjusted EBITDA
  and be accretive to earnings in the first 12 months post-closing.

Geoff Cook, CEO of MeetMe, said, “We believe this combination provides a
clear pathway to $150 million in annualized revenue with adjusted EBITDA
of $50 million for our combined company. We are very excited to add
if(we) and its flagship brands Tagged and hi5 to our portfolio of mobile
apps for meeting and chatting with new people. if(we) brings a sizable
global community, with strength in the US, to our portfolio. Their
mobile apps are experiencing significant revenue growth and we expect
that to accelerate in 2017 as we introduce our best practices around
engagement and monetization. I am excited by the opportunity to work
closely with if(we)’s talented team to accelerate growth and engagement
across our portfolio of brands, which are aimed at meeting the universal
need for human connection.”

“What’s more,” Cook continued, “this announcement comes on the heels of
a very strong period of growth for MeetMe, with total revenue growth of
34 percent in 2016, as reported today, as well as adjusted EBITDA
margins of 39 percent. We believe this acquisition will further build on
this momentum by increasing our scale for monetization and increased
profitability.”

The Company expects that Tagged and hi5 will remain separate brands and
standalone mobile applications following the closing of the acquisition
and if(we) headquarters will remain in San Francisco. The Company has
extended offers of employment to approximately 87 of the company’s 100
employees. Likewise, if(we)’s CEO, Dash Gopinath has agreed to assist
with the transition for one year after the closing.

David Clark, Chief Financial Officer of MeetMe, added, “We expect the
acquisition to close in the second quarter and to be accretive to
earnings and to generate additional free cash flow for MeetMe in the
first twelve months following the closing and beyond. Over time, we
believe that through additional synergies from combining our technology
platforms, optimizing our monetization engine, and cross-promoting to
each user base we can generate additional value from this acquisition.”

The Company expects to fund the acquisition from MeetMe cash on hand and
cash from operations, and from other sources of financing available to
MeetMe, including a $30.0 million bank loan from J.P. Morgan Chase Bank,
N.A. associated with the acquisition.

To support its larger scale, the Company is today announcing a change to
engineering leadership. Skout’s co-founder and CTO Niklas Lindstrom has
joined MeetMe as Chief Technology Officer, to be based in our West Coast
office, and MeetMe’s former CTO Rich Friedman has rejoined the company
as SVP Engineering, to be based in our East Coast location. Mr.
Lindstrom replaces MeetMe’s former Chief Technology Officer, Jonah
Harris, who has agreed to remain with the Company and assist with the
transition over the coming months.

On February 28, 2017, the Company granted stock options to purchase an
aggregate of up to 500,000 shares of its common stock and restricted
stock awards representing an aggregate of 300,000 shares of common stock
to Messrs. Lindstrom and Friedman as an inducement material to their
employment. Each option has a ten-year term, a three-year vesting
period, subject to continued employment, and an exercise price of $4.83
per share, the closing price per share of the Company’s common stock on
the grant date. Each restricted stock award vests one-third each year
during a three-year vesting period. Vesting on both are 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).

Canaccord Genuity is serving as financial advisor and Morgan, Lewis &
Bockius LLP is serving as legal counsel to MeetMe.

Webcast and Conference Call Details

Management will host a webcast and conference call today, March 6, 2017
at 4:30 p.m. Eastern time to discuss the acquisition. To access the call
dial 888-337-8202 (US and Canada) (+1 913-312-1450 outside the United
States and Canada) and when prompted provide the participant passcode
1061836 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.meetmecorp.com
and a replay of the webcast will be available for 90 days.

About MeetMe

Through its portfolio of brands, MeetMe (NASDAQ: MEET) is meeting the
universal need for human connection. Using innovative products and
sophisticated data science, MeetMe keeps its approximately two million
daily active users engaged and originates untold numbers of casual
chats, friendships, dates, and marriages. MeetMe offers advertisers the
opportunity to reach customers on a global scale with hundreds of
millions of daily mobile ad impressions. MeetMe utilizes high user
density, economies of scale, and leading monetization strategies to
maximize EBITDA. MeetMe’s apps are available on iPhone, iPad, and Android in
multiple languages worldwide. For more information, please visit meetmecorp.com.

About If(we), Inc.

if(we) operates the leading social platforms Tagged and hi5 with over
five million total monthly active users worldwide. if(we) is continually
developing new social applications to help realize its vision of
enabling meaningful connections.

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 if(we) acquisition will provide greater
scale for monetization and increased profitability for the combined
company; whether mobile MAU for the combined company will be 10.6
million; whether if(we) will contribute approximately $9.0 million in
adjusted EBITDA and be accretive to earnings in the first twelve months
following the closing of the if(we) acquisition; whether and when the
if(we) acquisition will close; whether DAU for the combined company will
be 2.8 million; whether mobile chats sent per day for the combined
company will be 65.3 million; whether mobile new users per day for the
combined company will be 130,000; whether the combined company will have
nearly 1.1 million US mobile DAU; whether the if(we) acquisition will
provide significantly increased scale in user base and provide stronger
operating leverage; whether the if(we) acquisition provides a clear
pathway to $150 million in annualized revenue with adjusted EBITDA of
$50 million for the combined company; whether if(we) mobile apps will
continue to see significant revenue growth in 2017; whether Tagged and
hi5 will remain separate brands and stand-alone mobile applications
following the closing; whether if(we) headquarters will remain in San
Francisco following the closing; whether the if(we) acquisition will
generate additional free cash flow for MeetMe in the first twelve months
following closing and how MeetMe will fund the acquisition of if(we).
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, any changes in popular mobile 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, 2015, the Form 10-Q for the quarter ended
June 30, 2016 and the Current Reports on Form 8-K filed on October 4,
2016 and 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 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.

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.

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 non­cash in nature.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170306006258/en/

MEET Investor Contact:
MKR Group Inc.
Todd Kehrli
meet@mkr-group.com

Source: MeetMe, Inc.

Total Revenue for 2016 Increased 34% Year Over Year

Mobile Revenue for 2016 Increased 56% Year Over Year

GAAP Net Income for 2016 (excluding one-time deferred tax benefit)
Increased 204% Year Over Year

Adjusted EBITDA for 2016 Increased 45% Year Over Year

Full Year Adjusted EBITDA Margin Increased to 39%

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today reported financial results for its full year and fourth
quarter ended December 31, 2016.

Full Year 2016 Financial Highlights

• Total revenue was $76.1 million, up 34% year over year.
• Mobile revenue was $70.7 million, up 56% year over year.
• GAAP net income was $46.3 million, or $0.80 per diluted share
  (excluding a one-time deferred tax benefit, net income was $18.2
  million, or $0.31 per diluted share, up 204% year over year).
• Non-GAAP net income was $26.9 million, or $0.47 per diluted share, up
  60% year over year.
• Adjusted EBITDA was $29.3 million, or a 39% margin, up 45% year over
  year. (See the important discussion about the presentation of non-GAAP
  financial measures, and reconciliation to the most direct comparable
  GAAP financial measure, below.)

Fourth Quarter 2016 Financial Highlights

• Total revenue was $29.2 million, up 47% year over year.
• Mobile revenue was $27.8 million, up 62% year over year.
• GAAP net income was $9.9 million, or $0.15 per diluted share, up 63%
  year over year.
• Non-GAAP net income was $12.4 million, or $0.19 per diluted share, up
  56% year over year.
• Adjusted EBITDA was $12.8 million, or a 44% margin, up 42% year over
  year. (See the important discussion about the presentation of non-GAAP
  financial measures, and reconciliation to the most direct comparable
  GAAP financial measure, below.)
• Cash and Cash Equivalents totaled $21.9 million at December 31, 2016.

Geoff Cook, Chief Executive Officer of MeetMe, stated, “We made
tremendous progress on multiple fronts in 2016. We achieved record
financial results for the year, reflecting the increasing value of our
audience to mobile advertisers, as well as our growth in mobile
engagement through product innovation and the acquisition of Skout.

“Through our combination with Skout, we brought two of the largest
mobile apps for meeting and chatting with new people into the same
portfolio, increasing our scale to more than eight million monthly
active users. With the signing of our agreement to acquire if(we)
announced today, we continue to execute on our vision to innovate,
acquire and build the largest mobile portfolio of brands for meeting and
chatting with new people. The addition of if(we)’s Tagged and hi5 brands
into our portfolio is expected to increase our monthly active users to
more than 10 million, giving us even greater scale for monetization and
increased profits.”

David Clark, Chief Financial Officer of MeetMe, added, “Our record
mobile revenue for the year increased 56% year over year and was driven
by growth in the mobile engagement of our users, as well as by the
continued strength in the mobile advertising industry. Our record
adjusted EBITDA for the year increased 45% to $29.3 million,
representing a 39% adjusted EBITDA margin. During the year, we
internally funded the $28.5 million cash portion of the total
consideration for our acquisition of Skout, as well as $5 million of
stock buybacks, while still ending the year with a $2.6 million increase
in our cash balance.”

Webcast and Conference Call Details

Management will host a webcast and conference call to discuss full year
and fourth quarter 2016 financial results today, March 6, 2017 at 4:30
p.m. Eastern time. To access the call dial 888-337-8202 (US and Canada)
or +1 913-312-1450 (International) and when prompted provide the
participant passcode 1061836 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.meetmecorp.com
and a replay of the webcast will be available for 90 days.

About MeetMe, Inc.

Through its portfolio of brands, MeetMe (NASDAQ: MEET) is meeting the
universal need for human connection. Using innovative products and
sophisticated data science, MeetMe keeps its approximately two million
daily active users engaged and originates untold numbers of casual
chats, friendships, dates, and marriages. MeetMe offers advertisers the
opportunity to reach customers on a global scale with hundreds of
millions of daily mobile ad impressions. MeetMe utilizes high user
density, economies of scale, and leading monetization strategies to
maximize EBITDA. MeetMe’s apps are available on iPhone, iPad, and Android in
multiple languages worldwide. For more information, please visit meetmecorp.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 we will continue to
execute against our Skout integration plan, whether and when we will
close the if(we) acquisition, whether the addition of if(we)’s Tagged
and hi5 brands into our portfolio will increase our MAU to more than 10
million and give us even greater scale for monetization and increased
profitability, whether our mobile user engagement will continue to grow,
whether we will continue to capitalize on our mobile opportunity,
whether the mobile advertising industry will remain strong, and whether
advertising rates on mobile devices will continue to increase. 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, 2015 filed with the SEC on March 8, 2016
and our Current Reports on Form 8-K filed with the SEC on October 4,
2016 and 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 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170306006201/en/

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

Source: MeetMe, Inc.

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced the appointment of Chris Fralic, a technology
industry veteran and partner at First Round Capital, to the company’s
board of directors. On February 27, MeetMe’s board expanded its number
from five to six members, and appointed Fralic to fill the newly-created
vacancy.

Fralic brings over 30 years of technology industry experience including
having served in several significant Internet business development roles
since 1996. He joined First Round in 2006 and has focused on numerous
investment areas that include advertising and marketing technology,
social/mobile, eCommerce/travel, connected devices and gaming. Prior to
joining First Round, Fralic served as VP of Business Development at
social bookmarking and tagging company del.icio.us through
its acquisition by Yahoo! He was also one of the early employees at
Half.com, where he served as VP of Business Development starting in
1999, and following the company’s acquisition by eBay, he spent six
years with eBay in a variety of business development, media and
entertainment roles. Fralic has also attended the TED Conference for
more than 20 years and helped to launch TEDTalks, which have now been
viewed over four billion times.

“Chris is a well known technology veteran who brings substantial
experience to MeetMe, including a strong network and deep industry
expertise,” said Geoff Cook, CEO of MeetMe. “He was also an investor in
our predecessor company myYearbook and served as a board observer until
the merger with Quepasa in 2011. We are very excited to have him join
our board and look forward to his contribution.”

About MeetMe

Through its portfolio of brands, MeetMe (NASDAQ: MEET) is meeting the
universal need for human connection. Using innovative products and
sophisticated data science, MeetMe keeps its approximately two million
daily active users engaged and originates untold numbers of casual
chats, friendships, dates, and marriages. MeetMe offers advertisers the
opportunity to reach customers on a global scale with hundreds of
millions of daily mobile ad impressions. MeetMe utilizes high user
density, economies of scale, and leading monetization strategies to
maximize EBITDA. MeetMe’s apps are available on iPhone,
iPad,
and Android
in multiple languages worldwide. For more information, please visit meetmecorp.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 Mr. Fralic will bring substantial experience to
MeetMe, including a strong network and deep industry expertise. 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, any changes
in popular mobile 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, 2015, the Form 10-Q for the quarter ended June 30, 2016 and
the Form 8-K filed on October 4, 2016. 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/20170301005343/en/

MEET Investors:
MKR Group Inc.
Todd Kehrli
meet@mkr-group.com

Source: MeetMe, Inc.

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced that management will host a conference call
on Monday, March 6, 2017 at 4:30 p.m. ET to discuss details and answer
questions about the company’s financial results for the fourth quarter
and fiscal year ended December 31, 2016.

MeetMe’s financial results will be issued in a press release after the
close of market on March 6 and prior to the call, which will be hosted
by MeetMe’s Chief Executive Officer, Geoff Cook, and Chief Financial
Officer, David Clark.

About MeetMe, Inc.

Through its portfolio of brands, MeetMe (NASDAQ: MEET) is meeting the
universal need for human connection. Using innovative products and
sophisticated data science, MeetMe keeps its approximately two million
daily active users engaged and originates untold numbers of casual
chats, friendships, dates, and marriages. MeetMe offers advertisers the
opportunity to reach customers on a global scale with hundreds of
millions of daily mobile ad impressions. MeetMe utilizes high user
density, economies of scale, and leading monetization strategies to
maximize EBITDA. MeetMe’s apps are available on iPhone,
iPad,
and Android
in multiple languages worldwide. For more information, please visit meetmecorp.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170227006482/en/

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

Source: MeetMe, Inc.

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe,
Inc. (NASDAQ: MEET), a public market leader for social discovery, today
announced it has begun rolling out new functionality that enables the
user bases of its two primary apps, MeetMe and Skout, to chat with each
other seamlessly. With the completion of this latest rollout, users will
be able to browse the combined user bases, view profiles and photos from
both apps, and chat between the two platforms. MeetMe intends to
complete the rollout across its mobile applications over the next month.

When the rollout is complete, MeetMe users will be able to chat with 60%
more users, and Skout users will be able to chat with 162% more users
than they were previously able to on MeetMe or Skout alone. The company
believes this increase in user density has global implications, as Skout
has an 80% international audience and a sizeable presence in a number of
non-English speaking markets that MeetMe also serves.

“This release is another key milestone in our plan to maximize the
potential of the Skout acquisition and lay the groundwork for others to
come,” said Geoff Cook, CEO of MeetMe. “Most importantly, though, we
believe it improves our users’ experience in a very real way by adding
more people to chat with and meet. We believe this substantial increase
in user density may lead to higher engagement and more sessions per day,
as users will be able to find better, more relevant matches.”

About MeetMe, Inc.

Through its portfolio of brands, MeetMe (NASDAQ: MEET) is meeting the
universal need for human connection. Using innovative products and
sophisticated data science, MeetMe keeps its approximately two million
daily active users engaged and originates untold numbers of casual
chats, friendships, dates, and marriages. MeetMe offers advertisers the
opportunity to reach customers on a global scale with hundreds of
millions of daily mobile ad impressions. MeetMe utilizes high user
density, economies of scale, and leading monetization strategies to
maximize EBITDA. MeetMe’s apps are available on iPhone, iPad, and Android in
multiple languages worldwide. For more information, please visit meetmecorp.com.

Cautionary Note Concerning Forward-Looking Statements

Certain statements in this press release are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995, including whether users will be able to browse our combined user
bases, view profiles and photos from both the MeetMe and Skout apps, and
chat between the two platforms, whether we will complete the roll-out
across our mobile applications over the next month as anticipated,
whether when the roll-out is complete MeetMe users will be able to chat
with 60% more users, and Skout users will be able to chat with 162% more
users than they were previously able to on MeetMe or Skout alone,
whether this increase in user density will have global implications,
whether we will maximize the potential of the Skout acquisition, whether
this release will lay the groundwork for others to come, whether this
release will improve our users’ experience in a very real way by adding
more people to chat with and meet, whether this increase in user density
will lead to higher engagement and more sessions per day, and whether
users will be able to find better, more relevant matches. All statements
other than statements of historical facts contained herein are
forward-looking statements. The words “believe,” “may,” “estimate,”
“continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,”
“potential,” “project,” “is likely,” “expect” and similar expressions,
as they relate to us, are intended to identify forward-looking
statements. We have based these forward-looking statements largely on
our current expectations and projections about future events and
financial trends that we believe may affect our financial condition,
results of operations, business strategy and financial needs. Important
factors that could cause actual results to differ from those in the
forward-looking statements include the risk that our applications will
not function easily or otherwise as anticipated, the risk that we will
not launch additional features and upgrades as anticipated, any changes
in popular mobile 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, 2015, the Form 10-Q for the quarter ended June 30, 2016 and
the Form 8-K filed on October 4, 2016. 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/20170222005507/en/

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

Source: MeetMe, Inc.