NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe,
Inc. (NASDAQ: MEET), a public market leader for social discovery, today
announced that CEO Geoff Cook has been named to the Global
Dating Insights 2017 Power Book list of the most influential and
powerful players in the online dating industry.

The Power Book 2017 recognizes the people who are truly driving, shaping
and defining the online dating industry, examining the events of the
past 12 months and focusing on the leaders and companies who have
influenced the industry during this period.

Global Dating Insights Founder Simon Corbett said: “To be named as one
of the leaders within this challenging and exciting industry is a huge
achievement; congratulations to all who are named.”

MeetMe CEO Geoff Cook said: “It’s an honor to be named among the most
influential people in the online dating industry. Through our MeetMe and
Skout applications, we believe we are satisfying the universal need for
human connection, and we look forward to continuing to innovate and grow
in this exciting space.”

About MeetMe, Inc.

Through its MeetMe® and Skout® mobile apps and websites, MeetMe is a
leading social network for meeting new people in the US and a public
market leader for social discovery (NASDAQ: MEET). MeetMe makes it easy
to discover new people to chat with on mobile devices. With
approximately two million total daily active users, MeetMe is fast
becoming the social gathering place for the mobile generation. MeetMe is
a leader in mobile monetization with a diverse revenue model comprising
advertising, user credits, and subscriptions. 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 we will continue to innovate and grow in the
online dating space. 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/20170214005452/en/

GDI PR Contact:
Rachel Macpherson, T: 07708 86 93 56
rachel.macpherson@jargonpr.com
or
MeetMe
PR Contacts:
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.

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe,
Inc. (NASDAQ: MEET), a public market leader for social discovery, today
announced it has enhanced its interest-based group communication
platform, Discuss, by adding the capability for users to reply directly
to other comments. Launched in 2016 on the MeetMe app as a significant
evolution of the previous Feed feature, Discuss fosters conversation,
connection, and community among like-minded MeetMe users.

“We believe this new reply functionality further strengthens the Discuss
community by enabling users to more effectively share their interests
with others,” said Geoff Cook, CEO of MeetMe. “Users not only have a
place to connect and discuss interesting topics, but they can now
directly engage and keep the conversation flowing by replying to
specific comments.”

About MeetMe, Inc.

Through its MeetMe® and Skout® mobile apps and websites, MeetMe is a
leading social network for meeting new people in the US and a public
market leader for social discovery (NASDAQ: MEET). MeetMe makes it easy
to discover new people to chat with on mobile devices. With
approximately two million total daily active users, MeetMe is fast
becoming the social gathering place for the mobile generation. MeetMe is
a leader in mobile monetization with a diverse revenue model comprising
advertising, user credits, and subscriptions. 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 Discuss will foster conversation, connection,
and community among like-minded MeetMe users, and whether new reply
functionality will further strengthen the Discuss community by enabling
users to more effectively share their interests with others. 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/20170123005340/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.

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced it has launched cross-promotional placements
in both its MeetMe and Skout applications allowing each app to promote
the other. The placements can be seen throughout popular sections and
features on both applications.

“In recent days, MeetMe and Skout have driven about ten thousand
installs to each other per day, representing a substantial marketing
synergy,” said Geoff Cook, CEO of MeetMe. “In addition, because the apps
and their core users are so similar, we believe these installs perform
better than average in terms of likelihood to sign up and to stay
active.”

Added Cook, “This is only the beginning of the integration of the Skout
and MeetMe apps. We expect to start displaying MeetMe users inside of
Skout and Skout users inside of MeetMe, along with the ability to chat
seamlessly across the two platforms, by the end of the current first
quarter.”

About MeetMe, Inc.

Through its MeetMe® and Skout® mobile apps and websites, MeetMe is a
leading social network for meeting new people in the US and a public
market leader for social discovery (NASDAQ: MEET). MeetMe makes it easy
to discover new people to chat with on mobile devices. With
approximately two million total daily active users, MeetMe is fast
becoming the social gathering place for the mobile generation. MeetMe is
a leader in mobile monetization with a diverse revenue model comprising
advertising, user credits, and subscriptions. 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 cross-promotional placements will promote
our apps as intended, whether MeetMe and Skout will continue to drive
installs to each other and if so at what rate, whether the
cross-promotional installs will perform better than average in terms of
likelihood to sign up and to stay active, whether we will continue to
integrate our Skout and MeetMe apps as anticipated, and whether will
start displaying MeetMe users inside of Skout and Skout users inside of
MeetMe, along with the ability to chat seamlessly across the two
platforms, by the end of the current first quarter. 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/20170117005584/en/

Press contact:
Fresh PR
Jeannine Jacobi, 323-903-7063
jeannine@freshpr.net
or
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 be a featured presenter at the iDate Online Dating
Industry Conference (http://idate2017.com)
taking place at the Miami Beach Botanical GardenJanuary 24-26, 2017.
MeetMe’s CEO, Geoff Cook, will deliver the conference keynote address
and speak on current trends with the online dating business and publicly
traded stocks. The iDate Conference, the industry’s largest annual trade
show, focuses on all business aspects of online dating and social
networking and brings together CEOs in this critical and burgeoning
market to identify new opportunities, including possible ways to boost
traffic and revenue.

“I am looking forward to presenting some of the current trends in the
dating and meeting new people space,” said Geoff Cook, CEO of MeetMe.
“The iDate Conference is a powerful opportunity for leaders in our field
to come together, share ideas, and develop future strategies.”

About MeetMe, Inc.

Through its MeetMe® and Skout® mobile apps and websites, MeetMe is a
leading social network for meeting new people in the US and a public
market leader for social discovery (NASDAQ: MEET). MeetMe makes it easy
to discover new people to chat with on mobile devices. With
approximately two million total daily active users, MeetMe is fast
becoming the social gathering place for the mobile generation. MeetMe is
a leader in mobile monetization with a diverse revenue model comprising
advertising, user credits, and subscriptions. MeetMe’s apps are
available on iPhone, iPad, and Android in
multiple languages worldwide. For more information, please visit meetmecorp.com.

About the Dating Industry Conference

As the largest business conference for the dating industry, “iDate”
gathers C-Level executives and thought leaders worldwide in one room.
iDate provides dating industry executives education, ideas and insight.

iDate also runs the iDate
Awards which recognize the best in the online dating industry. iDate
Directory is a supplier’s business directory.

For more information, please visit the website http://date2017.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 Mr. Cook will appear at the iDate Conference and
deliver the keynote address as expected, and whether the iDate
Conference will yield new opportunities, including possible ways to
boost traffic and revenue. All statements other than statements of
historical facts contained herein are forward-looking statements. The
words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,”
“should,” “plan,” “could,” “target,” “potential,” “project,” “is
likely,” “expect” and similar expressions, as they relate to us, are
intended to identify forward-looking statements. We have based these
forward-looking statements largely on our current expectations and
projections about future events and financial trends that we believe may
affect our financial condition, results of operations, business strategy
and financial needs. Important factors that could cause actual results
to differ from those in the forward-looking statements include the risk
that our applications will not function easily or otherwise as
anticipated, the risk that we will not launch additional features and
upgrades as anticipated, 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/20170110005597/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.

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today reported preliminary revenue results for its fourth
quarter ended December 31, 2016. MeetMe is releasing these results in
anticipation of meetings with institutional investors in Los Angeles,
San Diego, San Francisco, Portland and Denver between January 5 and
January 13, 2017.

Preliminary Fourth Quarter 2016 Revenue Results

Total revenue for the quarter is expected to be approximately $29.1
million, representing growth of 46% year over year. Previously MeetMe
had provided revenue guidance in the range of $27.5 million to $29
million for the quarter.

David Clark, Chief Financial Officer of MeetMe, commented:

“Mobile advertising rates in the United States increased to record
levels in the fourth quarter, resulting in better than expected revenue
performance from both our MeetMe and Skout brands. Each brand achieved
its highest recorded revenue days ever in late December, and the two
brands combined generated more than $400,000 in revenue in a single day
for the first time in December, which they then repeated six more times
before the year ended. Additionally, we started 2017 with a record 33
million chats sent on a single day on our MeetMe property.”

Earnings Call and Webcast

MeetMe expects to report full fourth quarter and 2016 year-end results
in early March. Details on the earnings conference call and webcast will
be provided in a separate press release.

About MeetMe, Inc.

Through its MeetMe® and Skout® mobile apps and websites, MeetMe is a
leading social network for meeting new people in the US and a public
market leader for social discovery (NASDAQ: MEET). MeetMe makes it easy
to discover new people to chat with on mobile devices. With
approximately two million total daily active users, MeetMe is fast
becoming the social gathering place for the mobile generation. MeetMe is
a leader in mobile monetization with a diverse revenue model comprising
advertising, user credits, and subscriptions. 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 for the fourth quarter will be
approximately $29.1 million, whether we will hold investor meetings as
anticipated, whether mobile CPMs in the United States will increase in
the future, whether our brands will generate record revenue in the
future, whether we set records for the number of chats sent on a single
day in the future, and whether we will report results for the fourth
quarter and the full year 2016 in early March. 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, 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/20170105005542/en/

Investors:
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, announced today that its mobile CPMs in the United States
increased 14% year over year for the month of November. MeetMe also
reiterated its fourth quarter and full year 2016 guidance ahead of its
participation in the 5^th Annual ROTH Utah Corporate Access
Event taking place December 9-11, 2016 in Park City, Utah. MeetMe’s
Chief Revenue Officer, William Alena, will be meeting with institutional
investors at the event.

Fourth Quarter 2016 Guidance

• Revenue for the quarter is expected to be in the range of $27.5
  million and $29.0 million, representing growth of between 38% and 46%
  year over year.
• Adjusted EBITDA for the quarter is expected to be in the range of
  $11.5 million and $13.5 million, representing growth of between 28%
  and 50% year over year.

Full Year 2016 Guidance

• Revenue for the year is expected to be in the range of $74.5 million
  to $76.0 million, representing growth of between 31% and 34% year over
  year.
• Adjusted EBITDA for the year is expected to be in the range of $28.0
  million to $30.0 million, representing growth of between 38% and 48%
  year over year.

To arrange a one-on-one meeting with Mr. Alena at the Roth event, please
contact either your ROTH Capital Partners salesperson, or the MKR Group
at meet@mkr-group.com.

About MeetMe, Inc.

Through its MeetMe® and Skout® mobile apps and websites, MeetMe is a
leading social network for meeting new people in the US and a public
market leader for social discovery (NASDAQ: MEET). MeetMe makes it easy
to discover new people to chat with on mobile devices. With
approximately two million total daily active users, MeetMe is fast
becoming the social gathering place for the mobile generation. MeetMe is
a leader in mobile monetization with a diverse revenue model comprising
advertising, user credits, and subscriptions. 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 mobile CPMs in the United States will
increase in the future, whether we will participate in the ROTH event
and hold upcoming investor meetings as anticipated, and whether we will
obtain projected revenue and adjusted EBITDA as anticipated for the
fourth quarter and the full year 2016,. 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, 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.

Regulation G – Non-GAAP Financial Measures

The Company uses financial measures, including Adjusted EBITDA, 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.

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

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/20161205005472/en/

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 2^nd
Annual ROTH Capital Partners Annual Technology Corporate Access Day on
November 16, 2016 in New York City.

MeetMe management will participate in one-on-one meetings with
institutional investors throughout the course of the day. To arrange a
one-on-one meeting, please contact either your ROTH sales salesperson,
or the MKR Group, MeetMe’s investor relations firm, at meet@mkr-group.com.

About MeetMe, Inc.

Through its MeetMe® and Skout® mobile apps and websites, MeetMe is a
leading social network for meeting new people in the US and the public
market leader for social discovery (NASDAQ: MEET). MeetMe makes it easy
to discover new people to chat with on mobile devices. With
approximately two million total daily active users, MeetMe is fast
becoming the social gathering place for the mobile generation. MeetMe is
a leader in mobile monetization with a diverse revenue model comprising
advertising, user credits, and subscriptions. 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/20161110005305/en/

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

Source: MeetMe, Inc.

Total Revenue Increased 20% Year Over Year

Mobile Revenue Increased 39% Year Over Year

Adjusted EBITDA Increased 31% Year Over Year

GAAP Net Income Increased 316% Year Over Year

Non-GAAP Net Income Increased 30% Year Over Year

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ:MEET), a public market leader for social discovery,
today reported financial results for its third quarter ended September
30, 2016.

Third Quarter 2016 Financial Highlights

• Total revenue increased 20% year over year to a third quarter record
  $17.2 million.
• Mobile revenue increased 39% year over year to $16.0 million.
• Adjusted EBITDA increased 31% year over year to $6.9 million. (See the
  important discussion about the presentation of non-GAAP financial
  measures, and reconciliation to the most direct comparable GAAP
  financial measure, below.)
• Adjusted EBITDA margin increased to 40%, up from 37% in the third
  quarter of 2015.
• GAAP net income increased 316% year over year to $4.4 million, or
  $0.07 per diluted share.
• Non-GAAP net income increased 30% year over year to $6.2 million, or
  $0.10 per diluted share.
• Cash and Cash Equivalents totaled $46 million at September 30, 2016,
  an increase of 43% or $13.9 million from $32.1 million at June 30,
  2016.

Geoff Cook, Chief Executive Officer of MeetMe, stated, “Our strong
quarterly results reflect continued solid growth in our mobile user
engagement. MeetMe’s mobile daily active users for the quarter increased
18% year over year while our mobile monthly active users increased 32%
year over year. Mobile ARPU also grew both sequentially and year over
year.

“We made tremendous progress during the quarter on multiple fronts. We
completed our acquisition of Skout on October 3^rd and have
begun executing against our integration plan. With our new Discuss
platform, we increased comments and likes on topical posts by 70%. Our
innovative team also made strides toward the launch of an exciting new
mobile video product that is currently planned for the first quarter of
2017. Combined with Skout, MeetMe now has more than eight million
monthly active users and one of the largest mobile user bases of
millennials, and we remain focused on continuing to capitalize on this
significant mobile opportunity.”

David Clark, Chief Financial Officer of MeetMe, added, “Mobile revenue
for the quarter increased 39% year over year, driven by growth in mobile
user engagement and continued strength in the mobile advertising
industry, which resulted in higher advertising rates on mobile devices.
Adjusted EBITDA increased 31% to $6.9 million for the quarter with a 40%
adjusted EBITDA margin. We internally funded $5 million of stock
buybacks which occurred in September and October, as well as the cash
portion of our acquisition of Skout, which closed on October 3^rd.
Currently we have more than $14 million in cash on our balance sheet.”

Webcast and Conference Call Details

Management will host a webcast and conference call to discuss third
quarter 2016 financial results today, November 7, 2016 at 8:00 a.m.
Eastern time. To access the call dial 877-857-6149 (+1 719-325-4907
outside the United States) and when prompted provide the participant
passcode 5252198 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 MeetMe® and Skout® mobile apps and websites, MeetMe is a
leading social network for meeting new people in the US and the public
market leader for social discovery (NASDAQ: MEET). MeetMe makes it easy
to discover new people to chat with on mobile devices. With
approximately two million total daily active users, MeetMe is fast
becoming the social gathering place for the mobile generation. MeetMe is
a leader in mobile monetization with a diverse revenue model comprising
advertising, user credits, and subscriptions. 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 our EPS will continue
to increase, whether we will execute against our Skout integration plan,
whether our Discuss platform will lead to increased comments and likes
on topical posts, whether we will continue to make strides toward the
launch of a new mobile video product, whether we will launch our mobile
video product in the first quarter of 2017, 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
Report on Form 8-K filed with the SEC 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.

Regulation G – Non-GAAP Financial Measures

The Company uses financial measures 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
continuing operations before interest expense, change in warrant
liability, benefit or provision for income taxes, depreciation and
amortization, and non-cash stock-based compensation, non-recurring
acquisition and restructuring expenses, gain or loss on cumulative
foreign currency translation adjustment, gain on sale of asset, bad debt
expense outside the normal range, and the goodwill 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)
from continuing operations before benefit or provision for income taxes,
amortization on intangibles, non-recurring acquisition and restructuring
costs, and non-cash stock­based 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/20161107005376/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 joined the Family
Online Safety Institute (FOSI). FOSI is the nation’s leading
organization dedicated to educating parents, companies, children,
educators and policy makers about Internet safety. Fred Beckley,
MeetMe’s General Counsel and EVP of Business Affairs, will join FOSI’s
Board of Directors.

“I am delighted to welcome MeetMe as our newest member,” said Stephen
Balkam, CEO of the Family Online Safety Institute. “MeetMe employs a
variety of industry-leading best practices to monitor their active
community. The addition of Fred Beckley to our board allows us to learn
from MeetMe’s innovative work with both technological and human safety
processes, and we are eager to share their best practices with our
membership and the broader Internet community.”

“As one of the largest mobile platforms for meeting and chatting with
new people, we recognize the important role we play in educating users
about safe online practices,” said Mr. Beckley. “I am excited to join
the FOSI Board and look forward to the opportunity to collaborate with
other leading companies in our space.”

About MeetMe, Inc.

Through its MeetMe® and Skout® mobile apps and websites, MeetMe is a
leading social network for meeting new people in the US and the public
market leader for social discovery (NASDAQ: MEET). MeetMe makes it easy
to discover new people to chat with on mobile devices. With
approximately two million total daily active users, MeetMe is fast
becoming the social gathering place for the mobile generation. MeetMe is
a leader in mobile monetization with a diverse revenue model comprising
advertising, user credits, and subscriptions. MeetMe’s apps are
available on iPhone, iPad, and
Android in
multiple languages worldwide. For more information, please visit meetmecorp.com.

About FOSI

The Family Online Safety Institute is an international, non-profit
organization that works to make the online world safer for kids and
their families. FOSI convenes leaders in industry, government and the
non-profit sectors to collaborate and innovate new solutions and
policies in the field of online safety. Through research, resources,
events and special projects, FOSI promotes a culture of responsibility
online and encourages a sense of digital citizenship for all. FOSI’s
membership includes 30 of the leading Internet and telecommunications
companies around the world.

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 collaborate with other leading companies
in our space. 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. 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, 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/20161104005162/en/

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 that management will host a conference call
on Monday, November 7, 2016, at 8:00 a.m. ET to discuss details and
answer questions about the company’s financial results for the third
quarter ended September 30, 2016.

Financial results will be issued in a press release 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 MeetMe® and Skout® mobile apps and websites, MeetMe is a
leading social network for meeting new people in the US and the public
market leader for social discovery (NASDAQ: MEET). MeetMe makes it easy
to discover new people to chat with on mobile devices. With
approximately two million total daily active users, MeetMe is fast
becoming the social gathering place for the mobile generation. MeetMe is
a leader in mobile monetization with a diverse revenue model comprising
advertising, user credits, and subscriptions. 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/20161027006775/en/

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 that it now displays mobile banner ads to its
international users. The company first began testing international ad
placements in late August of this year. Prior to that, it displayed ads
only to its English-language users.

Geoff Cook, CEO of MeetMe, said, “Given the expected increase in
advertising rates in the fourth quarter, we are pleased that our test of
international ad placements has proceeded ahead of schedule with the
launch of mobile banners to all non-English users. We will continue to
experiment with other mobile ad units as well, including interstitials
and native ads, as we seek to optimize the value of our international
traffic.”

About MeetMe

MeetMe® is a leading social network for meeting new people in the US and
the public market leader for social discovery (NASDAQ: MEET). MeetMe
makes it easy to discover new people to chat with on mobile devices.
With approximately 90 percent of traffic coming from mobile and more
than one million total daily active users, MeetMe is fast becoming the
social gathering place for the mobile generation. MeetMe is a leader in
mobile monetization with a diverse revenue model comprising advertising,
native advertising, virtual currency, and subscription. MeetMe apps are
available on iPhone, iPad, and Android in multiple languages, including
English, Spanish, Portuguese, French, Italian, German, Chinese
(Traditional and Simplified), Russian, Japanese, Dutch, Turkish, Korean,
Hindi, Bengali and Vietnamese. 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 advertising rates will increase in the fourth
quarter, whether will continue to experiment with other mobile ad units,
including interstitials and native ads, and whether we will optimize the
value of our international traffic. 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. 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, 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/20161005005354/en/

MEET Investor Contact:
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 it has completed its acquisition of
Skout, Inc., a leading global mobile network for meeting new people.
MeetMe expects the acquisition, which closed on October 3, 2016, to
significantly increase both the size of its user base and its total
revenue, allowing for greater monetization, strong operating leverage
and increased profitability. Skout’s revenue for its third quarter ended
September 30, 2016 is expected to be approximately $6.6 million and its
trailing twelve months’ revenue as of September 30, 2016 is expected to
be approximately $26 million.

MeetMe also announced preliminary revenue results for its third quarter
of 2016, ended September 30, 2016. For the third quarter MeetMe expects
its standalone revenue to be approximately $17.2 million, which is
within the company’s previously provided guidance range and represents
growth of approximately 20% year over year.

Geoff Cook, CEO of MeetMe, said, “With the completion of this
acquisition, we have brought together two of the largest mobile apps for
meeting and chatting with new people, which combined have more than
eight million monthly active users and boast one of the largest mobile
user bases of the coveted millennial generation. As we continue to
capitalize on the increase in ad dollars being spent on mobile
advertising, we believe we are well positioned with our significantly
increased scale to deliver greater monetization and increased
profitability.”

In connection with the Skout acquisition, MeetMe granted stock options
to purchase an aggregate of up to 355,000 shares of its common stock to
25 former Skout employees as an inducement material to becoming
non-executive employees of MeetMe at the closing. Each option has a
ten-year term, a three-year vesting period, subject to continued
employment, and an exercise price of $6.12 per share, the closing price
per share of MeetMe’s common stock on the grant date. The grants were
made under the Company’s 2016 Inducement Omnibus Incentive Plan, which
was adopted by the Board effective October 3, 2016 in accordance with
NASDAQ Listing Rule 5635(c)(4).

MeetMe has not finalized its financial statement review process for the
third quarter of 2016. As a result, the information in this release is
preliminary and based upon information available to MeetMe as of the
date of this release. During the course of MeetMe’s review process,
items may be identified that would require MeetMe to make adjustments,
which could result in changes to our preliminary selected financial
information above. As a result, the preliminary selected financial
information above is forward-looking information and subject to risks
and uncertainties, including possible adjustments to such information.

MeetMe plans to report its final unaudited financial results for the
third quarter of 2016 and host a conference call and webcast in early
November 2016. The time and access details for the conference call and
webcast will be provided in advance of the date of the call.

About MeetMe

MeetMe® is a leading social network for meeting new people in the US and
the public market leader for social discovery (NASDAQ: MEET). MeetMe
makes it easy to discover new people to chat with on mobile devices.
With approximately 90 percent of traffic coming from mobile and more
than one million total daily active users, MeetMe is fast becoming the
social gathering place for the mobile generation. MeetMe is a leader in
mobile monetization with a diverse revenue model comprising advertising,
native advertising, virtual currency, and subscription. MeetMe apps are
available on iPhone, iPad, and Android in multiple languages, including
English, Spanish, Portuguese, French, Italian, German, Chinese
(Traditional and Simplified), Russian, Japanese, Dutch, Turkish, Korean,
Hindi, Bengali and Vietnamese. 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 Skout acquisition will significantly
increase the size of MeetMe’s user base and total revenue, allowing for
greater monetization, strong operating leverage and increased
profitability, whether Skout’s revenue for its third quarter ended
September 30, 2016 will be approximately $6.6 million, whether Skout’s
trailing twelve months’ revenue as of September 30, 2016 will be
approximately $26 million, whether our standalone revenue for the
quarter ended September 30, 2016 will be approximately $17.2 million,
whether an increasing amount of money will continue to be spent on
mobile advertising and whether we will continue to capitalize on that
increase, and whether we will be well positioned with our significantly
increased scale to deliver greater monetization and increased
profitability. 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. Important factors that could
cause actual results to differ from those in the forward-looking
statements include Skout shareholder approval of the proposed
acquisition or that other conditions to the closing of the acquisition
may not be satisfied, the potential impact on the business of MeetMe or
Skout due to the announcement of the acquisition, the occurrence of any
event, change or other circumstances that could give rise to the
termination of the definitive agreement, the risk that the expected
benefits and synergies of the acquisition are not achieved and general
economic conditions. 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, 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/20161004005598/en/

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

Source: MeetMe, Inc.

#6 Among Large Apps for Concentration of Users Age 18-34

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, has been named a top millennial app by comScore
Inc.’s 2016 U.S. Mobile App Report. MeetMe ranked number six out of
the top 20 apps with the highest concentration of users falling between
the ages of 18-34. The ranking was based on apps with greater than 1.5
million monthly active users within that age group.

“We are excited to again be ranked as one of the top mobile apps for
millennials,” said Bill Alena, Chief Revenue Officer of MeetMe. “We
believe this high ranking reflects our ability to help our advertisers
reach this highly coveted demographic.”

About MeetMe, Inc.

MeetMe® is a leading social network for meeting new people in the US and
a public market leader for social discovery (NASDAQ: MEET). MeetMe makes
it easy to discover new people to chat with on mobile devices. With
approximately 90 percent of traffic coming from mobile and more than one
million total daily active users, MeetMe is fast becoming the social
gathering place for the mobile generation. MeetMe is a leader in mobile
monetization with a diverse revenue model comprising advertising, native
advertising, virtual currency, and subscription. MeetMe apps are
available on iPhone, iPad, and Android in multiple languages, including
English, Spanish, Portuguese, French, Italian, German, Chinese
(Traditional and Simplified), Russian, Japanese, Dutch, Turkish and
Korean. For more information, please visit meetmecorp.com.

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 comScore ranking reflects our ability to
help our advertisers reach millennial users between the ages of 18-34.
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 and the Form 10-Q for the quarter ended June 30, 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/20160916005122/en/

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

Source: MeetMe, Inc.

Company Buys Back $2 Million of its Common Stock

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, announced today that the California Department of Business
Oversight has determined that the terms and conditions of the offer and
sale of MeetMe common stock in its proposed merger with Skout, Inc. are
fair, and that the Department has issued a permit authorizing MeetMe to
issue shares of common stock in the merger. The determination was made
at the conclusion of a fairness hearing conducted under Section 25121 of
the California Corporations Code.

The issuance of the permit will allow for the shares of MeetMe common
stock to be issued in reliance upon an exemption from registration
afforded by Section 3(a)(10) of the Securities Act of 1933, as amended,
such that MeetMe will not need to register such shares under the
Securities Act.

The proposed merger remains subject to the approval of Skout’s
shareholders and the satisfaction of certain other customary closing
conditions. MeetMe expects the acquisition to close in early October
2016.

MeetMe also announced today that it has repurchased approximately $2
million worth of its common stock in the open market since announcing
its $15 million share repurchase program on September 6, 2016.

About MeetMe, Inc.

MeetMe® is a leading social network for meeting new people in the US and
a public market leader for social discovery (NASDAQ: MEET). MeetMe makes
it easy to discover new people to chat with on mobile devices. With
approximately 90 percent of traffic coming from mobile and more than one
million total daily active users, MeetMe is fast becoming the social
gathering place for the mobile generation. MeetMe is a leader in mobile
monetization with a diverse revenue model comprising advertising, native
advertising, virtual currency, and subscription. MeetMe apps are
available on iPhone, iPad, and Android in multiple languages, including
English, Spanish, Portuguese, French, Italian, German, Chinese
(Traditional and Simplified), Russian, Japanese, Dutch, Turkish and
Korean. For more information, please visit meetmecorp.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995, including statements regarding whether we will close the
acquisition of Skout, Inc. as anticipated. 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, including the Form 10-K for the
year ended December 31, 2015 and the Form 10-Q for the quarter ended
June 30, 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/20160915005386/en/

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, announced today that its board of directors has approved a
one year share repurchase program that enables the company to purchase
up to $15 million of its shares of common stock from time to time in the
open market or through negotiated transactions. Share purchases will be
funded from cash from operations.

“With significant free cash flow being generated through our successful
business model, we believe our stock is undervalued and the repurchase
of our shares is an efficient use of our excess capital and will enhance
shareholder value,” said Geoff Cook, Chief Executive Officer of MeetMe.
“We believe the share repurchase program is supported by our growing
scale and increased profitability. The strength of our balance sheet
gives us the confidence and flexibility to execute this program and the
Skout, Inc. acquisition for the benefit of our shareholders.”

Repurchases under MeetMe’s program will be made in the open market or
through privately negotiated transactions intended to comply with the
Securities and Exchange Commission Rule 10b-18, subject to market
conditions, applicable legal requirements, and other relevant factors.
The share repurchase program does not obligate the Company to acquire
any particular amount of common stock, and it may be suspended at any
time at the Company’s discretion. MeetMe had approximately 54.4 million
shares of common stock outstanding as of August 31, 2016.

About MeetMe, Inc.

MeetMe® is a leading social network for meeting new people in the US and
a public market leader for social discovery (NASDAQ: MEET). MeetMe makes
it easy to discover new people to chat with on mobile devices. With
approximately 90 percent of traffic coming from mobile and more than one
million total daily active users, MeetMe is fast becoming the social
gathering place for the mobile generation. MeetMe is a leader in mobile
monetization with a diverse revenue model comprising advertising, native
advertising, virtual currency, and subscription. MeetMe apps are
available on iPhone, iPad, and Android in multiple languages, including
English, Spanish, Portuguese, French, Italian, German, Chinese
(Traditional and Simplified), Russian, Japanese, Dutch, Turkish and
Korean. For more information, please visit meetmecorp.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995, including statements regarding the anticipated amount and timing
of share repurchases, whether any such repurchases will occur, whether
shares will be repurchased in the open market or through negotiated
transactions, whether we will continue to generate significant free cash
flow, whether our business model will continue to be successful, whether
the repurchase of shares will be an efficient use of capital and enhance
shareholder value, whether the share repurchase program will continue to
be supported by our growing scale and increased profitability, whether
the strength of our balance sheet will give us flexibility to execute
the share repurchase program and the Skout, Inc. acquisition, and
whether repurchases will comply with Securities and Exchange Commission
Rule 10b-18. 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 and the Form 10-Q for the quarter ended June 30, 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/20160906005148/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 reaffirmed its commitment to industry leading user
safety for its more than five million monthly active users.

MeetMe makes user safety a top priority, devoting approximately 40% of
its entire workforce to regulating the content of its apps and
website. MeetMe employs a variety of human and technological filters to
monitor content, including a real-time human review of every newly
posted image. MeetMe has also developed a proprietary textual-monitoring
threat detection system that programmatically detects possible safety
issues and alerts its safety team of potential abuses.

MeetMe has a zero-tolerance policy for abusive behavior among its users
and encourages its members to report abuse, with a simple, one-click
reporting feature. MeetMe removes more than 1,000 user profiles per day
as part of its content review process. MeetMe also provides its users
with various privacy-setting options that allow them to manage who can
see their profile and make contact with them. MeetMe also allows its
users to block specific profiles entirely.

As part of its safety commitment, MeetMe promptly and proactively
reports instances of abusive behavior and inappropriate content posting
to the proper authorities. In addition, MeetMe promptly and proactively
reports potential safety issues (such as self-harm or potential suicidal
behavior) to local authorities.

MeetMe screens each new daily registrant against databases of known sex
offenders in the United States and regularly screens all active users
against these same lists, blocking registrations and activity from known
sex offenders. MeetMe has a proprietary age bracketing system to prevent
adults from communicating with and viewing the profiles of minors (and
vice versa).

MeetMe has taken numerous steps to educate its users – particularly
minors – about the dangers of online activity, and in particular, the
potential dangers of meeting a stranger in person. MeetMe prominently
displays safety messages to every new user of its mobile apps. MeetMe
never pinpoints users on a map, or gives their exact locations.

MeetMe created and operates SocialSafety.org,
an educational resource for online awareness.

About MeetMe, Inc.

MeetMe® is a leading social network for meeting new people in the US and
a public market leader for social discovery (NASDAQ: MEET). MeetMe makes
it easy to discover new people to chat with on mobile devices. With
approximately 90 percent of traffic coming from mobile and more than one
million total daily active users, MeetMe is fast becoming the social
gathering place for the mobile generation. MeetMe is a leader in mobile
monetization with a diverse revenue model comprising advertising, native
advertising, virtual currency, and subscription. MeetMe apps are
available on iPhone, iPad, and Android in multiple languages, including
English, Spanish, Portuguese, French, Italian, German, Chinese
(Traditional and Simplified), Russian, Japanese, Dutch, Turkish and
Korean. For more information, please visit meetmecorp.com.

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 percentage of our workforce we will devote to
regulating the content of our apps and website, whether we will continue
to employ a variety of human and technological filters to monitor
content, including a real-time human review of every newly posted image,
whether we will continue to use our proprietary textual-monitoring
threat detection system to programmatically detect possible safety
issues, whether we will continue to encourage our members to report
abuse with a simple, one-click reporting feature, whether we will
continue to remove user profiles as part of our content review process
and if so at what rate, whether we will continue to provide our users
with various privacy-setting options that allow them to manage who can
see their profile and make contact with them, and to allow user to block
specific profiles entirely, whether we will continue to promptly and
proactively report instances of abusive behavior, inappropriate content
posting and potential safety issues to the proper authorities, whether
we will continue to screen each new daily registrant against databases
of known sex offenders in the United States and regularly screen all
active users against those same lists, blocking registrations and
activity from known sex offenders, whether will continue to prevent
adults from communicating with and viewing the profiles of minors (and
vice versa), whether we will continue to take steps to educate our
users, whether we will continue our policy of not locating users on a
map or giving their exact locations, and whether will continue to
operate socialsafety.org. 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 and the Form 10-Q for the quarter ended June 30, 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/20160824005299/en/

Investors:
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 reiterated its financial guidance for the third quarter
and full year of 2016 in response to recent volatility in the Company’s
share price and in anticipation of upcoming investor meetings.

MeetMe Third Quarter 2016 Guidance

• Revenue for the quarter is expected to be in the range of $17.0
  million and $17.5 million, representing growth of between 19% and 22%
  year over year.
• Adjusted EBITDA for the quarter is expected to be in the range of $6.5
  million and $7.0 million, representing growth of between 25% and 35%
  year over year.

MeetMe Full Year 2016 Guidance

• Revenue for the year is expected to be in the range of $66.0 million
  to $68.0 million, representing growth of between 16% and 20% year over
  year.
• Adjusted EBITDA for the year is expected to be in the range of $25.0
  million to $27.0 million, representing growth of between 24% to 33%
  year over year.

Consolidated Full Year 2016 Guidance
(pending closing of
Skout, Inc. acquisition, expected in early October 2016)

• Revenue for the year is expected to be in the range of $73.5 million
  to $75.5 million, which would include three months of revenue
  contribution from Skout.
• Adjusted EBITDA for the year is expected to be in the range of $28.0
  million to $30.0 million, which would include three months of adjusted
  EBITDA contribution from Skout.

About MeetMe, Inc.

MeetMe® is a leading social network for meeting new people in the US and
a public market leader for social discovery (NASDAQ: MEET). MeetMe makes
it easy to discover new people to chat with on mobile devices. With
approximately 90 percent of traffic coming from mobile and more than one
million total daily active users, MeetMe is fast becoming the social
gathering place for the mobile generation. MeetMe is a leader in mobile
monetization with a diverse revenue model comprising advertising, native
advertising, virtual currency, and subscription. MeetMe apps are
available on iPhone, iPad, and Android in multiple languages, including
English, Spanish, Portuguese, French, Italian, German, Chinese
(Traditional and Simplified), Russian, Japanese, Dutch, Turkish and
Korean. For more information, please visit meetmecorp.com.

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 hold upcoming investor meetings as
anticipated, whether will obtain projected revenue and adjusted EBITDA
as anticipated for the third quarter and the full year 2016, whether we
will close the Skout acquisition as anticipated, and whether will obtain
projected revenue and adjusted EBITDA as anticipated following the
closing of the Skout acquisition for the third quarter and the full year
2016. 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 and the Form 10-Q for the quarter ended June 30, 1026.
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

The Company uses financial measures 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
continuing operations before interest expense, change in warrant
liability, benefit or provision for income taxes, depreciation and
amortization, and non-cash stock-based compensation, non-recurring
acquisition and restructuring expenses, gain or loss on cumulative
foreign currency translation adjustment, gain on sale of asset, bad debt
expense outside the normal range, and the goodwill 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)
from continuing operations before benefit or provision for income taxes,
amortization on intangibles, non-recurring acquisition and restructuring
costs, and non-cash stock­based 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/20160816006244/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 present and host investor meetings at
the Canaccord Genuity Growth Conference in Boston on August 10th.
Further information regarding the conference and presentation is listed
below:

Canaccord Genuity 36^th Annual Growth
Conference
Wednesday, August 10, 2016 at 9:30 a.m. Eastern Time
InterContinental
Boston

MeetMe management will present and host one-on-one meetings with
investors at the conference. Meetings can be scheduled through the firm
hosting the conference or through MKR Group, MeetMe’s investor relations
firm, at meet@mkr-group.com.

To access a live webcast or a replay of the formal presentation, visit
the Investors section of www.meetmecorp.com.

About MeetMe, Inc.
MeetMe® is a leading social network for
meeting new people in the US and a public market leader for social
discovery (NASDAQ: MEET). MeetMe makes it easy to discover new people to
chat with on mobile devices. With approximately 90 percent of traffic
coming from mobile and more than one million total daily active users,
MeetMe is fast becoming the social gathering place for the mobile
generation. MeetMe is a leader in mobile monetization with a diverse
revenue model comprising advertising, native advertising, virtual
currency, and subscription. MeetMe apps are available on iPhone, iPad,
and Android in multiple languages, including English, Spanish,
Portuguese, French, Italian, German, Chinese (Traditional and
Simplified), Russian, Japanese, Dutch, Turkish and Korean. For more
information, please visit meetmecorp.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160803005387/en/

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

Source: MeetMe, Inc.

Total Revenue Increased 48% Year Over Year

Mobile Revenue Increased 82% Year Over Year

Adjusted EBITDA Increased 109% Year Over Year

Non-GAAP Net Income Increased 103% Year Over Year

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today reported financial results for its second quarter ended
June 30, 2016.

Second Quarter 2016 Financial Highlights

• Total revenue increased 48% year over year to $16.4 million.
• Mobile revenue increased 82% year over year to $15.1 million.
• Adjusted EBITDA increased 109% year over year to $6.0 million. (See
  the important discussion about the presentation of non-GAAP financial
  measures, and reconciliation to the most direct comparable GAAP
  financial measure, below.)
• Adjusted EBITDA margin increased to 37%, up from 26% in the second
  quarter of 2015.
• GAAP net income was $29.6 million, or $0.55 per diluted share. GAAP
  net income included a one-time deferred tax benefit of $27.3 million.
  Excluding the deferred tax benefit, GAAP net income was $2.3 million,
  up 94% from the second quarter 2015.
• Non-GAAP net income increased 103% year over year to $4.9 million, or
  $0.09 per diluted share.
• Cash and Cash Equivalents totaled $32.1 million at June 30, 2016, an
  increase of 22% or $5.7 million from $26.4 million at March 31, 2016.

Geoff Cook, Chief Executive Officer of MeetMe, stated, “Our record
quarterly results reflect continued growth in our mobile user
engagement. Our mobile traffic is at an all-time high, with mobile daily
active users for the quarter increasing 15% year over year to 1.22
million and mobile monthly active users increasing 32% year over year to
4.84 million. During the quarter, we launched Discuss, our
interest-based group conversation platform, which we believe is helping
drive increased user engagement. In fact, last week we achieved a new
mobile DAU record surpassing 1.37 million daily active users for the
first time and reached a new record of 32.2 million chats in a single
day.

“We continue to expect our recently announced acquisition of Skout to
close in October of this year and for the combination to provide greater
scale for monetization and increased profitability for the combined
company. We are thrilled to bring two of the largest mobile apps for
meeting and chatting with new people into the same portfolio.”

David Clark, Chief Financial Officer of MeetMe, added, “Mobile revenue
for the quarter increased 82% year over year and represented 92% of our
total revenue, up from 75% in 2015. We believe our increasing mobile
revenue was driven by continued strength in the mobile advertising
industry, which resulted in higher advertising rates on mobile devices.
Much of the increased revenue flowed through to adjusted EBITDA, which
increased 109% to $6.0 million for the quarter, resulting in a 37%
adjusted EBITDA margin.”

Webcast and Conference Call Details

Management will host a webcast and conference call to discuss second
quarter 2016 financial results today, August 1, 2016 at 8:30 a.m.
Eastern time. To access the call dial 888-364-3108 (+1 719-457-2628
outside the United States) and when prompted provide the participant
passcode 4406220 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.

MeetMe® is a leading social network for meeting new people in the US and
a public market leader for social discovery (NASDAQ: MEET). MeetMe makes
it easy to discover new people to chat with on mobile devices. With
approximately 90 percent of traffic coming from mobile and more than one
million total daily active users, MeetMe is fast becoming the social
gathering place for the mobile generation. MeetMe is a leader in mobile
monetization with a diverse revenue model comprising advertising, native
advertising, virtual currency, and subscription. MeetMe apps are
available on iPhone, iPad, and Android in multiple languages, including
English, Spanish, Portuguese, French, Italian, German, Chinese
(Traditional and Simplified), Russian, Japanese, Dutch, Turkish and
Korean. For more information, please visit meetmecorp.com.

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 net income will continue to grow, whether our mobile revenue
will continue to constitute an increasing percentage of our total
revenue, whether our revenue, adjusted EBITDA and net income will
reflect the increasing value that our audience provides to mobile
advertisers and the continued growth in mobile engagement by our users,
whether our mobile user engagement will continue to grow, whether our
mobile traffic will continue at all-time high levels, whether our mobile
daily active users will continue to increase, whether our mobile monthly
active users will continue to increase, whether Discuss will continue to
drive user engagement, whether chats will continue to increase, whether
and when the Skout acquisition will close, if the Skout acquisition
closes, whether the combined company will provide greater scale for
monetization and increased profitability, whether our increasing revenue
was driven by our growing mobile engagement as well as the continued
strength in the mobile advertising industry, whether our mobile
engagement will continue to grow, and whether our growing mobile
engagement and continued strength in the advertising industry will drive
our revenue. All statements other than statements of historical facts
contained herein are forward-looking statements. The words “believe,”
“may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,”
“could,” “target,” “potential,” “project,” “is likely,” “expect” and
similar expressions, as they relate to us, are intended to identify
forward-looking statements. We have based these forward-looking
statements largely on our current expectations and projections about
future events and financial trends that we believe may affect our
financial condition, results of operations, business strategy and
financial needs. Important factors that could cause actual results to
differ from those in the forward-looking statements include the risk
that our applications will not function easily or otherwise as
anticipated, the risk that we will not launch additional features and
upgrades as anticipated, the risk that unanticipated events affect the
functionality of our applications with popular mobile operating systems,
any changes in such operating systems that degrade our mobile
applications’ functionality and other unexpected issues which could
adversely affect usage on mobile devices. Further information on our
risk factors is contained in our filings with the Securities and
Exchange Commission (“SEC”), including the Form 10-K for the year ended
December 31, 2015 . Any forward-looking statement made by us herein
speaks only as of the date on which it is made. Factors or events that
could cause our actual results to differ may emerge from time to time,
and it is not possible for us to predict all of them. We undertake no
obligation to publicly update any forward-looking statement, whether as
a result of new information, future developments or otherwise, except as
may be required by law.

Regulation G – Non-GAAP Financial Measures

The Company uses financial measures 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
continuing operations before interest expense, change in warrant
liability, benefit or provision for income taxes, depreciation and
amortization, and non-cash stock-based compensation, non-recurring
acquisition and restructuring expenses, gain or loss on cumulative
foreign currency translation adjustment, gain on sale of asset, bad debt
expense outside the normal range, and the goodwill 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)
from continuing operations before benefit or provision for income taxes,
amortization on intangibles, non-recurring acquisition and restructuring
costs, and non-cash stock­based 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/20160801005345/en/

Investors:
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 that management will host a conference call
on Monday, August 1, 2016 at 8:30 a.m. ET to discuss details and answer
questions about the company’s financial results for the second quarter
ended June 30, 2016.

Financial results will be issued in a press release 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.

MeetMe®
is a leading social network for meeting new people in the US and the
public market leader for social discovery (NASDAQ: MEET). MeetMe makes
it easy to discover new people to chat with on mobile devices. With
approximately 90 percent of traffic coming from mobile and more than one
million total daily active users, MeetMe is fast becoming the social
gathering place for the mobile generation. MeetMe is a leader in mobile
monetization with a diverse revenue model comprising advertising, native
advertising, virtual currency, and subscription. MeetMe apps are
available on iPhone, iPad, and
Android in
multiple languages, including English, Spanish, Portuguese, French,
Italian, German, Chinese (Traditional and Simplified), Russian,
Japanese, Dutch, Turkish, Korean, Hindi, Bengali and Vietnamese. For
more information, please visit meetmecorp.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160721005116/en/

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

Source: MeetMe, Inc.