The Meet Group Announces Launch of Live Video on Lovoo in Austria


– Percent of Users Engaging in Video in Austria Reaches 15% in First
Day –

The Meet Group, Inc. (NASDAQ: MEET), a public market leader in the
mobile meeting space, today announced the launch of live video on its
Lovoo app in Austria.

“We are thrilled to bring live video to Lovoo,” said Geoff Cook, Chief
Executive Office of The Meet Group. “We’ve been building our video
platform for more than a year-and-a-half, and we are pleased to bring
this compelling product to Lovoo’s European audience. Lovoo is our
largest app by daily active users, providing a meaningful opportunity
for us to continue to grow video revenue.

“Since launching Live in Austria yesterday, we’ve already seen 15% of
users engage with the product, a level comparable to what we had seen in
the early days after launching Live on our MeetMe app,” continued Cook.
“As I’ve indicated previously, we plan to follow our Austrian rollout
with an expansion to France, Germany, Italy, Spain, and Switzerland on a
country-by-country basis throughout the second half of 2018, with France
expected to launch next in June.

“Our progress growing live video monetization continues to be strong. We
look forward to bringing the benefits of our compelling product roadmap
to our entire user base.”

About The Meet Group

The Meet Group (NASDAQ: MEET) is a portfolio of mobile social
entertainment apps designed to meet the universal need for human
connection. We leverage a powerful live-streaming video platform,
empowering our global community to forge meaningful connections. Our
primary apps, MeetMe®, LOVOO®, Skout®, and Tagged®, keep millions of
mobile daily active users entertained and engaged and originate untold
numbers of casual chats, friendships, dates, and marriages. Our apps,
available on iPhone, iPad, and Android in multiple languages, use
innovative products and sophisticated data science to let our users
stream live video, send gifts, chat, and share photos. The Meet Group
has a diversified revenue mix consisting of in-app purchases,
subscription, and advertising, and we have offices in New Hope,
Philadelphia, San Francisco, Dresden, and Berlin. For more information,
and follow us on FacebookTwitter or LinkedIn.

Forward Looking Statements

Certain statements in this press release are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995, including whether Lovoo will provide a meaningful opportunity for
us to continue to grow video revenue, future levels of user engagement
with the Live product, whether we will expand our Live rollout to
France, Germany, Italy, Spain, and Switzerland on a country-by-country
basis throughout the second half of 2018 as expected, whether we launch
Live in France in June as expected, and whether we will bring the
benefits of our compelling product roadmap to our entire user base as
expected. 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, 2017 filed with the SEC on March 16, 2018. 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.

The Meet Group, Inc.
Investor Contact:
Leslie Arena,
Brandyn Bissinger, 267-446-7010

Source: The Meet Group, Inc.