The Meet Group Launches LOVOO Live in Spain and Italy

06/12/2018

Video Rollout Progressing Ahead of Schedule

NEW HOPE, Pa.–(BUSINESS WIRE)–
The Meet Group, Inc. (NASDAQ:MEET), a public market leader in the mobile
meeting space, announced the release of live
video on LOVOO
, its leading European dating app, in Spain and Italy.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180612005201/en/

“We are pleased to continue rolling out livestreaming video to the LOVOO
audience, building on our previous launches in Austria, Switzerland, and
France with this expansion to Spain and Italy,” said Geoff Cook, Chief
Executive Officer of The Meet Group. “We are progressing ahead of
schedule, and we expect to bring Live to Germany, LOVOO’s largest
country, later this summer.”

Live gives LOVOO users a brand-new way to interact with one another by
allowing them to broadcast from anywhere at any time. The Live feature
provides a new platform for entertainment and for forming authentic,
meaningful connections.

“We believe LOVOO Live’s early success is confirming that livestreaming
has become important in the context of meeting new people and forming
genuine relationships,” said Florian Braunschweig, co-founder of LOVOO
and GM Europe for The Meet Group. “We’re already seeing the average Live
viewer watch more than 15 minutes per day, and approximately 2% of them
are rewarding broadcasters with gifts for creating content that they
value and a real feeling of connection.”

Cook added, “Alongside our ongoing progress in Europe, we continue to
see solid performance from Live on MeetMe and Skout, with Tagged Live
showing signs of starting on a similar trajectory. As a combined
portfolio, just last week we hit a new record high of 20 million minutes
spent in Live in a single day, up 37% over our highest day in the month
of March.”

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®, entertain millions
of mobile daily active users, generating untold numbers of casual chats,
friendships, dates, and marriages. Our apps, available on iPhone, iPad,
and Android in multiple languages, combine product innovation with
sophisticated data science to both entertain and connect our audience.
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, visit themeetgroup.com,
and follow us on Facebook,
Twitter
or LinkedIn.

About LOVOO

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

Forward-Looking Statements

Certain statements in this press release are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995, including whether we will continue rolling out livestreaming video
to the LOVOO audience, whether we will continue to progress ahead of
schedule, whether we will bring LOVOO Live to Germany later this summer,
whether LOVOO Live’s early success is confirming that livestreaming has
become important in the context of meeting new people and forming
genuine relationships, whether Live viewers will continue to watch more
than 15 minutes per day, whether 2% of Live viewers will continue to
reward broadcasters with gifts, whether will continue to see solid
performance from Live on MeetMe and Skout, whether Tagged Live will
continue showing signs of starting on a similar trajectory, and whether
minutes spent in Live will continue to grow. 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.

Investors:
The Meet Group
Leslie Arena,
267-714-6418
larena@themeetgroup.com
or
Media:
The
Meet Group
Brandyn Bissinger, 267-446-7010
bbissinger@themeetgroup.com
or
LOVOO
Sebastian
Matkey, 0176-62646607
sebastian.matkey@lovoo.com

Source: The Meet Group, Inc.