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Quepasa Corporation : MeetMe® Launches in Spanish and Portuguese

08/14/2012 | 09:54am US/Eastern
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NEW HOPE, PA - August 14, 2012 - MeetMe, Inc. (MEET: NYSE MKT), the public market leader for social discovery, has announced the launch of Spanish and Portuguese language options on web and Android, with iPhone expected in the coming weeks. The launch of these initial two languages marks the first step toward internationalization of the platform.

"This step triples the company's addressable market and positions the company for the transition of Quepasa.com users to the platform beginning in September," said Geoff Cook, COO and President, Consumer Internet for MeetMe. "By the end of the year, MeetMe will be available in a half-dozen languages as the company executes on its mission to build the global brand for meeting new people."

MeetMe partnered with Smartling, the leading Global Delivery Network, on the internationalization effort. "With over 1 million lines of MeetMe code in need of internationalization, the project was a major one," noted Cook. "Now with the first two languages completed, each incremental language can be added much more quickly with minimal developer involvement."

About MeetMe, Inc.
MeetMe® is the leading social network for meeting new people in the US and the public market leader for social discovery (MEET: NYSE MKT). MeetMe makes meeting new people fun through social games and apps, monetized by both advertising and virtual currency. The MeetMe brand grew out of the merger of myYearbook and Quepasa in November 2011. With 60% of traffic coming from mobile, MeetMe is transforming how people discover one another in a mobile-first world. The company operates MeetMe.comQuepasa.com, and MeetMe apps on iPhoneiPad, and Android.

Cautionary Note Concerning Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including statements regarding expectations regarding the launch of Spanish and Portuguese on the iPhone, internationalization, expectations regarding additional languages being added by the end of the year, and the transition of Quepasa.com users.  All statements other than statements of historical facts contained in this press release, including statements regarding our future financial position, liquidity, business strategy and plans and objectives of management for future operations, are forward-looking statements. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "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 unanticipated events affect the internationalization of the platform and the launch of new languages including the Spanish and Portuguese on the iPhone, the willingness of Quepasa.com users to change to the MeetMe.com brand, and the willingness of users to try new product offerings. Further information on our risk factors is contained in our filings with the SEC, including the Form 10-K for the year ended December 31, 2011 filed on March 14, 2012. Any forward-looking statement made by us in this press release 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.

-###-

 Contact:

Robin Shallow
EVP Communications & Public Relations
MeetMe, Inc.
(215) 862-7823
robinmeetmecom(robinmeetmecom)  
Follow us on Twitter @meetme

Investor Contact:

E. Brian Harvey
Vice President of Capital Markets and Investor Relations
MeetMe, Inc.
(215) 862-1162 x266
brianmeetmecom(brianmeetmecom)  
Follow us on Twitter @meetmecorp

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