MeetMe Upgrades Mobile Web Experience

MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, has begun a limited rollout of a major upgrade to its mobile web product, which brings that experience closer to the level of its highly rated native mobile applications. MeetMe’s previous mobile web product had been a barebones version of the service, without many of the enhancements that helped MeetMe to reach in January a new milestone of over one million average mobile daily active users. MeetMe plans to roll out the new, more feature-rich mobile website over the next several weeks.

“We believe the new mobile web experience is a dramatic improvement — both for the roughly 50,000 daily active users on that platform and for potential new users,” said Geoff Cook, CEO of MeetMe. “Early stats look promising, and we expect this update to lift both engagement and revenue on the mobile web platform.”

About MeetMe, Inc.

MeetMe® is the 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 80 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. The company 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.

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 successfully complete the rollout of our mobile web product as anticipated, whether the additional features will help us reach new milestones in daily active users, whether our average number of daily active users will continue to grow, whether the new mobile web experience is a dramatic improvement for existing and potential users, whether users will be able to use our mobile website as easily as they can our native applications, and whether this update will lift both engagement and revenue on our mobile web platform. 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, 2014, filed on March 13, 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.

Contacts:

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

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