MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, set new records on Monday of this week for the number of daily active users (DAU) on mobile. For the first time in MeetMe’s history, more than one million unique mobile users logged in on a single day.

“It took us seven years to reach 800,000 mobile daily active users. It took us another 19 months to reach 900,000 users, and then just six more weeks to reach one million users,” said MeetMe CEO Geoff Cook. “We believe our exciting pipeline of new features will continue to make MeetMe the best app for finding new chat partners.”

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. 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.

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 the rate at which we will obtain daily active users in the future and whether our pipeline of new features will make MeetMe the best app for finding new chat partners. 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,” “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 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, 2013 and the Prospectus Supplement (Rule 424(b)(5)) filed on July 24, 2014. 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.

Press:Fresh PRJeannine Jacobi, 323-903-7063jeannine@freshpr.netorInvestors:MKR Group Inc.Todd Kehrli, 323-468-2300meet@mkr-group.com

Meet (NASDAQ:MEET)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Meet Charts.
Meet (NASDAQ:MEET)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Meet Charts.