MeetMe(R) Launches in Spanish and Portuguese
August 14 2012 - 9:00AM
Marketwired
MeetMe, Inc. (NYSE MKT: MEET), 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. MeetMeĀ® is the leading
social network for meeting new people in the US and the public
market leader for social discovery (NYSE MKT: MEET). 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.com, Quepasa.com, and MeetMe apps on iPhone, iPad, 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.
Image Available:
http://www2.marketwire.com/mw/frame_mw?attachid=2064979 Image
Available:
http://www2.marketwire.com/mw/frame_mw?attachid=2064981
Contact: Robin Shallow EVP Communications & Public Relations
MeetMe, Inc. (215) 862-7823 robin@meetme.com Follow us on Twitter
@meetme Investor Contact: E. Brian Harvey Vice President of Capital
Markets and Investor Relations MeetMe, Inc. (215) 862-1162 x266
brian@meetme.com Follow us on Twitter @meetmecorp