MeetMe Achieves New Milestone of 15 Million Chats in One Day
June 24 2014 - 9:00AM
Business Wire
Social Discovery Leader Enhances Chat and
Reaches Record Number
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social
discovery, announced today that it set a new daily record for the
number of user-to-user chats sent on Monday of this week. For the
first time in MeetMe’s history, more than 15 million chats were
sent on a single day.
“We’re thrilled to have achieved 15 million chats sent on MeetMe
in a day," said MeetMe CEO Geoff Cook. “In April, only a few months
ago, we weren’t consistently breaking 10 million daily chats. This
acceleration in chat activity is a testament to the strength of our
recent launches, including Friend Suggestions and Icebreakers. We
believe it also reflects our audience’s strong desire to connect
and communicate with new people. As we continue to optimize MeetMe
to funnel traffic into Chat more efficiently, we believe we will
see additional growth in chat activity and overall mobile daily
active users (DAU).”
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 meeting new people fun through social games and
apps, monetized by both advertising and virtual currency. With
approximately 75 percent of traffic coming from mobile, MeetMe is
fast becoming the social gathering place for the mobile generation.
The company operates MeetMe.com and MeetMe apps 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 in the future we will achieve
increased chat activity, whether our product launches will drive
increased chat activity, whether we will successfully optimize
MeetMe to funnel traffic into Chat more efficiently, and whether
will see additional growth in chat activity and overall mobile
daily active users (DAU). 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. 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 contact:Fresh PRJeannine Jacobi,
323-903-7063jeannine@freshpr.netorInvestor contact:Gregory FCAJoe
Hassett, 610-642-8253JoeH@GregoryFCA.com
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