MeetMe Apps Reach New Highs in the US
November 13 2014 - 9:00AM
Business Wire
App Store and Play Store Rankings Internationally Also Show
Growth
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social
discovery, has announced that the MeetMe app has reached its
highest US rankings in the last year in both the Apple App Store
and the Google Play Store. As of November 12, the MeetMe Android
app ranked 13th in the Google Play Store Social category and the
MeetMe iPhone app ranked 26th in the App Store Social Networking
category.
The MeetMe app is showing signs of gathering momentum
internationally as well. For example, in Android’s Social category,
MeetMe now ranks 16th in India, 18th in the United Kingdom, and
22nd in both Italy and Turkey, up from, respectively, 35th, 32nd,
73rd, and 88th one year ago. MeetMe ranks in the top 100 Social
applications in 45 countries in the Google Play Store and in 90
countries in the Apple App Store.
“We believe our improved ranking in the Social categories on
both iPhone and Android is the result of organic growth stemming
from the successful launch of our new mobile design and continued
progress in facilitating chat engagement for our users,” says Geoff
Cook, CEO of MeetMe. “Our apps are available in 12 languages, and
we are encouraged by our recent international traction in user
growth. For example, in October nearly half (48%) of all MeetMe
registrations on Android came from outside the US, up from 22% a
year ago. We look forward to continuing to expand MeetMe within the
US and throughout the world as the pre-eminent mobile chat app for
connecting with new people.”
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.
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 our future US and international
rankings in the Apple App Store in its Social Networking category
and the Google Play Store in its Social category, whether the
MeetMe app will gather momentum internationally, our continued
organic growth, our continued progress in facilitating user
engagement in chat, whether we will achieve and maintain
international traction in user growth, whether international
registrations will continue to grow as a percentage of overall
registrations, and whether we will continue to expand MeetMe in the
US and throughout the world as the pre-eminent mobile chat app for
connecting new people. 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, 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
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