MeetMe Launches New Profile Design Further Emphasizing Chat

MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, has released a redesign for its mobile apps that combines its two most popular screens: Chat and Profiles. As a result, users can now chat directly on other users’ profiles, where previously a chat conversation would occur on a separate screen. This change eliminates the distinction between Chat and Profile in the app.

“Profiles historically have been the most popular screen in the MeetMe app, outside of Chat,” said Geoff Cook, CEO of MeetMe. “By incorporating the Profile into the larger chat experience, we’re creating a more efficient and intuitive interface for our users. With the change, users can access relevant information about their chat partners without leaving the chat itself. We continue to see dramatic levels of Chat engagement, with total chats up 20% in Q1 of 2015 vs. Q4 of 2014 to 21.9 million chats per day on average. We believe this latest change will help continue that trend.”

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 the redesign will create a more efficient and intuitive interface for our users, whether we will continue to see dramatic levels of Chat engagement, whether chats will continue to increase and if so at what rate, and whether this redesign will help to continue that trend. 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. 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:MKR Group Inc.Todd Kehrli, 323-468-2300meet@mkr-group.com

Meet (NASDAQ:MEET)
Historical Stock Chart
From Mar 2024 to Apr 2024