MeetMe Surpasses 20 Million Downloads on Google Play
July 08 2015 - 9:00AM
Business Wire
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, has surpassed 20 million total MeetMe app downloads from
the Google Play Store. The new milestone comes on the heels of
several recent accomplishments and developments this year,
including record days for mobile active users and chat message
volume, a redesigned profile and icon, and the addition of interest
tags to help improve chat partner recommendations over time.
“Passing 20 million downloads on Google Play is a testament to
the team’s hard work to make MeetMe the best place to meet new
people everywhere,” said Geoff Cook, CEO of MeetMe. “We are
thrilled that in recent months over half of our new downloads on
Android are international, and we look forward to more growth, both
in the US and internationally, as we continue to enhance the
application to make more, high quality matches.”
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, Android and Windows Phone 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 future downloads of our MeetMe app
from the Google Play Store, future levels of daily mobile active
users and chat volume, whether interest tags will help improve chat
partner recommendations, the percentage of all downloads on Android
that international downloads will constitute, whether we will grow,
both in the United States and internationally, and whether we will
enhance the application to make more, high quality matches. 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 we are not able to collect our
overdue amounts from Beanstock Media Inc. easily or otherwise as
anticipated, the risk that our transition of managing our
advertising inventory in-house will not continue successfully as
anticipated, our expectations for revenue and adjusted EBITDA will
not be met, the risk that unanticipated events affect the
functionality of our applications with popular mobile operating
systems, and events could adversely affect usage of our 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, the
Quarterly Report on Form 10-Q for the quarter ended March 31, 2015,
and the Current Report on Form 8-K filed on June 3, 2015. 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150708005457/en/
Press:Fresh PRJeannine Jacobi,
323-903-7063jeannine@freshpr.netorInvestors:MKR Group
Inc.Todd Kehrli, 323-468-2300meet@mkr-group.com
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