MeetMe Completes Launch of Native Chat Ads and Video Interstitials
September 16 2015 - 9:00AM
Business Wire
Combined Units Expected to Drive More Than
$1 Million in Q4 Revenue
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, has recently launched native chat ads in its iPhone app
and video interstitials in its Android app. The recent launches
complete the rollout of native chat ads and video interstitials,
which the company began earlier this summer in limited release,
across its largest mobile platforms.
“We expect native chat ads and video interstitials together to
contribute more than $1 million to Q4 revenue,” said Geoff Cook,
CEO of MeetMe. “We are presently enjoying strong pricing on the
video interstitials. We are also pleased to bring our native mobile
ad unit to our most popular feature – Chat.”
“In addition to these new ad units,” Cook continued, ”we have
greatly increased the targeting potential available to advertisers
over the last quarter by launching an expanded profile and interest
tags. In addition to these new advertising products, we remain on
schedule to launch dramatic improvements to our in-app purchasing
products as well. By year-end, we expect to launch a major revamp
of our MeetMe+ subscription service, as well as a new
in-app-purchase product in our Chat section.”
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 whether native chat ads and video
interstitials together to contribute more than $1 million to Q4
revenue, whether we will continue to enjoy strong pricing on video
interstitials, whether we will remain on schedule to launch
dramatic improvements to our in-app purchasing products, and
whether we will launch a major revamp of our MeetMe+ subscription
service, as well as a new in-app-purchase product in our Chat
section, by year-end. 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
unanticipated events affect the functionality of our applications
with popular mobile operating systems. 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 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/20150916005367/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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