MeetMe+ Seven-Day Free Trial Offer Launches
February 01 2016 - 9:00AM
Business Wire
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced the launch of a seven-day free trial
offer for its revamped MeetMe+ service in MeetMe’s popular Android
and iPhone applications. The free trial enables first-time MeetMe+
users to enjoy its premium benefits free for one week, after which
they may choose to continue at the normal subscription rates or
return to a standard free membership. The seven-day free trial is
available today to a portion of Android and iPhone users and is
expected to roll out to all users on iPhone and Android over the
coming month.
The recently revamped MeetMe+ service allows members to enjoy
enhanced filtering capabilities, priority chat placement, access to
photo views, and more. The company has seen an approximately 150%
increase in daily subscription revenue since the MeetMe+ revamp
launched last month, compared to the trailing twelve-month
average.
“We’re excited for MeetMe members to experience the benefits of
MeetMe+ risk-free, and we believe the free trial has the potential
to further the momentum and growth we are already seeing on
subscription revenue since the December product revamp,” said Geoff
Cook, CEO of MeetMe.
About MeetMe, Inc.
MeetMe® is a 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 90 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 statements regarding the future
availability of the free trial on Android and iPhone, whether the
free trial will become available to all users on iPhone and Android
over the coming month, whether future subscription revenue will
increase, and whether the free trial will further the momentum and
growth we are already seeing on subscription revenue since the
December product revamp, and whether we will continue to see
momentum and growth in our subscription revenue. 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 and the Current Report on Form 8-K filed
with the SEC 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/20160201005043/en/
Press contact:Fresh PRJeannine Jacobi,
323-903-7063jeannine@freshpr.netorInvestor contact:MKR Group
Inc.Todd Kehrli, 323-468-2300meet@mkr-group.com
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