The Meet Group Wins a Spot on the Soaring 76 – Greater Philadelphia's List of Fastest Growing Public Companies
September 28 2017 - 1:26PM
Business Wire
The Meet Group, a fast-growing portfolio of mobile connection
apps, has been named one of the 76 fastest growing companies by the
Philadelphia Business Journal. Prestigious companies from across
the region were selected by revenue growth over a three-year period
from 2014 to 2016.
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“Greater Philadelphia’s economy is increasingly diverse and
dynamic,” said Philadelphia Business Journal Publisher Sandy
Smith. “We consider it a crucial part of our mission to identify
and recognize the companies driving our region’s growth.”
The Philadelphia Business Journal crunched the revenue numbers
from all public companies who qualified and were headquartered in
Greater Philadelphia using Securities and Exchange Commission
filings.
“We've had a busy and productive couple of years. We closed two
acquisitions in the last 12 months, and look forward to closing our
third, of Lovoo, in October,” said Geoff Cook, CEO of The Meet
Group. “We have also executed on an aggressive product pipeline,
launching Live video on our MeetMe, Skout, and Tagged apps. We’re
honored to be included on the Soaring 76, and we’re looking forward
to continued growth in 2017 and beyond.”
All 76 companies who made the list will find out their ranking
at a special event held at the SugarHouse Casino on Sept. 28,
2017. The Meet Group will also be recognized in a feature report in
the Sept. 29, 2017, weekly edition of the Philadelphia Business
Journal.
About The Meet Group
The Meet Group (NASDAQ: MEET) is a fast-growing portfolio of
mobile apps designed to meet the universal need for human
connection. Our apps – currently MeetMe®, Skout®, Tagged®, and Hi5®
– let users in more than 100 countries chat, share photos, stream
live video, and discuss topics of interest, and are available
on iPhone, iPad, and Android in multiple
languages. Using innovative products and sophisticated data
science, The Meet Group keeps its over 2.5 million mobile daily
active users engaged and originates untold numbers of casual chats,
friendships, dates, and marriages. The Meet Group offers
advertisers the opportunity to reach customers on a global scale
and has leading mobile monetization strategies. The Meet Group has
offices in New Hope, Pennsylvania, Philadelphia and San Francisco.
For more information, visit themeetgroup.com, or follow us
on Twitter or LinkedIn.
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 rates of revenue growth;
whether we will close the Lovoo acquisition as anticipated; and
whether we will achieve continued growth in 2017 and beyond. 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, 2016 filed with the SEC on March 9, 2017 and our
Quarterly Report on Form 10-Q for the quarter ended March 31, 2017
filed with the SEC on May 10, 2017. 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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The Meet GroupBrandyn Bissinger,
267-446-7010bbissinger@themeetgroup.com
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