MeetMe Launches Cross-Promotional Placements in Both MeetMe and Skout Applications
January 17 2017 - 9:00AM
Business Wire
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced it has launched cross-promotional
placements in both its MeetMe and Skout applications allowing each
app to promote the other. The placements can be seen throughout
popular sections and features on both applications.
“In recent days, MeetMe and Skout have driven about ten thousand
installs to each other per day, representing a substantial
marketing synergy,” said Geoff Cook, CEO of MeetMe. “In addition,
because the apps and their core users are so similar, we believe
these installs perform better than average in terms of likelihood
to sign up and to stay active.”
Added Cook, “This is only the beginning of the integration of
the Skout and MeetMe apps. We expect to start displaying MeetMe
users inside of Skout and Skout users inside of MeetMe, along with
the ability to chat seamlessly across the two platforms, by the end
of the current first quarter.”
About MeetMe, Inc.
Through its MeetMe® and Skout® mobile apps and websites, MeetMe
is a leading social network for meeting new people in the US and a
public market leader for social discovery (NASDAQ: MEET). MeetMe
makes it easy to discover new people to chat with on mobile
devices. With approximately two 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, user credits, and
subscriptions. MeetMe’s apps are available
on iPhone, iPad, and Android in multiple
languages worldwide. For more information, please
visit meetmecorp.com.
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 cross-promotional
placements will promote our apps as intended, whether MeetMe and
Skout will continue to drive installs to each other and if so at
what rate, whether the cross-promotional installs will perform
better than average in terms of likelihood to sign up and to stay
active, whether we will continue to integrate our Skout and MeetMe
apps as anticipated, and whether will start displaying MeetMe users
inside of Skout and Skout users inside of MeetMe, along with the
ability to chat seamlessly across the two platforms, by the end of
the current first quarter. 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, any changes in popular mobile
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, 2015, the Form 10-Q for the quarter ended June
30, 2016 and the Form 8-K filed on October 4, 2016. 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/20170117005584/en/
Press contact:Fresh PRJeannine Jacobi,
323-903-7063jeannine@freshpr.netorInvestor contact:MKR Group
Inc.Todd Kehrli or Jim Byers, 323-468-2300meet@mkr-group.com
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