MeetMe(R) Names David Clark as Chief Financial Officer
February 12 2013 - 9:10AM
Marketwired
MeetMe, Inc. (NYSE MKT: MEET), the public market leader for social
discovery, announced today that David Clark will be joining the
company as Chief Financial Officer. Most recently, Clark has been
the Chief Financial Officer for Nutrisystem, Inc. (NASDAQ: NTRI),
and brings more than 15 years of consumer market and public company
experience to MeetMe.
"David's demonstrated public company experience and successes at
scaling businesses make him an ideal choice to join our fast-paced
team," said John Abbott, Chief Executive Officer of MeetMe, Inc.
"With MeetMe now available in half-a-dozen languages and ranking as
a top-grossing social application on mobile, David is ideally
suited to join MeetMe as we focus on internationalization, mobile
product development, and mobile monetization."
"MeetMe is an emerging brand in social media that has tremendous
opportunity to become the global, mass-market mobile brand for
meeting new people," said Clark. "I look forward to working with
John Abbott, Geoff Cook, and the entire MeetMe team."
Most recently, Clark served as Executive Vice President, Chief
Financial Officer, for NutriSystem, Inc., where he further
developed his skills in web and direct-to-consumer marketing of
subscription based products. Previously, Clark was the Chief
Financial Officer for Claymont Steel. Prior to that, he co-founded
and served as Chief Financial Officer of SunCom Wireless, Inc.
(formerly Triton PCS). SunCom was the first AT&T Wireless
affiliate and served markets in Virginia, the Carolinas, and
Georgia. It went public in 1999 and was later sold to T Mobile USA
in 2008. He also co-founded and served as Chief Financial Officer
of Triton Cellular Partners until its sale in 2000 in a more than
$1 billion deal.
Clark will succeed Michael Matte as Chief Financial Officer.
Matte will remain with the Company as Executive Vice President of
Finance until March 31, 2013, when his resignation will become
effective. "We are pleased that Mike will assist us through this
transition period," noted Abbott. "Mike has been a trusted partner
and valued colleague for many years and played an integral role in
the merger of Quepasa Corporation and myYearbook and the subsequent
integration work. We wish him well as he pursues new opportunities
in his home state of Florida."
About MeetMe, Inc. MeetMe® is the leading
social network for meeting new people in the US and the public
market leader for social discovery (NYSE MKT: MEET). MeetMe makes
meeting new people fun through social games and apps, monetized by
both advertising and virtual currency. With 60% of traffic coming
from mobile, MeetMe is fast becoming the social gathering place for
the mobile generation. The company operates MeetMe.com and MeetMe
apps on iPhone, iPad, and Android in English, Spanish, Portuguese,
French, Italian and German.
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 becoming the
global, mass-market brand for meeting new people. All statements
other than statements of historical facts contained herein,
including statements regarding becoming the global, mass-market
brand for meeting new people, are forward-looking statements. The
words "opportunity," "believe," "may," "estimate," "continue,"
"anticipate," "intend," "should," "plan," "could," "target,"
"potential," "is likely," "will," "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. Further information on our risk factors is contained in our
filings with the SEC, including the Form 10-K for the year ended
December 31, 2011 and the Form 10-Q for the quarters ended March
31, June 30 and September 30, 2012. 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.
Contact: Robin Shallow EVP Communications & Public Relations
MeetMe, Inc. (215) 862-7823 robin@meetme.com Follow us on Twitter
@meetme Investor Contact: E. Brian Harvey Vice President of Capital
Markets and Investor Relations MeetMe, Inc. (215) 862-1162 x266
brian@meetme.com Follow our business news on Twitter
@meetmecorp
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