NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. (NASDAQ: MEET), the public market leader for social
discovery, today announced that in accordance with a previously adopted
stock-trading plan, Geoffrey Cook, Chief Executive Officer, has sold
30,000 shares of the Company’s common stock. Mr. Cook had previously
established the stock-trading plan in accordance with Rule 10b5-1 of the
Securities Exchange Act of 1934, as amended, and the Company’s insider
trading policy.

Mr. Cook entered into the plan as part of his personal financial
planning strategy of asset diversification. It provides for periodic
sales of the Company’s common stock (subject to various price
thresholds) over the course of this calendar year, up to a maximum of
480,000 shares. If all of the shares subject to the trading plan were
sold, Mr. Cook would retain approximately 80 percent of his current
holdings (including stock options exercisable within 60 days of today).

Rule 10b5-1 plans allow corporate officers and directors to adopt
written, pre-arranged stock trading plans when they are not in
possession of material, non-public information. Such plans typically
establish parameters for future stock transactions to take place
automatically. Transactions under the plan are disclosed publicly
through filings with the Securities and Exchange Commission.

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, and Android 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 Mr. Cook will sell shares of the Company’s
common stock in the future as anticipated, both with respect to the
timing and amounts of shares, as well as the amount of shares that Mr.
Cook will retain and the amount of shares Mr. Cook will retain as a
percentage of his current holdings, and whether transactions under the
plan will be disclosed publicly through filings with the Securities and
Exchange Commission as contemplated and in a timely fashion. 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, 2013, the Prospectus Supplement (Rule
424(b)(5)) filed on July 24, 2014, and the Current Report on Form 8-K
filed on December 29, 2014. 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.

Investor Contact:
MKR Group, Inc.
Todd Kehrli or Jim
Byers
(323) 468-2300
meet@mkr-group.com

Source: MeetMe, Inc.