MeetMe Makes Significant Upgrades to its MeetMe App on iOS

01/21/2014

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe,
Inc. (NYSE MKT: MEET), the public market leader for social discovery,
today announced significant upgrades to its core MeetMe mobile
application on iOS. The improvements include a redesigned menu optimized
for iOS 7 and an upgrade to Chat, the app’s most popular feature.

Now featuring an SMS “chat bubble” style, the upgraded Chat feature is
better equipped to facilitate conversational messaging, including
real-time messaging for users who enable push notifications. Other
improvements to the MeetMe app include a sleeker menu and a new
cross-promotional space intended to draw attention to the company’s
roster of standalone applications, such as Charm
and Choosy.

“Chat is by far the most popular feature of the MeetMe mobile app, with
approximately 75 percent of daily active users receiving at least one
message every day,” said Geoff Cook, CEO of MeetMe. “We are very excited
to offer our users a version that is faster and easier-to-use to further
enhance the connections they make. In addition, launching this update
now lays the groundwork for the launch of a much more comprehensive
update to Chat, including important new functionality, in the coming
months, which we believe will further increase engagement and ultimately
daily active users.”

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 70 percent 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 multiple languages including
English, Spanish, Portuguese, French, Italian, German, Chinese
(Traditional and Simplified), Russian, Japanese, Dutch, Turkish and
Korean.

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 whether the upgraded feature is
better equipped to facilitate conversational messaging, whether it will
be faster, easier to use, and enhance personal connections, whether the
changed menu and new cross-promotional space will draw attention to our
other applications, whether the update lays the groundwork for the
launch of a much more comprehensive update to Chat, the importance of
that anticipated update, whether and when we complete it, and whether it
will further increase engagement and daily active users. 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,” “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. Important factors that could cause actual results to
differ from those in the forward-looking statements include the risk
that we will not be able to launch updates as anticipated, the risk that
our applications will not function easily or otherwise 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, 2012 and the Current
Reports on Form 8-K filed with the SEC on May 1, 2013, October 1, 2013
and November 6, 2013. 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.

Press contact:
Gregory FCA
Jessica Attanasio
Associate
Vice President
610-642-8253
Jessica@GregoryFCA.com
or
Investor
contact:

Gregory FCA
Joe Hassett
Senior Vice President
610-642-8253
JoeH@GregoryFCA.com

Source: MeetMe, Inc.