Attributes 319% Percent Revenue Growth to New App Features, Increased
Chat, and Increased Daily Active Users

NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe, Inc. today announced it has been named to Deloitte’s Technology
Fast 500™, a ranking of the 500 fastest growing technology, media,
telecommunications, life sciences and energy tech companies in North
America. Rankings are based on five-year revenue growth. MeetMe grew
approximately 319% percent during this period.

Geoff Cook, MeetMe’s CEO, said, “We are honored to be recognized as one
of Deloitte’s Technology Fast 500™ for the fifth consecutive year, an
accomplishment for the entire MeetMe team. We believe our revenue growth
of approximately 319% during the five-year measurement period is a
testament to the success of the new and enhanced features that have
helped us to increase chat usage, customer engagement, and Daily Active
Users. Additionally, over the past year we have optimized our
industry-leading mobile monetization engine growing mobile revenue 73%
year-over-year from Q3 2014 to Q3 2015 and will continue our focus on
increasing daily active users and monetizing that growth.”

“Amid a fierce business climate, there seems to be no shortage of new
and established companies that are unlocking a seemingly unlimited
potential for growth and advancement through technology’s continued
disruption and proliferation across industries,” said Sandra Shirai,
principal, Deloitte Consulting LLP and U.S. technology, media and
telecommunications leader. “It is inspiring to witness the innovative
ways that companies are incorporating emerging technologies for business
gains, be it cognitive computing, or the Internet of Things. We
congratulate all those ranked on this year’s Fast 500 and look forward
to seeing their continued growth into 2016.”

“Through the efforts and utilization of new and emerging technologies
from these companies, we are witnessing greater business demands from
across almost all industries,” added Jim Atwell, national managing
partner of the emerging company practice, Deloitte & Touche LLP. “We
look forward to the opportunity to serve these companies as they strive
to grow to the next level – be it towards introducing new solutions or
entering new markets – and with it make important and long lasting
impressions on the technology market as a whole.”

About Deloitte’s 2015 Technology Fast 500™

Deloitte’s Technology Fast 500 provides a ranking of the fastest growing
technology, media, telecommunications, life sciences and energy tech
companies – both public and private – in North America. Technology Fast
500 award winners are selected based on percentage fiscal year revenue
growth from 2011 to 2014.

In order to be eligible for Technology Fast 500 recognition, companies
must own proprietary intellectual property or technology that is sold to
customers in products that contribute to a majority of the company’s
operating revenues. Companies must have base-year operating revenues of
at least $50,000 USD or CD, and current-year operating revenues of at
least $5 million USD or CD. Additionally, companies must be in business
for a minimum of four years and be headquartered within North America.

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. The company 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.

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 rate of growth and whether we will remain one
of the fastest growing technology companies, whether our five-year
revenue growth is a testament to the success of our new and enhanced
features, whether revenue, chat usage, customer engagement, and Daily
Active Users will increase in the future and if so at what rate for
each, whether our mobile monetization engine will remain industry
leading and grow mobile revenue, whether we will be successful in
continuing our focus on increasing daily active users and monetizing
that growth, and whether we will continue our growth into 2016. 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, 2014 and the Current Report on Form 8-K
filed with the SEC on June 3, 2015. 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151116005312/en/

for MeetMe, Inc.
Jeannine Jacobi, 323-903-7063
jeannine@freshpr.net

Source: MeetMe, Inc.