NEW HOPE, Pa.–(BUSINESS WIRE)–
MeetMe,
Inc. (NYSE MKT: MEET), the public market leader for social discovery,
today announced that it will transfer its U.S. stock exchange listing to
the NASDAQ Capital Market. Trading in the company’s shares currently
takes place on the NYSE MKT. The company expects trading on NASDAQ to
begin on April 15, 2014. Until that time, trading will continue on the
NYSE MKT. The company will retain its current ticker symbol, “MEET,”
when trading begins on NASDAQ.

“We are excited about the move to NASDAQ,” said David Clark, MeetMe’s
Chief Financial Officer. “As mobile becomes an increasing part of our
business, we believe MeetMe is well positioned for growth, making NASDAQ
and its impressive roster of growth-oriented technology companies a
logical partner. In addition, NASDAQ provides a strong platform to reach
investors around the world, which we believe will enhance our market
visibility and contribute to increased liquidity.”

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 mobile will become an
increasing part of our business, whether we are well positioned for
growth, and whether NASDAQ will provide a strong platform to reach
investors around the world, enhance our market visibility, and
contribute to increased liquidity. 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 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, 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.