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MeetMe Expands User Profiles to Collect More Data and Improve RecommendationsMeetMe, Inc. (NASDAQ: MEET), a public market leader for social discovery, has expanded the user profiles in its Android and iPhone (News - Alert) applications to allow users to provide more details about themselves. This is an important step before the company revamps its subscription service, MeetMe+, planned for later this year. The revamp will enable paid MeetMe+ subscribers to search for people and find better matches through the additional profile information. New fields on the MeetMe user profile include height, body type, ethnicity, and other demographic and behavioral information. "We believe the ability to search for potential chat partners using this additional profile data will be an important driver of our revamped MeetMe+ product," said Geoff Cook, CEO of MeetMe. "This is just one of the new benefits we plan on adding for MeetMe+ subscribers later this year, and we believe the new features will help us reach our next-year goal of tripling our subscriber base." 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, Android, and Windows Phone 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 the expanded profile fields will prove to be an important first step before the launch of the revamped MeetMe+ services, whether we will launch the revamped MeetMe+ service later this year as anticipated, whether paid MeetMe+ subscribers will be able to search for people using this additional profile information, whether searches using the additional profile fields will result in better matches, whether the ability to search for potential chat partners using the additional profile data will be an important driver of our revamped MeetMe+ product, whether we will add additional new benefits for MeetMe+ subscribers later this year, and whether the new features will help us to reach our goal of more than tripling our current number of MeetMe+ subscribers. 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 unanticipated events affect the functionality of our applications with popular mobile operating systems. Further information on our risk factors is contained in our filings with the Securities and Exchange Commission ("SEC (News - Alert)"), including the Form 10-K for the year ended December 31, 2014, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2015, and the Current Report on Form 8-K filed 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/20150831005415/en/ |
