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MeetMe(R) Launches in French, Italian, and German
NEW HOPE, PA, Dec 20, 2012 (MARKETWIRE via COMTEX) --
MeetMe, Inc. (NYSE MKT: MEET), the public market leader for social
discovery, has announced that the MeetMe service is now available in
French, Italian, and German on web and Android, with the new
languages expected to launch soon on iOS devices. This latest
addition culminates a year in which the previously English-only
service expanded to offer six language options in total, including
Spanish and Portuguese versions that became available during the
third quarter of 2012.
"It's exciting to enter the new year with six languages in place and
our reach into the European markets beginning," said Geoff Cook, COO,
MeetMe, Inc. "Our Latin American expansion last quarter increased our
monthly active users from 16.7% international in June to 29.5%
international in September. With the launch today in French, Italian,
and German, we look forward to expanding MeetMe into some of the
largest, well monetizing smartphone markets in the world."
MeetMe plans to release seven more language options in the first
quarter of 2013, expanding the service's addressable market to
include more of Europe, Asia, and the Middle East. The company also
continues to expect to launch in the first quarter of 2013 a mobile
subscription service and an additional mobile freemium product,
building on its recent launch of "Meet on Kik," a freemium feature
that helps MeetMe users find chat partners in the popular Kik
Messenger app.
"We remain committed to growing our mobile audience and revenue,"
added Cook. "We are excited that we expect to end the year 2012 with
more mobile daily active users than we had mobile monthly active
users at the start of last year. We believe that this week's launch
in French, Italian, and German is an important step as we seek to
build upon that growth and build the global, mass-market brand for
meeting new people."
About MeetMe, Inc.
MeetMe(R) 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 60% 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 English, Spanish, Portuguese, French, Italian and German.
We define a monthly active use (MAU) as a registered user of one of
our platforms who logged in and visited our website or mobile
applications within the month of measurement. We define a mobile MAU
as a user who accessed one of our sites by a mobile application or by
the mobile-optimized version of our website, whether on a mobile
phone or tablet such as the iPad during the month of measurement. We
define a daily active user (DAU) as a registered user of one of our
platforms who logged in and visited our website or mobile
applications within the day of measurement. We define a mobile DAU as
a user who accessed our sites by one of our mobile applications or by
the mobile-optimized version of our website, whether on a mobile
phone or tablet such as the iPad during the day of measurement.
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 expanding globally, launching new
languages on the iPhone, releasing seven more language options in the
first half of 2013, our plans regarding launching new products and
services and the effectiveness of these new products. All statements
other than statements of historical facts contained herein, including
statements regarding the continued growth in our core platform, are
forward-looking statements. The words "believe," "may," "estimate,"
"continue," "anticipate," "intend," "should," "plan," "could,"
"target," "potential," "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 unanticipated events affect the internationalization of our
mobile products, the acceptance of our new brand internationally,
issues that affect the functionality of our mobile application with
popular mobile operating systems, the effectiveness of our mobile
software on smartphones and tablets, the willingness of our users to
purchase virtual credits on their mobile devices, and the willingness
of users to try new product offerings. Further information on our
risk factors is contained in our filings with the SEC, including the
Form 10-K for the year ended December 31, 2011 and the Form 10-Q for
the quarters ended March 31, June 30 and September 30, 2012. 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.
Contact:
Robin Shallow
EVP Communications & Public Relations
MeetMe, Inc.
(215) 862-7823
robin@meetme.com
Follow us on Twitter @meetme
Investor Contact:
E. Brian Harvey
Vice President of Capital Markets and Investor Relations
MeetMe, Inc.
(215) 862-1162 x266
brian@meetme.com
Follow our business news on Twitter @meetmecorp
SOURCE: MeetMe, Inc.
mailto:robin@meetme.com
mailto:brian@meetme.com
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