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NYSE MKT: MEET Fall 2012 Investor Presentation

Meet fall conference investor presentation (ex appendix)

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Page 1: Meet fall conference investor presentation (ex appendix)

NYSE MKT: MEET

Fall 2012 Investor Presentation

Page 2: Meet fall conference investor presentation (ex appendix)

© 2012 MEET 2

Cautionary Note Regarding Forward Looking Statements Certain statements in this presentation and responses to various questions includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained herein, including statements regarding mobile monetization, the launch of our mobile application in Latin America, the potential of mobile advertising, expectations regarding the internationalization of the platform including additional available languages, global momentum and opportunities, and anticipated new products 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 issues that affect the functionality and effectiveness of our mobile application on smartphones and tablets, the acceptance of our new brand in Latin America and globally, the risk that unanticipated events affect the internationalization of the platform including anticipated release date of additional languages, unanticipated events which affect our mobile applications status on Google Play and in the Apple App Store. Further information on our risk factors is contained in our filings with the SEC, including our Form 10-K for the year ended December 31, 2011. 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. Regulation G – Non-GAAP Financial Measures This presentation includes a discussion of Quepasa and myYearbook combined company results and adjusted EBITDA from continuing operations which are non-GAAP financial measures. Reconciliations to the most directly comparable GAAP financial measures are provided on the Investor Relations section of the MeetMe corporate website at http://www.meetmecorp.com/investors/non-gaap/.

Page 3: Meet fall conference investor presentation (ex appendix)

Stock Price Information, as of September 5, 2012

© 2012 MEET 3

Symbol MEET Insider Ownership 44.5%

Exchange NYSE MKT Shares Short (millions) 4.18

Short % of Float 16.8%

Price $ 2.45

Shares Outstanding (millions) 36.37

Market Capitalization (millions) $ 89.11

52-Week Range $ 1.55 - $ 5.47

Stock information source: Yahoo! Finance, September 5, 2012.

Page 4: Meet fall conference investor presentation (ex appendix)

Investment Highlights

#1 most visited social network for meeting new people in the US.1

#1 Top Grossing Social App on Android.2

Fast-growing audience. 24% growth in MAU in August vs. Q2 average.

46% growth in revenue in Q2 2012 to $13.1 million. Positive adjusted EBITDA (non-GAAP). 3

Differentiated revenue streams with fast-growing mobile virtual currency.

Addressable market of over 1 billion people globally.

Trades at significant revenue-multiple discount to peer social networks.

MEET 4© 2012

1comScore US, July 2012. myYearbook vs. Tagged and Badoo.2Android Market Top Grossing Social Apps on 9/05/2012.3Reconciliation to the most comparable GAAP financial measure is available at http://www.meetmecorp.com/investors/non-gaap/.

Page 5: Meet fall conference investor presentation (ex appendix)

© 2012 MEET 5

Our mission is to build the leading social network for meeting new people.

We are the digital coffeehouse, a re-imagination of the bar, a social gathering place. We intend to transform the way people meet in a mobile-first world.

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Pioneering the Next Category of Social Networking: Social Discovery

© 2012 MEET 6

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Creating the Best Place to Meet New People

© 2012 MEET 7

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Category-Leading Engagement

© 2012 MEET 8

Source: comScore US, July 2012. Bubbles denote Avg. Minutes per Visitor per Month for MeetMe compared to other properties.

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Strong Traffic Growth Post Rebrand (MeetMe Platform)(August 2012 vs. Q2 average)

© 2012 MEET 9

Total Mobile

DAU 1,115,647 9% 689,630 14%

MAU 3,950,473 24% 2,000,508 20%

Registrations 1,417,397 82% 491,951 60%

Note: DAU, MAU and Registration statistics represent the August results from MeetMe Platform (MeetMe website and mobile app).

Page 10: Meet fall conference investor presentation (ex appendix)

Dramatic Mobile Growth

© 2012 MEET 10

Note: MAU and DAU charts refer to total MAU and DAU of MeetMe, previously myYearbook. MeetMe results presented above include data from prior to the merger with myYearbook on November 10, 2011, and is presented on a combined pro-forma basis.

Page 11: Meet fall conference investor presentation (ex appendix)

Addressable Market of Over 1.2 Billion PeopleNumber of people aged 15-25 worldwide

© 2012 MEET 11

Source: United States census data for 2012 (www.census.gov).

Page 12: Meet fall conference investor presentation (ex appendix)

Poised for International Expansion

© 2012 MEET 12

1comScore Dec. 2011. “It’s a Social World.” Reflects social networking now reaches 1.2 billion users, 82% of the online population.2comScore Feb. 2012. Analysis of Unique Visitors.

Increasing addressable market by more than 500% by year end through launch in additional languages.

Page 13: Meet fall conference investor presentation (ex appendix)

Revenue and Adjusted EBITDA

© 2012 MEET 13

Note: Q4 2011 results reflect myYearbook beginning in November 2011. Adjusted EBITDA is a non-GAAP financial measure.

Page 14: Meet fall conference investor presentation (ex appendix)

Web Mobile

Differentiated Revenue Streams (MeetMe Platform)

© 2012 MEET 14

Note: Virtual Currency and Advertising Revenue refer to revenue generated from the MeetMe Platform (MeetMe website and mobile app).

Page 15: Meet fall conference investor presentation (ex appendix)

Focus on Fastest-Growing Segment of Mobile Market

1http://www.forrester.com/Mobile+App+Internet+Recasts+The+Software+And+Services+Landscape/fulltext/-/E-RES58179?objectid=RES58179 and http://www.slideshare.net/avinash.raghava/forrester-8840580. Chart Source: http://allthingsd.com/20120530/mary-meekers-internet-trends-live-at-d10-slides/

Apps projected by Forrester to be $50 billion a year business by 20151

© 2012 MEET 15

Page 16: Meet fall conference investor presentation (ex appendix)

Catalysts

International Expansion & User Growth:– Migration of Quepasa Users to MeetMe (September)– Launch of mobile app in Latin America (October)– Global Expansion into 6 Languages (December)

Mobile Monetization: – Video ads on offer wall (September)– New uses of Credits (December)

Viral Products: – Leverage social and mobile viral loops– New products aimed at curating UGC

MEET 16© 2012

Page 17: Meet fall conference investor presentation (ex appendix)

Valuation Comparison – Social Networking Peers

Source: Yahoo! Finance, August 22, 2012. Note: MeetMe's 2011 Revenues reflect Combined Revenues for 2011, a non-GAAP measure.

© 2012 MEET 17