MeetMe(R) Names David Clark as Chief Financial Officer
NEW HOPE, PA -- (Marketwire) -- 02/12/13 -- MeetMe, Inc. (NYSE MKT:
MEET), the public market leader for social discovery, announced today
that David Clark will be joining the company as Chief Financial
Officer. Most recently, Clark has been the Chief Financial Officer
for Nutrisystem, Inc. (NASDAQ: NTRI), and brings more than 15 years
of consumer market and public company experience to MeetMe.
"David's demonstrated public company experience and successes at
scaling businesses make him an ideal choice to join our fast-paced
team," said John Abbott, Chief Executive Officer of MeetMe, Inc.
"With MeetMe now available in half-a-dozen languages and ranking as a
top-grossing social application on mobile, David is ideally suited to
join MeetMe as we focus on internationalization, mobile product
development, and mobile monetization."
"MeetMe is an emerging brand in social media that has tremendous
opportunity to become the global, mass-market mobile brand for
meeting new people," said Clark. "I look forward to working with John
Abbott, Geoff Cook, and the entire MeetMe team."
Most recently, Clark served as Executive Vice President, Chief
Financial Officer, for NutriSystem, Inc., where he further developed
his skills in web and direct-to-consumer marketing of subscription
based products. Previously, Clark was the Chief Financial Officer for
Claymont Steel. Prior to that, he co-founded and served as Chief
Financial Officer of SunCom Wireless, Inc. (formerly Triton PCS).
SunCom was the first AT&T Wireless affiliate and served markets in
Virginia, the Carolinas, and Georgia. It went public in 1999 and was
later sold to T Mobile USA in 2008. He also co-founded and served as
Chief Financial Officer of Triton Cellular Partners until its sale in
2000 in a more than $1 billion deal.
Clark will succeed Michael Matte as Chief Financial Officer. Matte
will remain with the Company as Executive Vice President of Finance
until March 31, 2013, when his resignation will become effective. "We
are pleased that Mike will assist us through this transition period,"
noted Abbott. "Mike has been a trusted partner and valued colleague
for many years and played an integral role in the merger of Quepasa
Corporation and myYearbook and the subsequent integration work. We
wish him well as he pursues new opportunities in his home state of
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.
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 becoming the
global, mass-market brand for meeting new people. All statements
other than statements of historical facts contained herein, including
statements regarding becoming the global, mass-market brand for
meeting new people, are forward-looking statements. The words
"opportunity," "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. 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.
EVP Communications & Public Relations
Follow us on Twitter @meetme
E. Brian Harvey
Vice President of Capital Markets and Investor Relations
(215) 862-1162 x266
Follow our business news on Twitter @meetmecorp
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