Quepasa Corporation (NYSE Amex: QPSA), the public market leader for social discovery and owner of North-American platform myYearbook and Latin-American platform Quepasa, today announced the launch of "Locals" on myYearbook, a new feature that enables myYearbook's 30+ million use....." />
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Quepasa Corp Launches "Locals" to Let Users Start Out as Friends This Valentine's Day

92% of Members Prefer Romance to Start Out as Friendship; 54% Have Met in Person (February 14, 2012)

NEW HOPE, PA -- (Marketwire) -- 02/14/12 -- Quepasa Corporation (NYSE Amex: QPSA), the public market leader for social discovery and owner of North-American platform myYearbook and Latin-American platform Quepasa, today announced the launch of "Locals" on myYearbook, a new feature that enables myYearbook's 30+ million users to meet new people in their local communities. myYearbook Locals is available now on Android and the company plans to launch it soon on iPhone, iPad, and the web.

"There has always been a thin line between friendship and romance," notes Catherine Cook, co-founder of myYearbook and Vice President of Brand Strategy for Quepasa Corporation. "A recent survey found that more than 90% of our users prefer to start out as friends before jumping into a romantic relationship, and more than 54% of our members have met someone from myYearbook in person. With its emphasis on connecting people based on proximity, myYearbook Locals makes it easier than ever for new friends to meet."

By tapping into GPS on the mobile device, Locals allows myYearbook members to run proximity-based searches to meet new people nearby, anywhere in the world, based upon their current location. Members can elect to restrict their search to people who are currently online and who match their age and gender.

"Friendship is the best filter for finding romance," suggests Cook. "If you don't enjoy someone's company, if you don't like their jokes, if you can't stand their conversation, you shouldn't be with them. No dating-site algorithm will ever substitute for meeting up in person and establishing a friendship."


About Quepasa Corporation
Quepasa Corporation (NYSE Amex: QPSA) is the public market leader for social discovery and owner of Latin-American platform Quepasa and North-American platform myYearbook. The company makes meeting new people fun through social games and apps, monetized through both advertising and virtual currency. In addition to Quepasa and myYearbook, the Company operates Quepasa Games, a cross-platform social game development studio. Quepasa has strong reach throughout the world, with a concentration across North and South America. Quepasa is headquartered in New Hope, Pennsylvania. For more information about the Company, go to www.quepasacorp.com, or join for free at www.Quepasa.com, myYearbook.com, or via the myYearbook app on iPhone, iPad, and Android.

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Contact:
Robin Shallow
EVP Communications & Public Relations
myYearbook
(215) 862-1162 x230
robin@myyearbook.com

Media Inquiries:
Tammy Chan
Atomic PR for myYearbook
(212) 699-3646
tammy@atomicpr.com

Investor Contact:
E. Brian Harvey
Vice President of Capital Markets and Investor Relations
Quepasa Corporation
(310) 801-1719
brian.harvey@quepasacorp.com
Follow us on StockTwits or Twitter at QuepasaCorp


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