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Snap Interactive Makes Global Debut Through EQUITIES Magazine Feature Article"Young Company Seeks Explosive Growth: SNAP Interactive Makes the Perfect Connection"; Link to Article: www.equitiesmagazine.com/article_snap_interactive.php (December 09, 2008)
NEW YORK, NY -- (Marketwire) -- 12/09/08 -- SNAP Interactive, Inc. ("SNAP" or the "Company") (OTCBB: STVI), a leading provider of online dating applications for social networking websites, announced today that the Company was the subject of a feature article in the December 5th issue of EQUITIES Magazine. The article was also published to the magazine's highly trafficked Website (www.equitiesmagazine.com). The magazine has over 160,000 print subscribers in North America alone, and another 42,000 digital subscribers worldwide. The issue featuring SNAP Interactive can be purchased at Barnes & Noble, B. Dalton, Books-A-Million and at newsstands across the U.S.
As excerpted from the article:
"Whether it's romance or finance, the key to a winning relationship is the potential for growth. And whether it comes from the heart or the wallet, a significant investment is made in every relationship.
No one understands this better than online dating-solutions provider SNAP Interactive, Inc. (OTCBB: STVI). After starting out as a stand-alone online dating website, the New York-based company quickly transformed itself into a developer of online applications for social-networking websites like Facebook, MySpace, hi5, and Bebo.
This strategy has been immensely successful for SNAP, allowing the company to combine its unique applications with the vast library of each site's user base. It's been a match made in heaven ever since.
'The beautiful thing is that we've developed an online dating model that works very well on the social networks,' says CEO Cliff Lerner, who co-founded SNAP with his brother, Darrell Lerner. 'People are engaged; they come back over and over. As these new opportunities open up, we can duplicate what we've created. There are many other large social networks that we haven't begun to leverage. We have a product that works and will [bring] incremental users and revenues.'"
To read the article in its entirety, click on the following link: www.equitiesmagazine.com/article_snap_interactive.php
To be added to the SNAP investor email list, please email email@example.com with STVI in the subject line.
About EQUITIES Magazine
Since 1951, EQUITIES (www.equitiesmagazine.com) has served both retail and institutional investors by examining industry trends, analyzing strategies and opportunities, and profiling financial leaders and emerging public companies. Its global audience increased dramatically after the launch of its European and digital versions, as well as its website, which provides free real-time market quotes and a free customizable, real-time portfolio-management interface. EQUITIES is also one of a select group of publications available on the Apple iPhone.
About SNAP Interactive, Inc.
Incorporated in Delaware and headquartered in New York, SNAP Interactive, Inc. is a leading provider of online dating applications for social networking websites. SNAP has developed two dating applications built on Facebook® Platform which have in excess of 15 million installations, and has also launched dating applications on MySpace Developer Platform & Hi5 Developer Platform. Our applications are called 'Are You Interested,' 'Meet New People,' and 'Flirt With Me.'
For more information visit www.snap-interactive.com.
Facebook® is a registered trademark of Facebook Inc.
Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include product demand, market competition, delays in application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov. All traffic statistics are recent averages.
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