MeetMe Announces Improved Second Quarter 2015 Guidance

NEW HOPE, Pa.-- MeetMe, Inc. (MEET), a public market leader for social discovery, today announced it increased its revenue and adjusted EBITDA guidance for its second quarter ending June 30, 2015 based on progress it has made in successfully transitioning management of its advertising inventory in-house earlier this month.

Geoff Cook, Chief Executive Officer of MeetMe, stated, “Since resuming management of our advertising inventory, we have experienced stronger rates than we originally anticipated. Our daily mobile app advertising revenue in the first three weeks of June has increased 23% versus the May average, and in the seven days ending June 21st, we have experienced 53% higher daily mobile app advertising revenue than the May average. We continue to enhance and improve our current ad inventory and look forward to testing full-screen mobile video ad units in July.”

Momo Announces Receipt of Preliminary Non-Binding "Going Private" Proposal

BEIJING, June 23, 2015 -- Momo Inc. (MOMO) ("Momo" or the "Company"), a leading mobile social networking platform in China, today announced that its board of directors (the "Board") has received a non-binding proposal letter, dated June 23, 2015, from Mr. Yan Tang ("Mr. Tang"), co-founder, chairman and chief executive officer of Momo, Matrix Partners China II Hong Kong Limited ("Matrix"), Sequoia Capital China Investment Management L.P. ("Sequoia") and Huatai Ruilian Fund Management Co., Ltd. ("Huatai Ruilian", and together with Mr. Tang, Matrix and Sequoia, the "Buyer Group"), proposing a "going-private" transaction (the "Transaction") to acquire all of the outstanding Class A ordinary shares of Momo not already owned by the Buyer Group for US$18.90 in cash per American depositary share ("ADS"), which represents a premium of 20.5% to the closing trading price of the Company's ADS on June 22, 2015, the last trading day prior to the date hereof.

LiveDeal Projects Record Year For Growth of Revenue and Earnings

LAS VEGAS, June 19, 2015 -- LiveDeal Inc. (LIVE) ("LiveDeal" or the "Company"), a publicly traded company that operates livedeal.com, a geo-location based mobile marketing platform for consumer products and  "real-time" and "instant dining offers" to nearby consumers, today announces it anticipates fiscal year 2015 to be a record year for the Company, as a result of its strategic acquisitions and significant increase in sales.

Due in part to the continued growth of its subsidiary, ModernEveryday, as well as the Company's expansion into online sales of consumer products, the Company expects significant increase in sales revenues by year's end.  In addition, the Company has added operational staff to maximize efficiency allowing better outreach, production and fulfillment, as well as increased marketing efforts that are helping the Company gain momentum.

AirMedia Announces Receipt of Preliminary Non-Binding "Going Private" Proposal

BEIJING, June 19, 2015 -- AirMedia Group Inc. ("AirMedia" or the "Company") (AMCN), a leading operator of out-of-home advertising platforms in China targeting mid-to-high end consumers, as well as a first-mover in the in-flight and on-train Wi-Fi market, today announced that its Board of Directors (the "Board") has received a non-binding proposal letter, dated June 19, 2015, from Mr. Herman Man Guo, Chairman of the Board and Chief Executive Officer of the Company, on behalf of himself and management of the Company (collectively, the "Buyer Group"), proposing a "going-private" transaction (the "Transaction") to acquire all of the outstanding ordinary shares of AirMedia not already owned by the Buyer Group for US$6.00 in cash per American depositary share ("ADS"), which represents a premium of 70.5% to the closing trading price of the Company's ADS on June 18, 2015, the last trading day prior to the date hereof.