SOURCE: Quepasa Corporation

Quepasa Corporation

March 29, 2010 09:08 ET

Quepasa Partners With Viximo to Bring Portfolio of Social Games to Quepasa.com Users

Agreement With Leading Virtual Goods Company Will Fuel Social Gaming Content, Increase User Engagement and Monetization

WEST PALM BEACH, FL--(Marketwire - March 29, 2010) -  Quepasa Corporation (OTCBB: QPSA), creator of Quepasa.com, one of the world's fastest-growing Latino social networks, today announced its partnership with Viximo, the leading provider of virtual goods solutions and applications, to bring social games and applications including Viximo's newest release 'SnapMeUp' to the network's 12 million users. Leveraging Quepasa's OpenSocial framework, the two companies plan to provide additional social games and applications as they are added to the Viximo portfolio in an effort to keep users engaged and help Quepasa maximize revenue.

'SnapMeUp' is the ultimate marriage of online flirting and social gaming. Quepasa players can find fame and fortune by buying, selling and trading photos of their friends with other people on the site. Some will become tycoons by mastering the art of buy low/sell high and others will find validation as the hottest person on the market.

"We anticipate 'SnapMeUp' will be a highly engaging application for Quepasa.com members and expect the competitive spirit of our Latino community will drive usage and demand for the social game," said John Abbott, chief executive officer of Quepasa. "Our partnership with Viximo demonstrates Quepasa's commitment to bringing entertaining, authentic and up-to-date content to our dedicated community." 

"Viximo is thrilled to add Quepasa to our network of partners as we expand our premium applications, games and virtual goods content," said Dale Strang president and chief executive officer of Viximo. "Quepasa is the premier social network for Latinos, and we are proud to help both monetize and increase the engagement of their audience."

About Quepasa Corporation
Quepasa Corporation (OTCBB: QPSA), headquartered in West Palm Beach, FL with offices in Los Angeles, CA; São Paulo, Brazil; Scottsdale, AZ; Miami, FL; and Hermosillo, MX, owns Quepasa.com (www.Quepasa.com), one of the world's largest, trilingual, Latino social networks. Quepasa.com is an authentic Latino community that provides fun, interactive, and easy-to-use social tools, and rich multimedia content in English, Spanish and Portuguese to embrace Latinos everywhere, and empower them to connect online, compete in contests and games and share their interests, ideas, and activities.

About Viximo, Inc.
Viximo is the easiest way to drive revenue with virtual goods and virtual currency. Viximo is the one solution that provides everything a social website needs to implement a virtual goods business including micro-transaction payments, analytics, virtual currency, and white label social applications and games. Viximo works with some of the largest social networks and premium content providers to create a virtual economy in only one week. For more information visit http://viximo.com or learn about successful virtual goods strategies at http://blog.viximo.com.

Forward-Looking Statements
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. The Company assumes no obligation to update the information in this release.

Contact Information

  • Contact in U.S.A.: Mike Matte
    Quepasa Corporation
    (561) 491-4186
    Email Contact

    Investor Relations contact
    John Baldissera
    BPC Financial Marketing
    800-368-1217