SOURCE: Quepasa Corporation

Quepasa Corporation

June 22, 2010 09:00 ET

Quepasa Wins DSM Contract for High-Profile Legislative Campaign in Mexico

Quepasa's Social Media Advertising Solution Will Be Deployed to Generate Grassroots Support of Proposed Law

WEST PALM BEACH, FL--(Marketwire - June 22, 2010) -  Quepasa Corporation (OTCBB: QPSA), owner of Quepasa.com, an online social network targeting the Latino community, today announced that it had been awarded a contract to promote a proposed law that will seek to create more opportunities for young Mexicans. The law will be presented to the Mexican Senate in September, 2010. The latest in a series of contracts for Quepasa's DSM or "Distributed Social Media" advertising solution, this marks an innovative application of DSM to the political sphere.

The legislative campaign, set to launch this August, will utilize DSM to generate grassroots support for the proposed law. The DSM will not only educate visitors on the legislation, but also give them the opportunity to cast a virtual "vote" for it and post it to their various social profiles in order to engage others. While additional details of the legislation have not yet been announced, Quepasa has indicated that the law's focus on young Mexicans has made social media a natural choice for the campaign's online home.

"Quepasa DSM will allow us engage those who will benefit directly from this legislation," said a spokesperson for a political sponsor of the law. "We look forward to not only reaching our audience, but also opening a dialogue with them and, in turn, generating meaningful support for this initiative."

"Social media has demonstrated tremendous potential as a forum for political dialogue and advancement," said John Abbott, CEO of Quepasa. "We are excited about this opportunity because it allows us to participate in this important trend as we continue to build out our DSM business."

About Quepasa Corporation

Quepasa Corporation, headquartered in West Palm Beach, FL with offices in Los Angeles, CA; São Paulo, Brazil; Scottsdale, AZ; Miami, FL; and Hermosillo, Mexico, 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.

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:
    Company Contact
    Mike Matte
    Chief Financial Officer
    Quepasa Corporation
    (561) 650-8075

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