SOURCE: Quepasa Corporation

Quepasa Corporation

January 06, 2010 10:41 ET

Quepasa.com Gains 1.2 Million New Users in December

Fastest Growing Online Social Community for Latinos Now Boasts Total Membership of 7.6 Million Subscribers

WEST PALM BEACH, FL--(Marketwire - January 6, 2010) - Quepasa Corporation (OTCBB: QPSA), owner of Quepasa.com, an online social network targeting the Latino community, today announced that the website gained 1.2 million new registered users during the month of December. This represents an increase of 20% over the number of new subscribers who signed up during the previous month, and propels Quepasa.com's total membership from 6.4 million in November to 7.6 million today -- an overall gain of 19%. At the same time, Quepasa.com saw 7.1 million unique visits during December, compared with 3.7 million unique visits during the previous month.

"The figures for December reflect our continued viral growth as a business, and Quepasa.com's expanding popularity among Latinos worldwide," said John C. Abbott, CEO of Quepasa Corporation. "We expect the year 2010 to bring with it an even more impressive set of numbers, as our customer base continues to grow and as more and more potential users hear about the site and learn what its features can offer to them, their friends and their family members."

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:

    The Investor Relations Group:
    Investor Relations:
    Tom Caden or Erika Moran
    212-825-3210

    Media Relations:
    Janet Vasquez or Enrique Briz
    212-825-3210