SOURCE: Quepasa Corporation

Quepasa Corporation

May 04, 2010 13:35 ET

Quepasa.com Gains 1.3 Million New Users in April

Site Membership Grows to Over 13MM Registered Users

WEST PALM BEACH, FL--(Marketwire - May 4, 2010) - Quepasa Corporation (OTCBB: QPSA), owner of Quepasa.com, an online social network targeting the Latino community, today announced that the website gained 1.3 million new registered users during the month of April, driving total membership to over 13 million users.

"Our audience continues to see rapid viral growth," said John C. Abbott, CEO of Quepasa Corporation. "At the same time, we are introducing new features and monetization opportunities. We recently launched our Open Social developer website in order to facilitate the testing and porting of third party social games and applications."

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

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

    Investor Relations contact
    John Baldissera
    BPC Financial Marketing
    800-979-5055