SOURCE: Quepasa Corporation

Quepasa Corporation

June 27, 2011 09:52 ET

Quepasa Announces Inclusion in Three Russell Indexes

Shares of Quepasa Added to the Russell 3000, Russell Global and Russell Microcap Indexes

WEST PALM BEACH, FL--(Marketwire - Jun 27, 2011) - Social media technology company, Quepasa Corporation (NYSE Amex: QPSA), owner of popular Latino online social network Quepasa.com and cross-platform social game development studio Quepasa Games, today announced that its shares have been added to the Russell 3000, Russell Global and Russell Microcap Indexes as a part of Russell's 2011 reconstitution.

"We believe our inclusion in the Russell Indexes represents validation of strategies undertaken during the past year, including our listing on the NYSE Amex and our acquisition of Brazilian social game development studio XtFt Games," commented Quepasa CEO John Abbott. "Social Media companies are taking a prominent role in the equity markets, and we are pleased to be at the forefront of that trend."

About Quepasa Corporation
Quepasa Corporation (NYSE Amex: QPSA) is a social media technology company which owns Quepasa.com, the leading online social network and game platform for the Latino community, Quepasa Games, a cross platform social game development studio, and Quepasa DSM, a cross platform social advertising and contest platform. Quepasa.com 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. Quepasa is headquartered in West Palm Beach, Florida with offices in Miami, Los Angeles, Scottsdale, Hermosillo, Mexico, and Curitiba, Brazil. For more information about the company, go to www.quepasacorp.com, or join for free at www.Quepasa.com.

Contact Information

  • Company Contact:
    E. Brian Harvey
    Vice President of Capital Markets and Investor Relations
    Quepasa Corporation
    Tel (310) 801-1719
    brian.harvey@quepasacorp.com