SOURCE: Quepasa Corporation

Quepasa Corporation

June 21, 2011 08:45 ET

Quepasa Announces Wonderful City - Rio Launch on Facebook

Franchise Expansion to Include Localized Mexican and Colombian Versions of the Popular City Building Game

WEST PALM BEACH, FL--(Marketwire - Jun 21, 2011) - Quepasa Corporation (NYSE Amex: QPSA), owner of popular Latino online social network Quepasa.com and social game development studio Quepasa Games, and MentezLLC, the largest social gaming publisher in Latin America, today announced that Wonderful City - Rio is now available on Facebook, at http://apps.facebook.com/cidademaravilhosa/. Wonderful City - Rio invites users to build their own virtual Rio de Janeiro, adapting the popular city-building game concept for Latin American audiences. Quepasa launched the game in partnership with Mentez, the leading Latin American social games publisher and payment provider.

"We are excited to bring Wonderful City - Rio to Facebook," commented Quepasa CEO, John Abbott. "After successfully launching and monetizing on Quepasa and Orkut just over a month ago, we look forward to expanding the game's presence on Facebook, as well as expanding the Wonderful City franchise to include additional localized versions of the game that will resonate with an even broader audience across Latin America."

Wonderful City - Rio has fast become a popular social game reaching over 1.3 million installs in May across the Orkut and Quepasa.com platforms. In addition, Mentez reports that Wonderful City - Rio has an average of 600,000 daily active users (DAU) and these users are very active issuing over 900,000 posts/updates on a daily basis.

"Wonderful City - Rio is a great example that social gamers want games that are localized for their region," said CEO Abbott. "It's fun playing around with recognizable and familiar landmarks to create your own virtual metropolis. We want to re-create this enjoyable experience with other interesting locations in Mexico and Colombia."

Building on the current success of the popular city-building game, Wonderful City - Rio, Quepasa Games plans to release Mexican and Colombian versions of the game to increase exposure among broader Latin American audiences. Soon, social gamers in these countries will build their own virtual cities such as Mexico City and Cartagena and feature virtual items specifically localized for these countries. Currently, Wonderful City - Rio is available on Orkut, Quepasa.com, and Facebook.

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.

Cautionary Note Regarding Forward Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including statements regarding expanding the Wonderful City's presence on Facebook and plans to release Mexican and Colombian versions of Wonderful City.

All statements other than statements of historical facts contained herein, including statements regarding our future financial position, liquidity, business strategy and plans and objectives of management for future operations, are forward-looking statements. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs.

Important factors that could cause actual results to differ from those in the forward-looking statements include unanticipated technical problems which impede the development of Mexican or Columbian versions of Wonderful City and internal decisions made by Facebook. Further information on our risk factors is contained in our filings with the SEC, including our Form 10-K for the year ended December 31, 2010. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

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