SOURCE: Quepasa Corporation

Quepasa Corporation

June 16, 2010 09:00 ET

Quepasa Is First Social Network to Bring Skill-Based Gaming to Their Users Through Partnership With Titan Gaming

With Titan's Integration Into Quepasa's Developer Platform, Game Publishers Around the World Will Be Able to Publish Skill-Based Titles to Quepasa's Rapidly Growing Latino Audience

WEST PALM BEACH, FL--(Marketwire - June 16, 2010) -  Quepasa Corporation (OTCBB: QPSA), owner of Quepasa.com, an online social network targeting the Latino community, has signed an agreement with Titan Gaming to integrate Titan's skill-based gaming technologies into Quepasa's Open Social Developer platform. This partnership will facilitate the availability and publishing of skill-based social games to Quepasa's registered user base of over 14 million Latinos. The partnership will drive the engagement and monetization of Quepasa's users and will continue to differentiate Quepasa's core offering.

"Game developers around the world are looking for better ways to monetize their games beyond ads and virtual currency. Titan's Platform enables game developers to add tournaments, leaderboards, skill-based matchmaking, and points and cash competitions (dependent upon the laws in each jurisdiction) to their portfolios of games," said John Maffei, CEO of Titan Gaming. "We are excited to partner with Quepasa due to their explosive user growth, comprehensive gaming strategy, and their singular focus on the rapidly-growing and sophisticated Latino user base."

"Quepasa is excited to partner with Titan Gaming, as we believe the availability of skill-based gaming titles will be a real differentiator for Quepasa as we start to market our Open Social Developer platform to the broader game developer community. We look forward to working with social game developers from across the globe to effectively drive the adoption and monetization of their titles to our rapidly growing Latino user base," said Quepasa CEO, John Abbott.

About Titan
Titan, based in Los Angeles, CA, was incorporated in 2006 and has invested over 100,000 hours in development with a team of 24 engineers to develop the Titan Platform. The Titan Platform offers gaming companies and content sites the most effective and complete gaming platform that enables skill-based matchmaking, tournaments and legal points or cash competitions. Titan utilizes gamers' natural competitive inclinations to help its partners and their game developers generate the highest lifetime value (LTV) for users of the platform in the video game industry. Developers, game publishers and content sites interested in utilizing the Titan Platform can visit www.TitanPlatform.com to learn more.

About Quepasa Corporation
Quepasa Corporation (OTCBB: QPSA), headquartered in West Palm Beach, FL with offices in Los Angeles, CA; São Paulo, Brazil; Scottsdale, AZ; Miami, FL; and Hermosillo, MX, 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

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including monetization of our users and differentiating our core offering. Forward-looking statements can also be identified by words such as "targets," "expects," "believes," "anticipates," "intends," "may," "will," "plan," "continue," "forecast," "remains," "would," "should," and similar expressions. Forward-looking statements are based on current expectations, are not guarantees of future performance and involve assumptions, risks, and uncertainties. Actual performance and results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include changes in the public's approach to social networking needs, competition, our ability to continue to enrich our website to attract users, unanticipated failure to reach our users, and how our users will react to the skill-based gaming titles.

Further information on our risk factors is contained in our filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2009. Any forward-looking statement made by us in this press release 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.

Contact Information

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

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