SOURCE: Quepasa Corporation

Quepasa Corporation

May 18, 2010 12:57 ET

Quepasa Partners With Zoosk to Bring Social Online Dating to Quepasa's Rapidly Growing Latino Audience

Agreement With the Leader in Online Social Dating Drives Retention and Monetization for Quepasa by Providing Quepasa's Users Access to the World's Largest Social Dating Community of Over 50 Million Users in 60 Countries

WEST PALM BEACH, FL--(Marketwire - May 18, 2010) -  Quepasa Corporation (OTCBB: QPSA), owner of Quepasa.com, an online social network targeting the Latino community, signed an agreement to make the Zoosk online dating service available to Quepasa's registered user base of over 13 million Latinos. Under the terms of the agreement, the Zoosk service will be made available to the users on Quepasa.com, integrating Quepasa's community with the growing online dating community on Zoosk. The objective of the agreement is to extend the Zoosk community across the countries of Latin America by promoting and monetizing the Zoosk offering to the users of Quepasa.com.

"Our syndication strategy gives partners a way to generate revenue, while attracting new Zooskers from various vertical communities," said Shayan Zadeh, co-founder and co-CEO of Zoosk. "We've engineered Zoosk to easily and seamlessly integrate with other Web properties, and the revenue sharing model is a win-win scenario for everyone involved. We are excited to partner with Quepasa to extend Zoosk's already global reach to an Internet and social savvy audience of Latinos."

"Quepasa is excited to integrate our community with the Zoosk dating service. Our users already use Quepasa as a place to flirt, play and win with other Latinos. The integration of the Zoosk dating service is a logical next step for our users who are looking to meet and date other Latinos online," said Quepasa CEO John Abbott.

The service is expected to go live on Quepasa.com before the end of May and will be the primary dating option made available to Quepasa's members.

About Zoosk
Zoosk Inc. (www.zoosk.com) is one of the world's largest online dating services, with more than 50 million members in 60 countries. Built on the social web, Zoosk provides an easy, fun and safe online dating experience across major social networks, mobile devices and the desktop. The 'freemium' model invites Zooskers to join for free, while also offering subscriptions and virtual goods. Founded by Shayan Zadeh and Alex Mehr, the company is based in San Francisco and backed by Canaan Partners, Bessemer Venture Partners and ATA Ventures.

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

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

    Zoosk Contact
    Kate Brooks
    Director Marketing Communications
    Zoosk, Inc.
    415 728 9561