SOURCE: Quepasa Corporation

Quepasa Corporation

October 04, 2010 10:29 ET Adds a Record 2 Million New Members in September

Popular Social Network for Latino Community Reports 11% Month-Over-Month Growth

WEST PALM BEACH, FL--(Marketwire - October 4, 2010) - Quepasa Corporation (OTCBB: QPSA) reported that its membership base for, the popular online social network for the Latino community, grew by more than 2 million in September, reaching 20.7 million total registered members.

These results demonstrate continued momentum in the growth of Quepasa's user base, following the addition of 1.8 million in August and 1.2 million in July. Unique visits also increased substantially, with visits in September totaling 16.3 million, an increase of 13% over August.

"The growth of these September numbers benefited from ongoing product optimization and user experience improvements," said John C. Abbott, CEO of Quepasa Corporation. "Quepasa's Open Social Developer platform also made significant progress in September, including a new partnership that will introduce social, skill-based games that we expect will continue to drive user engagement and membership expansion." continued to see particular growth momentum in its Brazilian user base, which accounted for 534,000 of its new users in September, an increase of 20% over August, and making the fastest growing social network in Brazil on a percentage basis.

This is significant given that Brazil's population dominates social media consumption worldwide, with 86% of Brazilian Internet users regularly using social media sites, according to recent data from The Nielsen Company.

Following Brazil, Mexico represented the second largest source of Quepasa's September growth, accounting for 325,433 new members, a 4% increase over the month of August.

"The popularity of social networking among Latin Americans is undeniable," said Abbott. "With our overall growth rate now at more than 66,000 new users per day, is at the forefront of this trend."

"Our success in Latin America is increasingly attracting brands and agencies to our social media advertising solution, Quepasa DSM," added Abbott. "Introduced less than a year ago, Quepasa DSM has secured ad campaigns totaling more than $7.3 million so far this year, up from $800,000 we reported in March."

About Quepasa Corporation

Quepasa Corporation (OTCBB: QPSA), owns, one of the world's largest, trilingual, Latino social networks. 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. Quepasa Corp. is headquartered in West Palm Beach, Florida with offices in Miami, Los Angeles, Scottsdale, and Hermosillo, Mexico. For more information about the company, go to, or join for free at

Forward-Looking Statements

This press release contains forward-looking statements including the impact of the games. 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 the failure to develop and integrate the games and our members' usage of the games. 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
    Tel (561) 650-8075

    Investor Relations Contact:
    Liolios Group, Inc.
    Scott Liolios or Ron Both
    Tel (949) 574-3860