SOURCE: Quepasa Corporation

Quepasa Corporation

February 16, 2011 08:31 ET

Quepasa.com Revamps Games Section

WEST PALM BEACH, FL--(Marketwire - February 16, 2011) - Quepasa Corporation (NYSE Amex: QPSA), creator and operator of Quepasa.com, the popular online social network and game platform for the Latino community, has launched a redesigned game section to support its strategic focus on social gaming and bringing more culturally relevant social titles to its core users on Quepasa.com.

The redesign focused on improving usability and driving interaction within the games. The new gaming section now has a "Featured Games" window that gives additional promotion and visibility to a select set of premium publishers and their corresponding titles. These titles have been handpicked by Quepasa based on their quality, cultural relevance, localization for Quepasa's core geographies, and ongoing performance metrics.

"The goal of this redesign is to strengthen our game offering by providing our users with premium, culturally relevant social games that our users want to engage and play with their friends," said John C. Abbott, CEO of Quepasa. "We have spent the better part of the fourth quarter of 2010 working to make sure that our games sections appeals to our users, and also supports the needs of the third party publishers that we hope to attract to Quepasa.com."

In the first month since the relaunch, Quepasa's games section has already garnered two to three times its previous daily page views on a consistent basis, even with supporting a very limited set of social gaming titles at launch. There is currently a large pipeline of premium games Quepasa is preparing to launch over the next several months, representing new titles developed both internally and from third party publishers.

This includes titles generated by Quepasa's recently announced partnership with eGames to publish and promote eGames' titles on Quepasa.com and other social networks across Latin America. Quepasa also announced an agreement to acquire Brazil-based social games developer, XtFt Games and its TechFront Studios, which will allow TechFront's team of 41 full-time game developers to focus on developing culturally relevant social gaming titles on behalf of Quepasa. Quepasa has also recently partnered with PlaySpan to leverage PlaySpan's payment solutions for more effective direct user monetization across Latin America.

Quepasa reported its membership base increased by a record 2.32 million in January 2011 to total more than 29.5 million registered users. The site also generated a record 17.6 million unique visits in January, up from 16.4 million unique visits in December.

About Quepasa Corporation
Quepasa Corporation (NYSE Amex: QPSA), owns Quepasa.com, the leading online social network and game platform for the Latino community. 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, and Hermosillo, Mexico. For more information about the company, go to www.quepasacorp.com, or join for free at www.Quepasa.com.

Cautionary Note Concerning Forward-Looking Statements
This press release contains forward-looking statements, including our belief that we are strongly positioned to capitalize on the rapid growth and monetization of social games throughout Latin America. 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 competitive factors, our failure to develop and integrate the new 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, 2010. 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:
    Brian Garrett
    VP of Strategy
    Quepasa Corporation
    Tel (310) 443-2742

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