SOURCE: Quepasa Corporation

Quepasa Corporation

September 27, 2010 08:30 ET

Quepasa.com to Introduce Skill-Based Wagering Games by Hollywood Creations

WEST PALM BEACH, FL--(Marketwire - September 27, 2010) - Quepasa Corporation (OTCBB: QPSA), creator and operator of the online social network for the Latino community, Quepasa.com, has partnered with Hollywood Creations, Inc. to develop skill-based wagering games for its fast-growing social website.

"Hollywood will integrate these new games into Quepasa's Open Social Developer platform, building upon the success of our very popular casual, role-playing and social-based games," said John Abbott, CEO of Quepasa. "We believe Quepasa will be the first social network to offer skill-based games through which users will have the ability to win cash and prizes. We expect these jointly developed games to further drive the engagement and monetization of Quepasa's rapidly growing Latino user base, now totaling more than 19 million, as well as continue to differentiate our core offerings."

According to Kevin Short, founder of Hollywood Creations: "This partnership with the creative team at Quepasa provides Hollywood a well-established entry to a rapidly growing Latino user base that we believe will greatly enjoy these highly engaging, interactive skill-based games. Quepasa's Open Social Developer platform provides an ideal framework and technology to make our games more socially interactive, engaging, and straightforward to deploy and manage."

Quepasa anticipates rolling out Hollywood Creations' first two titles, Lyric and Pokerville, initially, with more games in development. Lyric is a music knowledge game, which progresses based on points gained for completing various lyrics, whereas Pokerville connects and enables members to interact in virtual poker rooms.

Added Abbott: "These games will complement the skill-based wagering games developed by Titan Gaming, which were announced in June and are currently being integrated into our site. The partnership with Hollywood Creations also reflects our continued efforts to expanding our Open Social Developer platform to the broader game developer community."

About Hollywood Creations, Inc.
Hollywood Creations provides content solutions to the Skills with Prizes (SWP) electronic game network and mobile world; software for game support; facilitates skill games on to mobile and other electronic media; and creates their own titles for distribution across the national network of Pub terminals and other mobile media. Hollywood Creations is the holding company of two wholly owned subsidiary companies: Hollywood Gaming Ltd. and Hollywood Skill Ltd. For more information about Hollywood Creations, go to www.hollywoodcreations.co.uk.

About Quepasa Corporation
Quepasa Corporation (OTCBB: QPSA) owns 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. Quepasa Corp. is headquartered in West Palm Beach, Florida with offices in Los Angeles, Hermosillo, Mexico, Miami and Scottsdale. For more information about the company, go to www.quepasacorp.com, or join for free at www.Quepasa.com.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements including integrating the new games into our platform, expected success of the new games and our growing user base. 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 properly integrate and monetize the new games, and our user base's acceptance of the new 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.

All names and trademarks are the property of their respective owners.

Contact Information

  • Company Contact:
    Mike Matte
    CFO
    Quepasa Corporation
    Tel 561-650-8075

    Investor Relations Contact:
    Liolios Group
    Scott Liolios or Ron Both
    Tel 949-574-3860
    Email Contact