SOURCE: SNAP Interactive, Inc.

April 21, 2008 11:38 ET

SNAP Interactive, Inc. Releases Preliminary 2008 First Quarter Revenues

NEW YORK, NY--(Marketwire - April 21, 2008) - SNAP Interactive, Inc. (OTCBB: STVI) today announced unaudited preliminary results for its quarter ended March 31st, 2008. SNAP is please to announce revenues in excess of $518,000 in the first quarter of 2008. This is compared to revenues of approximately $388,000 in the fourth quarter in 2007. The increase in revenue is attributed to the continued growth and popularity of SNAP's social networking applications.

SNAP Interactive CEO Clifford Lerner said, "We continue to place emphasis on the development of popular dating applications on social networking sites while always trying to enhance the user experience." SNAP's dating applications averaged over 1 million visits per day in the 1st quarter of 2008 and combine for over 11 million installations.

Detailed financial results for the quarter ending March 31, 2008 will be available in our 10-Q which we anticipate filing on or before May 15th, 2008.

About SNAP Interactive, Inc.

Incorporated in Delaware and headquartered in New York, SNAP Interactive, Inc. is a leading provider of online dating applications for social networking websites. SNAP has developed several applications built on Facebook® Platform & MySpace Developer Platform which have in excess of 11 million installations. Our applications are called 'Are You Interested,' 'Meet New People,' and 'Flirt With Me.'

We also own a free online dating website called IamFreeTonight.com. IamFreeTonight.com offers all standard online dating features for singles in addition to its unique Wingman and Date Now concepts.

For more information visit http://www.snap-interactive.com.

Facebook® is a registered trademark of Facebook Inc.

Forward-Looking Safe Harbor Statement:

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include product demand, market competition, delays in website development, technical issues beyond our control, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.

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