SOURCE: SNAP Interactive

January 29, 2008 08:00 ET

SNAP Interactive's Applications Surpass 9 Million Users on Facebook® Platform

NEW YORK, NY--(Marketwire - January 29, 2008) - SNAP Interactive, Inc. (OTCBB: STVI) is pleased to announce that its applications called 'Are You Interested' and 'Meet New People' built on Facebook Platform have surpassed 9 million total installations as of January 29th, 2008. SNAP's largest application, 'Are You Interested.' which was launched on August 14th, has over 7.7 million installations as of January 29th, 2008, compared to over 6,000,000 installations on 12/31. Snap's second application, 'Meet New People' has over 1.5 million installations as compared to approximately 800,000 as of 12/31/07.

"We continue to proactively respond to the changing direction of online dating by developing dating applications such as 'Are You Interested' and 'Meet New People,'" said SNAP CEO Clifford Lerner. Lerner continued, "We are delighted by the continued growth that our applications experience and we look forward to further innovation and the addition of many exciting new features to the applications."

SNAP plans to continue to improve its current applications by adding new features and also plans to launch additional applications in 2008. SNAP recently changed its name from eTwine Holdings, Inc. to SNAP Interactive, Inc. to better reflect the company's focus on building online dating applications on social networking sites.

Facebook® is a registered trademark of Facebook Inc.

About SNAP Interactive Holdings:

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 two applications built on Facebook Platform which have in excess of 9 million installations. Our applications are called 'Are You Interested' and 'Meet New People.'

We also own an online dating website called IamFreeTonight.com. IamFreeTonight.com is a 100% free online dating service for singles and offers all personals and standard online dating features for singles in addition to its unique Wingman and Date Now concepts to meet singles.

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

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.

Contact Information

  • Contact:
    Cliff Lerner
    516-942-2030