NEW HOPE, PA--(Marketwire - Sep 4, 2012) - MeetMe, Inc. (NYSE MKT: MEET), the public market leader for social discovery, announced today that the MeetMe Board has appointed Steven M. Besbeck to its Board of Directors. In addition to serving as a Director, Mr. Besbeck will Chair the Audit Committee.
"We are pleased to have Steven join the MeetMe, Inc. Board of Directors," said John Abbott, Chairman of the Board and Chief Executive Officer of MeetMe, Inc. "Steven's extensive public company experience, both as a CEO and at the Director level, coupled with his expertise in corporate governance will be valuable to our growth as a public company."
Mr. Besbeck is currently a Managing Director with Diamond Capital Advisors, LLC., a middle-market investment bank. In addition, Mr. Besbeck has a long track record as a public company CEO. Between 1983 and 2007, Mr. Besbeck was the Chairman and CEO of Aspyra ( (OTCBB: APYI), which at the time was traded on the American Stock Exchange), which he co-founded and established as a leading company in its industry. Prior to founding Aspyra, Mr. Besbeck was the President and CEO of American Cytogenetics, where he turned the nearly bankrupt company into a successful venture, directing 11 acquisitions and selling the company in 1983.
Mr. Besbeck currently serves as a director, Chairman of the Nominating and Governance Committee, and member of the Audit Committee of Iris International, Inc. and has served previously on public company boards including Aspyra, Inc.; American Pay Telephone Systems; Bristol Gaming; HSC Services; American Cytogenetics; and Agincourt Ventures, Inc. He is a member of the National Association of Corporate Directors (NACD), and he has been a speaker on Sarbanes-Oxley compliance and corporate governance.
Mr. Besbeck joins the MeetMe, Inc. Board of Directors as its ninth member.
About MeetMe, Inc.
MeetMe® is the leading social network for meeting new people in the US and the public market leader for social discovery (NYSE MKT: MEET). MeetMe makes meeting new people fun through social games and apps, monetized by both advertising and virtual currency. The MeetMe brand grew out of the merger of myYearbook and Quepasa in November 2011. With 60% of traffic coming from mobile, MeetMe is transforming how people discover one another in a mobile-first world. The company operates MeetMe.com, Quepasa.com, and MeetMe apps on iPhone, iPad, and Android.