December 03, 2008 12:46 ET

SNAP Interactive Expects Fourth Quarter Revenue to Exceed $900,000

Anticipated 6th Consecutive Quarter of Revenue Growth

NEW YORK, NY--(Marketwire - December 3, 2008) - SNAP Interactive, Inc. ("SNAP" or the "Company") (OTCBB: STVI), a leading provider of online dating applications for social networking websites, today announced that it anticipates revenue for the quarter ending December 31, 2008 to exceed $900,000, yielding the Company's 6th consecutive quarter of revenue growth.

"Despite a challenging economic environment and reduced advertising payouts, we expect SNAP to further its track record of consistent quarterly growth as we continue to expand our business," stated SNAP President and CEO Clifford Lerner. "This is due, in part, to a continued effort to diversify our revenue streams and pursue alternate streams, among them the addition of more premium features on our 'Are You Interested' dating application. We are pleased with the way that we have been able to steadily increased revenue while still prioritizing user base growth ahead of monetization. Now with over 16 million users across 8 applications and 4 social networks we are perfectly positioned to expand our product offerings while continuing to explore the full array of revenue generation opportunities that are available to us."

To be added to the SNAP investor email list, please email justin.davis@cirrusfc.com with STVI in the subject line.

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 two dating applications built on Facebook® Platform which have in excess of 16 million installations, and has also launched dating applications on MySpace Developer Platform & Hi5 Developer Platform. Our applications are called 'Are You Interested,' 'Meet New People,' and 'Flirt With Me.'

For more information visit 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, fluctuations in advertising payouts, delays in application development, technical issues beyond our control, reliance on the various platforms that we build applications on, 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. All traffic statistics are recent averages.