SOURCE: SNAP Interactive, Inc.
December 09, 2008 09:15 ET
Snap Interactive Makes Global Debut Through EQUITIES Magazine Feature Article
"Young Company Seeks Explosive Growth: SNAP Interactive Makes the Perfect Connection"; Link to Article: www.equitiesmagazine.com/article_snap_interactive.php
NEW YORK, NY--(Marketwire - December 9, 2008) - SNAP Interactive, Inc. ("SNAP" or the
"Company") (OTCBB: STVI), a leading provider of online dating applications
for social networking websites, announced today that the Company was the
subject of a feature
article in the December 5th issue of EQUITIES Magazine. The article was
also published to the magazine's highly trafficked Website
(www.equitiesmagazine.com). The magazine has over 160,000 print subscribers
in North America alone, and another 42,000 digital subscribers worldwide.
The issue featuring SNAP Interactive can be purchased at Barnes & Noble, B.
Dalton, Books-A-Million and at newsstands across the U.S.
As excerpted from the
article:
"Whether it's romance or finance, the key to a winning relationship is the
potential for growth. And whether it comes from the heart or the wallet, a
significant investment is made in every relationship.
No one understands this better than online dating-solutions provider SNAP
Interactive, Inc. (OTCBB: STVI). After starting out as a stand-alone online
dating website, the New York-based company quickly transformed itself into
a developer of online applications for social-networking websites like
Facebook, MySpace, hi5, and Bebo.
This strategy has been immensely successful for SNAP, allowing the company
to combine its unique applications with the vast library of each site's
user base. It's been a match made in heaven ever since.
'The beautiful thing is that we've developed an online dating model that
works very well on the social networks,' says CEO Cliff Lerner, who
co-founded SNAP with his brother, Darrell Lerner. 'People are engaged; they
come back over and over. As these new opportunities open up, we can
duplicate what we've created. There are many other large social networks
that we haven't begun to leverage. We have a product that works and will
[bring] incremental users and revenues.'"
To read the article
in its entirety, click on the following link:
www.equitiesmagazine.com/article_snap_interactive.php
To be added to the SNAP investor email list, please email
justin.davis@cirrusfc.com with STVI in the subject line.
About EQUITIES Magazine
Since 1951, EQUITIES (www.equitiesmagazine.com) has served both retail and
institutional investors by examining industry trends, analyzing strategies
and opportunities, and profiling financial leaders and emerging public
companies. Its global audience increased dramatically after the launch of
its European and digital versions, as well as its website, which provides
free real-time market quotes and a free customizable, real-time
portfolio-management interface. EQUITIES is also one of a select group of
publications available on the Apple iPhone.
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 15 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, 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.