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Quepasa.com Gains One Million New Users in November

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“Quepasa Corporation (OTC Bulletin Board: QPSA – News), owner of Quepasa.com, an online social network targeting the Latino community, today announced that the website gained one million new subscribers during the month of November. This represents an increase of 20% over the total membership at the end of October, and propels Quepasa.com‘s total membership to 6.4 million today from 5.3 million at the end of October. At the same time, Quepasa.com saw 3.7 million unique visits during November, compared with 2.3 million unique visits during the previous month.

“Our impressive growth in membership is attributable to word-of-mouth marketing among existing Quepasa members, our formation of a cross-functional team dedicated to email management and deliverability, and a more robust set of features on the site,” said John C. Abbott, CEO of Quepasa Corporation. “A growing user base will facilitate the marketing and monetization of our proprietary social applications, such as our dating app Papacito.com, and of our Distributed Social Media advertising product.”

About Quepasa Corporation

Quepasa Corporation, headquartered in West Palm Beach, FL with offices in Los Angeles, CA; Sao Paulo, Brazil; Scottsdale, AZ; Miami, FL; and Hermosillo, Mexico, owns Quepasa.com (www.Quepasa.com), one of the world’s largest, trilingual, Latino social networks. Quepasa.com is an authentic Latino community that provides fun, interactive, and easy to use social tools, and rich multimedia content in English, Spanish and Portuguese to embrace Latinos everywhere, and empower them to connect online, compete in contests and games and share their interests, ideas, and activities.

Forward-Looking Statements

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company’s products in the market; the Company’s success in technology and product development; the Company’s ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company’s SEC filings, including the financial statements and related information contained in the Company’s SEC Filing. The Company assumes no obligation to update the information in this release.

Contact:

The Investor Relations Group:
Investor Relations:
Tom Caden or Erika Moran, 212-825-3210
or
Media Relations:
Janet Vasquez or Enrique Briz, 212-825-3210

Posted on: December 3rd, 2009
Curation from Tomás
Filed Under: Business, Business News, Press Releases, Technology
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