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Quepasa Partners With Moblyng to Bring the Latest Social Games to Quepasa.com Users

^{Published on 2010-01-07 08:10:24 - Market Wire}
 

WEST PALM BEACH, FL--(Marketwire - January 7, 2010) - Quepasa Corporation, (OTCBB: [ QPSA ]), a leading Latino social media company that owns and operates Quepasa.com, one of the world's fastest-growing Latino social networks, has signed a social application distribution agreement with Moblyng, the leading developer and publisher of cross-platform games for web and mobile. Under the terms of the agreement, Moblyng will provide their titles to users on Quepasa.com, leveraging Quepasa's OpenSocial framework. Quepasa users will now be able to play a portfolio of Moblyng's social gaming titles with their friends on Quepasa.com and on their mobile phones. The objective of the agreement is to provide exclusive web and mobile game experiences to Quepasa's user base and to jointly monetize and share revenues.

Moblyng has agreed to provide eight games for Quepasa's use: m:Poker Live, m:Vampire, m:Mafia, m:Racing, m:Zombies, Dungeon Quest, WordRacer and Narcotraficante. These games will be offered to Quepasa users in Spanish and Portuguese as well as English. Moblyng games can be played cross platform either on the web at Quepasa.com or on Nokia S60 Series, iPhone, Android and Palm WebOS smartphones. BlackBerry (RIM) and OMS versions of these same titles are scheduled to be released during 2010.

"This is the first of what should be several new applications available to Quepasa.com users in 2010," said John Abbott, Quepasa's CEO. "Furthermore, this agreement with Moblyng demonstrates Quepasa's commitment to monetizing our unique social platform and ultimately increasing shareholder value."

About Moblyng

Moblyng is the leading developer and publisher of cross-platform games for mobile devices and social networks. With games on leading smartphone platforms, gamers can now play Moblyng games and compete against their friends while on the go or within their own social networking accounts. For more information, please visit [ http://www.moblyng.com ].

About Quepasa Corporation

Quepasa Corporation (OTCBB: [ QPSA ]), headquartered in West Palm Beach, FL with offices in Los Angeles, CA; São Paulo, Brazil; Scottsdale, AZ; Miami, FL; and Hermosillo, MX, 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.