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Quepasa Appoints Brian Harvey as Vice President of Capital Markets and Investor Relations


Published on 2011-04-01 05:50:26 - Market Wire
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WEST PALM BEACH, FL--(Marketwire - April 1, 2011) - [ Quepasa Corporation ] (NYSE Amex: [ QPSA ]), creator and operator of [ Quepasa.com ], the popular online social network and game platform for the Latino community, today announced the addition of E. Brian Harvey to the newly created role of Vice President of Capital Markets and Investor Relations.

"We are extremely pleased to be able to bring Brian aboard as we enter our next phase of growth," said Quepasa CEO John C. Abbott. "With our recent capital raise, listing on the NYSE Amex, acquisition of TechFront and our new gaming initiatives, our profile has been raised within the investment community, and with it, the need to communicate our message more clearly, efficiently, and consistently with investors and Wall Street. In this new role, we believe Brian will be able to leverage his 20 years' experience as an analyst in order to better facilitate this communication."

"Having covered Quepasa as an analyst and having followed the company for years, I have been extremely impressed with the company's growth and solid execution," said Harvey. "When I was offered the opportunity to join Quepasa in this role as a liaison between investors and the company, I was thrilled, as I see tremendous opportunities for Quepasa to become the premier social network technology company for the Latino community."

Abbott added: "In this new role, Brian will take responsibility for communicating with Quepasa's current shareholder base and the broader market at large, helping drive more institutional interest in the company. He will also be introducing new initiatives to increase the company's exposure to industry analysts that are interested in Quepasa's continued growth story, which is focused on social media opportunities in Latin America."

About Quepasa Corporation
Quepasa Corporation (NYSE Amex: [ QPSA ]), owns Quepasa.com, the leading online social network and game platform for the Latino community. Quepasa.com 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. Quepasa is headquartered in West Palm Beach, Florida with offices in Miami, Los Angeles, Scottsdale, and Hermosillo, Mexico. For more information about the company, go to [ www.quepasacorp.com ], or join for free at [ www.Quepasa.com ].

Cautionary Note Concerning Forward-Looking Statements
This press release contains forward-looking statements regarding entering our next phase of growth and opportunities to become the premier social network technology company for the Latino community. Forward-looking statements can also be identified by words such as "targets", "expects", "believes", "anticipates", "intends", "may", "will", "plan", "continue", "forecast", "remains", "would", "should", and similar expressions. Forward-looking statements are based on current expectations, are not guarantees of future performance and involve assumptions, risks, and uncertainties. Actual performance and results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include competitive factors, our continued support from our Mexican sponsors, our failure to develop and integrate new games, our members' usage of the games and the continued acceptance of our DSM.

Further information on our risk factors is contained in our filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2010. Any forward-looking statement made by us in this press release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.

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