SNAP Interactive CEO Clifford Lerner Featured on CNBC

Highlights from the Interview


Discussed trends in mobile and social dating

55 million net installs of the application on Facebook® Platform

As of February 14, 2012, is the 4th highest grossing app on iTunes under the category iPhone – U.S. Social Networking

SNAP is reinventing the application around big data – interest-based matching and social discovery

As of February 14, 2012, has 6.6 million Monthly Active Users on Facebook, per

As of February 2012, 15 percent of logins occur on a mobile device

11 straight quarters of revenue growth

Quarterly revenue increased 98 percent to $5.5 million compared to $2.8 million for the comparable period in 2010 while annual revenue increased 188 percent to $19.2 million compared to $6.6 million for 2010

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