SNAP Interactive Reports Results For The Quarter Ended March 31, 2012

Quarterly revenue increased 54 percent to $5.7 million compared to $3.7 million for the comparable period in 2011;

Net loss for the quarter increased to $1.7 million compared to a net loss of $0.9 million for the comparable period in 2011;

Deferred revenue increased 9 percent to $3.4 million at March 31, 2012 compared to $3.1 million at December 31, 2011;

Diluted loss per share for the quarter was $0.04 compared to a loss of $0.02 for the comparable period in 2011; and

SNAP’s balance sheet position continues to be strong, with $7.4 million of available sources of liquidity (includes cash and cash equivalents plus investments) at March 31, 2012.

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