Replies to post #180157 on SwingTrade Member Forum (SWING)

[Rawnoc]

STVI -- WOW, this is thin... .70 X 1.19

[Rawnoc]

SNAP Interactive Provides Fourth Quarter and Full Year 2008 Revenue Guidance
Anticipated Q4 '08 Revenue of $1.08 MM, Full Year '08 Revenue of $3.0 MM

Tuesday January 20, 2009, 9:05 am EST
SNAP Interactive, Inc.

NEW YORK, NY--(MARKET WIRE)--Jan 20, 2009 -- SNAP Interactive, Inc. ("SNAP" or the "Company") (OTC BB:STVI.OB - News), a leading provider of online dating applications for social networking websites, announced today revenue guidance for the quarter and year ended December 31, 2008. SNAP anticipates revenue in excess of $1.08 million for the quarter ended December 31, 2008, and total revenue in excess of $3.0 million for the year ended December 31, 2008.

As SNAP has reached a critical mass of more than 16 million users across its 8 applications, the Company has experienced greater opportunity for revenue generation. While its advertising programs remain the Company's primary revenue source at this time, SNAP's recent financial performance has allowed it to diversify its product offering and evolve additional revenue-generating channels.

"We are pleased that we have again performed up to or exceeded expectations," stated SNAP's CEO Clifford Lerner. "In these uncertain times we recognize that we cannot rely exclusively on any one product or source of revenue. Even as we continue to achieve positive results with our current product portfolio we are keeping our focus firmly on the horizon -- the first half of 2009 will bring significant announcements from SNAP, developments that could substantially redefine our opportunities for growth. We are extremely proud of what we accomplished in 2008 in turning 'Are You Interested' into the leading dating application on the web, but we are even more excited about the future for SNAP. We are actively working on several new initiatives designed to increase our product offerings and give SNAP an even greater foothold in the emerging social dating industry."

To be added to the SNAP investor email list, please email [e-mail] with STVI in the subject line.

About SNAP Interactive, Inc.

Incorporated in Delaware and headquartered in New York, SNAP Interactive, Inc. is a leading provider of online dating applications for social networking websites. SNAP has developed two dating applications built on Facebook® Platform which have in excess of 16 million installations, and has also launched dating applications on MySpace Developer Platform and Hi5 Developer Platform. Our applications are called 'Are You Interested,' 'Meet New People,' and 'Flirt With Me.'

For more information visit www.snap-interactive.com.

Facebook® is a registered trademark of Facebook Inc.

Forward-Looking Safe Harbor Statement:

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include product demand, market competition, delays in application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov. All traffic statistics are recent averages.

Contact:
CONTACT:
Cirrus Financial Communications, LLC
Justin K. Davis
(877) 977-STVI (7884)
Email Contact
http://www.cirrusfc.com

[houtheman]

Cliff Lerner is in my circle of friends and our businesses are in the same industry. I spoke with him once last year about a biz opp. I'll schmooze with him more so I can give you some inside insight as to the value of an investment in STVI.