Meetro Acquires Friendster

April 03, 2006 (PRLEAP.COM) Technology News
San Francisco, Calif. - April 3, 2006 – Meetro, the world leader in Instant Messaging software announced today it has entered into an agreement to acquire Friendster, one of many social software sites for keeping in touch with friends and hooking up with new people.

Financial terms of the deal were not disclosed.

"We're excited to be acquiring Friendster because we can leverage their web 2.0 technology," said Paul Bragiel, CEO of Meetro. "This acquisition gives Meetro another brand name in its warchest, similar to Infogrames purchasing Atari a few years back."

Friendster will provide Meetro users the ability to see who's looked at their profile to encourage a greater number of 'random hookups' without the need for alcohol. Leveraging Meetro's location-based technology will allow users to see other members in 'real-life' and avoid a common photo profile pitfall known as “the angles.”

Bragiel finally remarks, "If you're still reading this and believe this, then you aren't good at spotting April Fool's jokes."

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About Meetro
Meetro is a location-aware Instant Messenger turning traditional IM on it's side. It's photo and profile driven around your location, designed to facilitate real-time meetings with people locally. Meetro bridges the gap between traditional instant messengers and the next-generation local meeting place. Meetro works with AIM, Yahoo, MSN, and ICQ protocols.

About Friendster
Friendster is the leading social site for keeping in touch with friends, and meeting new people. Friendster is a privately-held company based in San Francisco, California, backed by the venture firm Kleiner Perkins Caufield & Byers.