Snap Interactive, Inc. (OTCBB: STVI) said its subscription transactions increased 44 percent in the first quarter of 2014 compared with the prior year´s quarter and 30 percent over the prior quarter.
Active subscriber count has increased 16 percent so far in 2014; and AYI.com active subscriber count at the end March of 2014 was approximately 90,000 subscribers, the highest count since March 2013.
SNAP´s chief executive officer, Clifford Lerner, said, “The first quarter of 2014 was AYI.com´s strongest quarter in terms of growth in active subscribers in quite a long time. We are proud of our 16 percent growth in our active subscriber base during the quarter. We´ve been able to grow our subscriber count since December 2013 and look forward to continuing to increase the number of our active subscribers.”
Snap Interactive, Inc. develops, owns and operates a social dating application for social networking websites and mobile platforms. SNAP´s flagship brand, AYI.com is one of the largest social and mobile dating applications on the Internet. Its website is at http://www.snap-interactive.com/, its online dating blog at http://www.ayi.com/dating-blog, on Facebook at facebook.com/SnapInteractiveInc and on Twitter at @SNAPInteractive.