SNAP Interactive Reports Q2 2008 Financial Results

Market Wire, August, 2008

SNAP Interactive, Inc. (OTCBB: STVI) is pleased to report revenue of $533,257 for the quarter ending June 30, 2008. Net income for the second quarter was $144,862 which represented earnings per share of $0.01. This marked the fourth consecutive quarterly revenue gain for the company and the second consecutive quarter in which the company has generated net income.

"We're excited to be able to demonstrate a level of financial consistency," said SNAP Interactive CEO Clifford Lerner. "We look forward to introducing new and exciting features on our dating applications in the coming months as we continue to execute our business plan," added Lerner.

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 15 million installations, and has also launched dating applications on Myspace Developer Platform & Hi5 Developer Platform. Our applications are called 'Are You Interested,' 'Meet New People,' and 'Flirt With Me.' SNAP also owns a free online dating site called IamFreeTonight.com.

For more information visit http://www.snap-interactive.com .

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 .

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Contact: Clifford Lerner Email Contact 516-942-2030