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FriendFinder Networks Inc. Files Amended Registration Statement for Proposed Initial Public Offering


News provided by

FriendFinder Networks Inc.

Mar 17, 2011, 08:30 ET

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BOCA RATON, Fla., March 17, 2011 /PRNewswire/ -- FriendFinder Networks Inc. (the "Company") today announced that it has filed an amendment to the Registration Statement on Form S-1 with the Securities and Exchange Commission in connection with the re-launch of its proposed initial public offering of common stock.

The Company intends to use the net proceeds of the public offering to repay a portion of its existing indebtedness.

Imperial Capital, LLC and Ladenburg Thalmann & Co. Inc. are serving as joint bookrunners for the offering.  The public offering will be made only by means of a prospectus which, when available, may be obtained by writing or calling the prospectus department at Imperial Capital, LLC, Prospectus Department, 2000 Avenue of the Stars, 9th Floor, South Tower, Los Angeles, CA 90067 or Ladenburg Thalmann & Co. Inc., 520 Madison Avenue, 9th Floor, New York, New York 10022.

A registration statement relating to the proposed sale of these securities has been filed with the Securities and Exchange Commission ("SEC") but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

ABOUT FRIENDFINDER NETWORKS INC.

FriendFinder Networks Inc. (www.FFN.com) is an internet-based social networking and technology company operating several of the most heavily visited websites in the world, including AdultFriendFinder.com, Amigos.com, AsiaFriendFinder.com, Cams.com, FriendFinder.com, BigChurch.com and SeniorFriendFinder.com. FriendFinder Networks Inc. also produces and distributes original pictorial and video content and engages in brand licensing.

SAFE HARBOR

This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995.  Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward looking statements as predictions of future events.  Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements.  These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

Additional information concerning these and other risk factors is contained in the Company's most recent filings with the SEC.  All subsequent written and oral forward-looking statements concerning the Company are expressly qualified in their entirety by the cautionary statements above.  The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.  The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based.

SOURCE FriendFinder Networks Inc.

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