Quepasa Corporation to Enter Into a Partnership With BRC Group

Largest adult Hispanic grassroots soccer program in the U.S. to partner with
Quepasa

SCOTTSDALE, Ariz., Jan. 15 /PRNewswire-FirstCall/ -- Quepasa Corporation
(Nasdaq: QPSA), one of the world's largest, bicultural, Latino online
communities, today announced that it is working towards entering into an
agreement with BRC Group to become the official social networking provider for
La Alianza de Futbol Hispano, a BRC Group property and leading national
organization dedicated to supporting and developing amateur Hispanic soccer in
the United States. As part of the agreement, Quepasa would create and host an
on-line community for Alianza members, players, fans and coaches across the
United States.
Quepasa Corporation will advance BRC Group $300,000 under a Note Payable,
with the understanding that the parties will work towards entering into an
agreement establishing the parties' relationship within the next 30 days and,
at such time, Quepasa Corporation would provide an additional $300,000 payable
over six months. Upon consummation of the partnership, Quepasa Corporation
will create a La Alianza community within their quepasa.com website.
Quepasa.com will also host all of the La Alianza de Futbol Hispano tournament
information and will integrate La Alianza participants into the quepasa.com
social network. In return, Quepasa will receive an official sponsorship for
the La Alianza de Futbol Hispano 2008 tournament which includes: radio and
print advertising, signage at the venues, event tickets, and hospitality. The
Alianza participants will be able to upload pictures and video footage from
their matches, and share their tournament experiences with other Alianza
players and potentially stream events through the community web site. This
partnership will immediately bring Quepasa access to over 300,000 Hispanic
soccer players, families, fans and coaches across the United States. The 2007
Alianza season concludes this week with a championship match televised by Fox
Sports en Espanol on January 20th, 2008 at 7pm EST.
Founded in 2002, the BRC Group is an event marketing and sales group,
headed by Richard Copeland and Brad Rothenberg. BRC Group has produced more
than 400 event days of Hispanic soccer, which have been attended by more than
1 million consumers. Over the past three years, they have been focused on
developing Copa Alianza (http://www.alianzadefutbol.net) into the most
prestigious Hispanic amateur soccer tournament in the United States. Copa
Alianza brings together and showcases the talents of Hispanic amateur players
nationwide through its sponsored local, regional and national tournaments.
Alianza and its corporate partners reach out to a growing community of
hundreds of thousands of Latino soccer players and their families.
"Quepasa is excited about the potential of the BRC Group relationship," said
John C. Abbott, Chief Executive Officer of Quepasa. "Soccer resonates within
the Hispanic community and we believe that the quepasa.com social network is
the perfect platform to bring La Alianza participants together online."
"We are excited to bring our Alianza de Futbol Hispano property to the
internet with Quepasa in order to strengthen our relationship and offerings to
the Hispanic soccer community around the United States. Quepasa is the
perfect partner to help us accomplish these goals," said Richard Copeland,
co-founder of BRC Group.
About Quepasa Corporation
Quepasa Corporation (Nasdaq: QPSA), headquartered in Scottsdale, Arizona
(with offices in New York, Miami and Mexico), owns Quepasa.com, one of the
world's largest, bicultural, Latino online communities committed to providing
entertaining, enriching, and empowering products and services. The web site
serves its users in the U.S. and Latin America in both Spanish and English.
Safe Harbor/Forward-Looking Statements of Quepasa Corporation
Statements in this press release that refer to plans and expectations for
the future are forward-looking statements that involve a number of risks and
uncertainties. A number of factors could cause future results to differ
materially from historical results, or from results or outcomes currently
expected or sought by the Company. In addition to the Risk Factors described
in Item 1 of the Company's Form 10-KSB, as amended, for the fiscal year ended
December 31, 2006, these factors include, but are not limited to, benefits of
a relationship with BRC Group; the reaction of users and customers of Quepasa
and BRC Group to the relationship; our current level of indebtedness and our
ability to incur future debt; the possibility of liability for information
displayed or accessed via the Company's Web site and for other
commerce-related activities; competition in the operation of Web sites and in
the provision of information retrieval services; changing laws, rules, and
regulations; potential liability for breaches of security on the Internet;
dependence on third party databases and computer systems; competition from
traditional media companies; new technologies that could block the Company's
ability to advertise; and, with respect to the matters described in this press
release, the success of the Company's senior management team.
Contact:
Mike Matte, Chief Financial Officer
Quepasa Corporation
(480) 348-2665

SOURCE Quepasa Corporation

Mike Matte, Chief Financial Officer of Quepasa Corporation, +1-480-348-2665