Exhibit 99.1

FOR IMMEDIATE RELEASE

FriendFinder Networks Inc. REPORTS financial results for

SECOND Quarter 2013

Adjusted EBITDA Increased 8.9% from the Second Quarter of 2012 to $18.4 Million

Live Interactive Records 14^th Consecutive Quarter of Year-Over-Year Growth

Company Continues to Work on a Refinancing of its Debt

(Sunnyvale, CA – August 14, 2013) FriendFinder Networks Inc. (OTCQB: FFNT)(the “Company”), a leading internet and technology company providing services to the rapidly expanding markets of social networking and web-based video sharing, today announced financial results for the second quarter ended June 30, 2013.

“We continued to execute on our strategic plan to support our flagship brands and improve marketing efficiencies during the second quarter. By focusing on our top brands and reducing investments in lower margin affiliate and advertising activity, we have been able to improve our bottom line and reach higher quality users. These efforts, in part, helped increase EBITDA to $18.4 million during the quarter and attract a more valuable, long-term user that will allow us to build a strong core of recurring revenues going forward,” said Anthony Previte, Chief Executive Officer of FriendFinder Networks. “Additionally, our Live Interactive business continues its impressive streak and achieved its 14^th consecutive quarter of year-over-year revenue growth with an increase of 4.0% to $24.1 million.”

Mr. Previte continued, “In parallel to our efforts to improve operational efficiency, we continue to work with our advisors and lenders to refinance our long-term debt. We remain confident in our ability to achieve a successful resolution in this matter.”

“Finally, as we announced on August 7, 2013, following our delisting from the Nasdaq, we now trade on the OTCQB Marketplace under the ticker “FFNT”. We will continue to comply with all SEC reporting obligations under applicable securities laws,” concluded Mr. Previte.

Second Quarter Financial Results

Revenue for the second quarter of 2013 was $69.0 million. Quarterly revenue was negatively impacted by a decrease in affiliate based traffic resulting in lower internet revenue in part due to the Company’s strategic decision to eliminate lower margin co-brands and place a greater focus on its more profitable flagship brands.

Gross profit in the second quarter of 2013 was $46.8 million.

Income from operations for the second quarter of 2013 was $16.9 million.

Net loss for the second quarter of 2013 was ($10.3) million, or ($0.32) per share.

Adjusted EBITDA for the second quarter of 2013 was $18.4 million.

Balance Sheet, Cash and Debt

As of June 30, 2013, the Company had unrestricted cash and cash equivalents of $38.6 million, compared to $31.8 million at March 31, 2013. As of June 30, 2013, the Company had outstanding principal debt of $544.1 million. Free Cash Flow per Share was $0.27 for the second quarter ended June 30, 2013.

Non-GAAP Financial Measures

Management believes that certain non-GAAP financial measures of earnings before deducting net interest expense, income taxes, depreciation and amortization, or EBITDA, and Adjusted EBITDA are helpful financial measures as investors, analysts and others frequently use EBITDA and Adjusted EBITDA in the evaluation of other companies in FriendFinder Networks Inc.’s industry. For example, these measures eliminate one-time adjustments made for accounting purposes in connection with the Company’s Various acquisition in order to provide information that is directly comparable to its historical and current financial statements. For more information regarding the Company’s acquisition of Various, please refer to the section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Our History” in the Form 10-K for the year ended December 31, 2012.

These non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in FriendFinder Networks Inc.’s industry, as other companies in FriendFinder Networks Inc.’s industry may calculate such financial measures differently, particularly as it relates to nonrecurring, unusual items. The Company’s non-GAAP financial measures of EBITDA, Adjusted EBITDA and Free Cash Flow per Common Share are not measurements of financial performance under GAAP and should not be considered as alternatives to cash flow from operating activities or as measures of liquidity or as alternatives to net income or as indications of operating performance or any other measure of performance derived in accordance with GAAP.

Management derived EBITDA and Adjusted EBITDA for the three months and six months ended June 30, 2013 and 2012 using the adjustments shown in the attached reconciliation table. Free Cash Flow per Common Share was derived by subtracting capital expenditures and cash interest from Adjusted EBITDA and dividing the result by the weighted average shares outstanding for the period.

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, including its Form 10-K for the year ended December 31, 2012. All subsequent written and oral forward-looking statements concerning the Company are expressly qualified in their entirety by the cautionary statements above and subject to such risk factors discussed in the Company’s recent SEC filings. 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.

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.

Investor Contact for FriendFinder Networks Inc.

Jeffrey Goldberger / Rob Fink

KCSA Strategic Communications

212.896.1249 / 212.896.1206 or / rfink@kcsa.com

Media Contact for FriendFinder Networks Inc.

Lindsay Trivento

Director, Corporate Communications

561.912.7010 or ltrivento@ffn.com

# # #

FRIENDFINDER NETWORKS INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(IN THOUSANDS, EXCEPT SHARE AND PER SHARE DATA)

	June 30, 2013 Unaudited			December 31, 2012
ASSETS
Current assets:
Cash	$	38,633		$	16,839
Restricted cash		8,977			10,064
Accounts receivable, less allowance for doubtful accounts of $992 and $1,284, respectively		8,621			12,323
Inventories		537			763
Prepaid expenses		3,969			3,436
Deferred tax asset		1,844			1,844
Total current assets		62,581			45,269
Film costs, net		3,217			3,627
Property and equipment, net		4,461			5,120
Goodwill		328,061			328,061
Domain names		56,614			56,614
Trademarks		5,643			5,643
Other intangible assets, net		160			330
Unamortized debt costs, net		2,997			6,179
Other assets		1,567			1,310
	$	465,301		$	452,153
LIABILITIES
Current liabilities:
Long-term debt in default, which matures on September 30, 2013 and April 30, 2014, net of unamortized discount of $13,214 and $20,851, respectively		530,900			500,920
Accounts payable		4,057			5,040
Accrued expenses and other liabilities		69,669			62,227
Deferred revenue		31,702			34,741
Total current liabilities		636,328			602,928
Deferred tax liability		25,639			25,639
Total liabilities		661,967			628,567
Contingencies (Note 14)

STOCKHOLDERS’ DEFICIENCY
Preferred stock, $0.001 par value — authorized 22,500,000 shares; issued and outstanding no shares in 2013 and 2012		—			—
Common stock, $0.001 par value — authorized 125,000,000 shares
Common stock voting — authorized 112,500,000 shares, issued and outstanding 32,827,761 shares at June 30, 2013 and 32,572,761 shares at December 31, 2012		33			32
Series B common stock non-voting – authorized 12,500,000 shares, issued and outstanding no shares in 2013 and 2012
Capital in excess of par value		135,221			134,759
Accumulated deficit		(331,920	)		(311,205	)
Total stockholders’ deficiency		(196,666	)		(176,414	)
	$	465,301		$	452,153

FRIENDFINDER NETWORKS INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(IN THOUSANDS, EXCEPT PER SHARE DATA)

(UNAUDITED)

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Net revenue
Service	$	64,101		$	76,177		$	131,524		$	152,021
Product		4,866			4,908			9,842			10,068
Total		68,967			81,085			141,366			162,089
Cost of revenue
Service		19,296			24,187			40,376			52,763
Product		2,896			3,901			6,305			7,950
Total		22,192			28,088			46,681			60,713
Gross profit		46,775			52,997			94,685			101,376
Operating expenses:
Product development		2,347			3,955			4,627			8,301
Selling and marketing		7,279			9,559			14,501			18,656
General and administrative		19,439			22,131			41,323			44,314
Amortization of acquired intangibles and software		84			3,633			170			7,413
Depreciation and other amortization		771			794			1,471			1,561
Total operating expenses		29,920			40,072			62,092			80,245
Income from operations		16,855			12,925			32,593			21,131
Interest expense		(27,021	)		(21,259	)		(53,442	)		(42,148	)
Other finance expenses		−			−			−			(500	)
Interest related to VAT liability not charged to customers		(62	)		(370	)		(293	)		(742	)
Foreign exchange (loss) gain, including amounts related to VAT liability not charged to customers		(283	)		1,883			241			1,001
Change in fair value of acquisition related contingent consideration		−			18			−			1,400
Other non-operating expenses net		(3	)		(642	)		(4	)		(654	)
Loss from continuing operations	$	(10,514	)	$	(7,445	)	$	(20,905	)	$	(20,512	)
Income (loss) from discontinued operations		190			(3,090	)		190			(11,545	)
Net loss	$	(10,324	)	$	(10,535	)	$	(20,715	)	$	(32,057	)
Loss per common share — basic and diluted:
Continuing operations	$	(0.33	)	$	(0.24	)	$	(0.66	)	$	(0.65	)
Discontinued operations		0.01			(0.10	)		0.01			(0.37	)
Net loss	$	(0.32	)	$	(0.34	)	$	(0.65	)	$	(1.02	)
Weighted average shares outstanding — basic and diluted:		31,942			31,505			31,879			31,505

Reconciliation of GAAP Net Loss to EBITDA and Adjusted EBITDA

	Unaudited
	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
	(in thousands)
GAAP net loss	$	(10,324	)	$	(10,535	)	$	(20,715	)	$	(32,057	)
Add: Interest expense		27,021			21,259			53,442			42,148
Add: Other finance expenses		—			—			—			500
Add: Amortization of acquired intangible assets and software		84			3,633			170			7,413
Add: Depreciation and other amortization		771			794			1,471			1,561
EBITDA	$	17,552		$	15,151		$	34,368		$	19,565
Subtract/Add: (Gain)/Loss related to VAT liability not charged to customers		345			(1,513	)		52			(259	)
Add: Severance Expense		14			3			37			427
Subtract/Add: Discontinued Operations		(190	)		3,090			(190	)		11,545
Add: Stock Compensation Expense		226			234			463			456
Subtract: Change in fair value of acquisition related contingent consideration		—			(18	)		—			(1,400	)
Add: Write off of Brazil related receivables		440			—			1,576			—
Adjusted EBITDA	$	18,387		$	16,947		$	36,306		$	30,334

Internet Segment Historical Operating Data

The following table presents certain key business metrics for our adult websites, general audience websites and live interactive video websites for the three and six months ended June 30, 2012 and 2013.

	Three Months						Six Months
	Ended June 30,						Ended June 30,
	2013			2012			2013			2012
Adult Websites
New members		6,708,721			8,696,463			13,492,230			18,204,140
Beginning subscribers		704,185			840,984			724,445			827,728
New subscribers		334,526			393,263			675,163			827,306
Terminations		387,510			439,567			748,407			860,354
Ending subscribers		651,201			794,680			651,201			794,680
Conversion of members to subscribers		5.0	%		4.5	%		5.0	%		4.5	%
Churn		19.1	%		17.9	%		18.1	%		17.7	%
ARPU	$	18.94		$	20.61		$	19.68		$	20.93
CPGA	$	40.34		$	46.57		$	41.88		$	49.22
Average lifetime net revenue per subscriber	$	59.04		$	68.46		$	66.64		$	69.19
Net revenue (in millions)	$	38.5		$	50.6		$	81.2		$	101.9
Affiliate commission expense (in millions)	$	9.2		$	14.1		$	20.0		$	31.9
Ad buy expense (in millions)	$	4.3		$	4.9		$	8.3		$	9.6
Subscriber acquisition costs (in millions)	$	13.5		$	18.9		$	28.3		$	41.5

General Audience Websites
New members		850,304			1,095,069			1,794,260			2,122,401
Beginning subscribers		31,156			43,275			33,137			44,519
New subscribers		11,241			22,730			24,858			46,778
Terminations		14,233			27,394			29,831			52,686
Ending subscribers		28,164			38,611			28,164			38,611
Conversion of members to subscribers		1.3	%		2.1	%		1.4	%		2.2	%
Churn		16.0	%		22.3	%		19.9	%		21.1	%
ARPU	$	12.14		$	15.11		$	13.12		$	15.58
CPGA	$	26.92		$	54.83		$	27.7		$	47.19
Average lifetime net revenue per subscriber	$	49		$	12.91		$	38.31		$	26.54
Net revenue (in millions)	$	1.1		$	1.9		$	2.2		$	3.9
Affiliate commission expense (in millions)	$	0.2		$	0.2			0.4			0.6
Ad buy expense (in millions)	$	0.1		$	1.1			0.3			1.6
Subscriber acquisition costs (in millions)	$	0.3		$	1.2			0.7			2.2

Live Interactive Video Websites
Total minutes		8,620,464			9,451,332			17,423,772			18,904,146
Average revenue per minute	$	2.79		$	2.45		$	2.74		$	2.39
Net revenue (in millions)	$	24.1		$	23.2		$	47.7		$	45.1

FriendFinder Networks Inc. 8-K