BUENOS AIRES, Argentina, Feb. 14, 2012 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq:MELI) (http://www.mercadolibre.com) today announced that the Company is scheduled to participate at the Morgan Stanley Technology, Media & Telecom Conference on February 29, 2012 at 2:10 p.m Pacific Time.

Marcos Galperin, founder, president and chief executive officer of MercadoLibre and Pedro Arnt, chief financial officer will answer questions from analysts and investors.

A live webcast of the presentation can be accessed via the Company's website at http://investor.mercadolibre.com under the Events & Presentations section.

About MercadoLibre

MercadoLibre.com is the leading internet trading platform in Latin America where millions of users meet to buy and sell a wide range of goods and services in an easy, entertaining, secure and efficient way. MercadoLibre has operations in 13 countries including Argentina, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Mexico, Panama, Peru, Uruguay, Venezuela and Portugal. MercadoLibre.com is the leading e-commerce platform in Latin America based on unique visitors and page views during 2011.

For more information about MercadoLibre.com, visit: http://investor.mercadolibre.com

The MercadoLibre, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4193

CONTACT: Investor Relations Contact:
         Alejandro de Aboitiz
         investor@mercadolibre.com
         http://investor.mercadolibre.com
         
         Media Relations Contact:
         Valeria Bazzi
         valeria.bazzi@mercadolibre.com