Monster Offers (OTCBB: MONT), a leading mobile banking solutions company and Daily Deal aggregator, announced today its family of mobile payment solutions will be bundled with the popular new mobile phone application, My Max Speed™. A speed monitoring application to encourage safe driving and protect consumer rights, My Max Speed is experiencing a record number of downloads as users can keep tabs on their teenagers’ driving speed in addition to confirming in an instant their own rate of speed if pulled over for a citation, among its many other features.
Through a partnership with Iconosys, Monster Offers is providing free downloads of Monster Offers’ “One-Click” Payment Processing, Pre-Paid Debit Card, P2P Mobile Money and Daily Deal eWallet to My Max Speed application users. The planned integration is expected to be complete by July 2011.
MONSTER OFFERS QUOTE
“Bundling our Monster Offers mobile banking solutions with My Max Speed, one of the hottest new mobile phone applications, is a key distribution strategy to quickly connect with smart-phone-savvy consumers. By partnering with Iconosys, our mobile banking technology will be introduced to mobile users quickly and with no effort from customers.”- Paul Gain, Monster Offers CEO About Iconosys, Inc. Iconosys, the maker of the world renown DriveReply™, Trick or Tracker™, and Tell My Geo™ is developing a series of “first of kind“ technologies and technology driven products designed to enrich, enhance, and make safer our daily lives. Iconosys has developed and owns nearly 600 Smart Device retail grade apps, which it classifies under 1 of 4 categories -- Safety Apps, Lifestyle Apps, Celebration Apps, and Arcade/Fun Apps. About Monster Offers: Monster Offers is a leading mobile banking solutions company and Daily Deal aggregator, collecting daily deals from multiple sites in local communities across the U.S. and Canada. Focused on providing innovation and utility for Daily Deal consumers and providers, the company collects and publishes thousands of daily deals and allows consumers to organize these deals by geography or product categories, or to personalize the results using keyword search. The company will introduce new mobile technology in 2011 to address unmet category needs in areas such as loyalty, rewards, payment processing, merchant services, and a Daily Deal eWallet. Monster Offers recently launched its Hyper-Local Daily Deal Reporting Program, designed to help providers improve the revenue and profits of local and regional Daily Deal programs. More information can be found by visiting http://www.monsteroffers.com. Any statements contained in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including, but not limited to, the risks associated with the management appointment described in this press release, and other risks identified in the filings by Monster Offers (MONT), with the Securities and Exchange Commission. Further information on risks faced by MONT are detailed in the Form 10-K for the year ended December 31, 2010, and in its subsequent Quarterly Reports on Form 10-Q. These filings are or will become available on a website maintained by the Securities and Exchange Commission at http://www.sec.gov. The information contained in this press release is accurate as of the date indicated. Actual results, events or performance may differ materially. Monster Offers does not undertake any obligation to publicly release the result of any revision to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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