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Mobile Banking App Ideas Rewarded By Monster Offers In “Pitch That App!!!” Contest

Monster Offers (OTCBB: MONT), a leading mobile banking solutions company and Daily Deal aggregator, announced today its sponsorship of the “Pitch That App!!!” contest hosted by Iconosys. Monster Offers in conjunction with ZalaPay™ will award a $500 pre-paid ZalaPay card to the person who showcases the best mobile application idea that integrates mobile payments and mobile banking solutions.

The Pitch That App!!! event is scheduled for Aug. 17, 2011 at Dave and Busters in Irvine, Calif. at 6 p.m. and will provide entrepreneurs and other mobile application developers a platform for finding partners to assist in the financing, development and creative process involved in building what could be the next block-buster app.

Anyone can submit their idea for the best mobile payment or mobile banking solution by sending an email to Ideas@MonsterOffers.com; or by presenting in person to Monster Offers representatives at the Pitch That App!!! event. More information can be found on the Monster Offers Facebook page.

Monster Offers plans to release a full suite of mobile banking solutions later this year that include EZ-Pay Mobile Cashier, Zala pre-paid Visa debit card, person-to-person (P2P) mobile money sharing, deal wallet, redemption and merchant loyalty programs.

More information about the entire event can be found at http://www.PitchThatApp.com.

MONSTER OFFERS QUOTE“The growing popularity of mobile banking services makes this industry ideally suited for compelling new mobile app concepts. By sponsoring Iconosys’ ‘Pitch That App!!!’ event, Monster Offers can tap into fresh and innovative ideas to help further drive the adoption of mobile banking and payment services.”

- Paul Gain, Monster Offers CEO

About Iconosys, Inc.Iconosys, the maker of the world renowned 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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