Monster Offers One-Click Mobile Payment Solution To Be Distributed On More Than 500 Popular Mobile Phone Applications Through Agreement With Iconosys

Monster Offers (OTCBB: MONT), a leading mobile banking solutions company and Daily Deal aggregator, has entered into an agreement with Iconosys, Inc., a leader in mobile communication application design and related products and services, to integrate the Monster Offers one-click mobile payment solutions with more than 500 popular mobile phone applications like DealBuzzer™, DriveReply™, Trick or Tracker™, and Tell My Geo™. Through its collaboration with Iconosys, Monster Offers will be able to offer its mobile payment solutions through the current and future Iconosys distribution network of mobile phone application users.

Also under the agreement, Monster Offers and Iconosys will work on future joint development of applications for mobile one-click payments and Daily Deal-related technologies. The Monster Offers family of mobile payment solutions includes“One-Click” Payment Processing, Pre-Paid Debit Card, P2P Mobile Money, Daily Deal eWallet, Redemption, Loyalty Rewards, and Merchant Services. The planned integration is expected to be complete by July 2011.

SOCIAL MEDIA-DRIVEN DEALS BY DEALBUZZER

The Iconosys DealBuzzer™ mobile application will be among the first to benefit from Monster Offers’ one-click payment solution. Designed specifically for small business owners, entrepreneurs and the self-employed, DealBuzzer™ serves as a platform for powerfully leveraging social networking tools to promote daily deals. Through the pervasive use of social networking sites like Facebook and Twitter, businesses can now post their special deals on a real-time basis.

MONSTER OFFERS MAKES DEALS EASY-TO-BUY

Monster Offers provides a convenient, online one-click and mobile payment solution serving the Daily Deal industry, which allows users to easily purchase and track deals on multiple platforms including iPhone, Android, Blackberry, and Nokia.

ICONOSYS QUOTE

"The integration of Monster Offers payment solutions with the more than 500 mobile applications from Iconosys will significantly improve the mobile purchasing experience by making transactions quicker and easier to process from a user’s mobile phone. By aligning the capabilities of Iconosys applications with the mobile payment solutions offered by Monster Offers, businesses can combine the massive reach of social networking sites with the growing popularity of such mobile marketing innovations as the Daily Deals.”

- Wayne Irving, Iconosys CEO

MONSTER OFFERS QUOTE

Monster Offers is aggressively expanding the distribution of our payment and redemption technology, and Iconosys is an ideal partner with its broad reach into the mobile phone applications marketplace. Iconosys’ popular mobile apps, like Tell My Geo™, My Receipt Manager™, DriveReply™, Trick or Tracker™ child safety locator, BlackFlyday™ and AllIWantFromSanta™, represent significant distribution avenues to introduce our solutions to mobile users quickly and effectively. Monster Offers is focused on making it easier for customers to try and use our one-click mobile payment solutions, and we think this agreement is a big step in the right direction.”

- 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.

Copyright Business Wire 2010

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