SAN DIEGO, May 23, 2012 /PRNewswire/ -- Monster Offers (OTCBB: MONTD), a leading Daily Deal analytics provider and aggregator, today announced that it will relocate its offices to Laguna Niguel, CA.
As previously announced in a press release dated May 9, 2012, Monster Offers announced that it intends to merge with Ad Shark, Inc. ("adShark"), subsequent to the distribution by Iconosys of its ownership stake in adShark to Iconosys shareholders.
Effective June 4, 2012, the Company's new corporate address will be 27665 Forbes Road, Laguna Niguel, CA 92677, where it will be co-located with both adShark and Iconosys, in connection with, and in anticipation of, consummation of the contemplated Monster Offers/adShark merger.
Both Monster Offers and adShark are in the business of delivering targeted mobile advertising services and marketing programs, and in advance of the merger's completion, the companies will continue to maintain their existing strategic alliance. In addition, the merged entity will maintain adShark's pre-existing licensing and other contractual relationships with Iconosys, which are instrumental critical components of adShark's mobile development initiatives and foundational app-related technologies.
About Monster Offers™
Monster Offers is a leading Daily Deal analytics provider and 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. More information can be found by visiting the company's websites located at monsteroffers.com and at monsterdailydeals.com.
adShark organizes advertising sales efforts by constructing a robust media and advertising delivery system. adShark's mission is to capitalize on the explosive growth of the mobile marketing industry, which some analysts have estimated to be increasing at an annual rate of about 100% per year and which by some estimates now represent nearly 30 Billion Dollars in worldwide annual revenues.
adShark's innovative approach to integrating traditional internet advertising with optimized media and cutting edge ad delivery methods, all tailored specifically for the applicable Smart device, OS or screen resolution platform makes the company "a player to be reckoned with" in the very competitive pool for mobile marketing services and products. For more on adShark™, see the company's website located at www.adshark.mobi.
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 U. S. Securities and Exchange Commission. Further information on risks faced by MONT are detailed in the Form 10-K for the year ended December 31, 2011, and in its subsequent Quarterly Reports on Form 10-Q. These filings are or will become available on a website maintained by the U. S. 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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SOURCE Monster Offers