SAN DIEGO, April 11, 2012 -- Monster Offers (OTCBB: MONTD), a leading Daily Deal analytics provider and aggregator, today demonstrated its continued commitment to the daily deal industry with the release of a new daily deal mobile app called Monster Daily Deals(TM) that provides users with quick and easy access to local deals by category and GPS location.
The Monster Daily Deals app, a collaborative effort with leading app developer and marketing partner, Iconosys, provides a simple interface where users can quickly spin through categories to search the Monster Offers database of thousands of local daily deals including Groupon, Living Social, Yelp, and many other popular local daily deal providers - all from their Android Smartphone.
This new app is available now and can be downloaded from many sources including the Android Google Play market, the www.monsterdailydeals.com website, the App Hysteria Store, GetJar, and soon from the Amazon App Store. An iPhone version of the app is in development with an anticipated release in early July, 2012.
In recent years, the daily deal industry has swelled to thousands of companies offering such promotions, from Groupon and Living Social to Amazon and Ebay; even national and local radio, television, and newspaper media companies have jumped on this new business wave as a fantastic source of growth and revenue, while gaining access to new customers. The concept, popularized initially by Groupon, has emerged as a significant driver of new business for companies offering their products and services to the general public.
Last June, Inc. Magazine reported that for 2011, sites offering Daily Deals were expected to generate $3 billion in revenues, and that, according to a BIA/Kelsey estimate, this revenue number should reach $4 billion by 2015. And it also appears that consumers who would like to participate in these promotions are still leaving a lot of money on the table.
According to one September 2011 estimate, approximately $577 million in Daily Deals (or 22%) that are in fact purchased go unredeemed. This suggests that consumers still need help to target and nail down the deals that are best for them, and this is precisely where the Monster Daily Deals(TM) App can save the day! See 9/21/11 article at Read Write Web
MONSTER OFFERS QUOTE
"Our product roadmap includes several mobile initiatives. This release signifies the first in a series of many exciting daily deal aggregation apps to be released over the next few months in conjunction with website and branding upgrades. With the Monster Daily Deals app, users can set deal categories and filters, find and map deals, and access thousands of local deals and discounts from all sorts of providers, all in one convenient place."
Paul Gain, Monster Offers CEO
"We are very excited about this first product release with our partners at Monster Offers. This great new technology is also going to be implemented as quickly as we can into our network of thousands of apps and millions of users."
Wayne Irving, Iconosys CEO
About Iconosys, Inc.
Iconosys, a member of the National Organization for Youth Safety (NOYS), and the maker of the widely used and well publicized Word Bully(TM), Guard's Up!(TM), LatchKey Kid(TM), and My Max Speed(TM) Smartphone apps, is developing technologies and technology driven products for its clients with a goal toward designing apps that enrich, enhance, and ultimately make safer, our day to day lives. And now, our apps also can help you save money!!!
Iconosys develops apps and technologies for iOS and Android OS Smartphones and tablet computers. See a cross section of some of Iconosys' catalog of more than 1000 Smart device apps from your Smartphone browser: http://apps.iconosys.com, and from your computer browser: http://iconosys.com/product.php.
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 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.
CONTACTS FOR MONSTER OFFERS
SOURCE Monster Offers