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forbes.com on MONA

BEIJING, July 15 /PRNewswire-FirstCall/ - MonArc Corporation 6:30 AM EST, www.monacorporation.com (Pink Sheets: MONA). The issuer has began a formal due diligence process of the reverse takeover of a Chinese Based broadband ISP provider on an all cash basis.

Beijing Innotrek Technology CO, Ltd is a high technology company offering broadband technology according to requirements of ISO 9000 with proprietary technologies to hotels in mainland China. These hotels being targeted are usually 3 or 4 star hotels that wish to offer their clients Internet Broadband access similar to those offered in other 5 star hotels. Innotreck currently has 40 clients (Hotels) in the Beijing China hotel zone.

The issuer has filed Innotreck business plans with Pink Sheets to allow MONA shareholders to follow the process and understand the targeted merger company business model, ahead of the actual event.

Assuming the due diligence passes the MONA management expectations, the issuer should be in a position to close the transaction within the next 30 days.

The common shares of the Company are currently listed in the USA (symbol MONA) and the Frankfurt Stock Exchange. (Xe:GZWM)

CONTACT: www.minamargroup.com/helpdesk Safe Harbour Statement Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.

SOURCE MonArc Corporation (MONA)

http://www.forbes.com/prnewswire/feeds/prnewswire/2008/07/15/prnewswire200807150630PR_NEWS_USPR_____TO441.html