Flexpower Inc. (FLXP)

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MonArc Corporation (MONA) to Issue 20c Cash Dividend

BEIJING, Oct 07, 2008 /PRNewswire-FirstCall via COMTEX/ -- MonArc Corporation,
http://www.monacorporation.com, (MONA.PK) after the market closed today,
announced that it will be distributing a 20 cent (twenty cent) per share dividend
to shareholders who have continuously held company stock since September 30,
2005.

The Company has allocated up to $250,000 to fund these dividends, which are
expected to be issued before the end of the fourth quarter this year.

Corporate Secretary Garr Winters advised, "We have consistently maintained that
we want long-term shareholders to be rewarded for their loyalty. This is in no
small way a concrete demonstration of this commitment. We feel that the stock is
trading well below its potential, and this is one manner for us to address the
issue. We are also advised that this dividend payout may temporarily rein in the
current short position we feel exists. Moving forward on a long term basis and
with our 15c211 documents virtually days away from being filed (which to those
unfamiliar with this process will bring us into compliance of being a solicited
issuer), may put a damper on these future activities.

"We are working with the transfer agent to work out the specific details of the
dividend such as the 'date of record' and the 'ex-dividend date' or 'ex-date.' We
will be announcing further details shortly."

This is 1 of 5 dividends the issuer intends to pay to its shareholders, in stock
and or cash on or before December 31, 2008.

Safe Harbour 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.

CONTACT: CONTACT: [e-mail], Tel: [phone], Investor
Relations

SOURCE MonArc Corporation (MONA)

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