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NEWS OUT!!! MonArc Corporation (MONA:PK) Finalizes Sale ITI Biotech Subsidiary (GLGT)

MONTREAL, July 28, 2009 /PRNewswire-FirstCall via COMTEX/ -- Mon Arc Corporation (www.monacorporation.com - MONA.PK is pleased to announce that it has closed its ITI Biotech International Inc. subsidiary with Global General Technologies, Inc. (GLGT:PK), a Nevada based public company (http://www.glgt-corporate.com). The acquisition was completed on an all-stock basis of GLGT common stock. The transaction was scheduled to close over 6 weeks ago however was delayed due to certain planned distributions to MONA shareholders which details and logistics are still being worked on by the new MONA management.

MonArc will now focus its energies on its recently acquired H T Processing Ltd., http://www.grainduster.com, and anticipates that it will appoint a new accounting firm to conduct audits of H T's financial statements in preparation for filing a Form 15c211 to become a solicited issuer. Previous attempts were thwarted due to the lack of an audit.

The company intends to carry on "business as usual" with filings of its current and recent unaudited quarterly statements shortly on www.PinkSheets.com plus to continue providing its shareholders and followers with regular and timely updates.

Safe Harbor Statement

Information in this press release or filing may contain statements about future expectations, plans, prospects or performance of MonArc Corporation that constitute forward-looking statements for purposes of the safe harbor Provision's under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. MonArc Corporation cautions you that any forward-looking information provided by or on behalf of MonArc Corporation is not a guarantee of future performance. None of the information in this press release or filing constitutes or is intended as an offer to sell securities or investment advice of any kind. MonArc Corporation's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond MonArc Corporation 's control. In addition to those discussed in MonArc Corporation's press releases, public filings, and statements by MonArc Corporation's management, including, but not limited to, MonArc Corporation's estimate of the sufficiency of its existing capital resources, MonArc Corporation's ability to raise additional capital to fund future operations, MonArc Corporation's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match MonArc Corporation's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. MonArc Corporation does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

CONTACT: For corporate matters contact: [e-mail]

CONTACT: For corporate matters contact: [e-mail]

SOURCE MonArc Corporation (MONA)