MonArc (MONA) To Issue $ 3 - 5 Millions Dollars a New Class Of Dividends From Its...

MonArc (MONA) To Issue $ 3 - 5 Millions Dollars a New Class Of Dividends From
Its North American Operations Spin Off

BEIJING, Aug. 5 /PRNewswire-FirstCall/ - MonArc Corporation,
www.monacorporation.com, (Pink Sheets: MONA - News) Pp365 on line game
developer (Operating Subsidiary of MONA) is pleased to update its shareholders
and followers that it has reached a tentative agreement with a purchaser to
accept stock in lieu of cash for the sale of its North American division.
MONA CEO Mr.Yong said "This will be a 2nd dividend issued this year by us. The
purchaser is a USA based company in the business of direct mail marketing and
similar business. This deal has been in the works for quite some time, and the
proceeds will be split between those shareholders on record as of February 1
2008 and the current ones, with a pay date to be announced shortly. Ideally as
a growing company we are advised to retain these proceeds and grow our
business; however with the security laws in China and some existing agreements
already in force it was decided that the payout to our shareholders would be
the best route. We plan on making additional filings on this transaction on
Pink Sheets shortly"

About MonArc:

China based operating subsidiary, PP365.Com offers industry leading peer to
peer technology. PP365 mission is to deliver diverse media content to
consumers through its low cost website subscription system enabling them to
view the media content that they choose, whenever they would like to see it.
The company's cutting-edge technology peer to peer networking streams
full-screen media content, 3D games and Internet based games directly to
consumers, while implementing security measures to combat the threat of
piracy. Subscribing customers of PP365 service will have access to an
extensive library of quality full-screen movies and other programming without
the hassles of going to the video store or mailbox, nor the added expense of
late fees.

Safe Harbor Statement

Information in this press release may contain 'forward-looking statements'.
Statements describing objectives or goals or the Company's future plans are
also forward-looking statements and are subject to risks and uncertainties,
including the financial performance of the Company and market valuations of
its stock, which could cause actual results to differ materially from those
anticipated. Forward-looking statements in this news release are made pursuant
to the 'Safe Harbor' provisions of the United States Private Securities
Litigation Reform Act of 1995. Investors are cautioned that such
forward-looking statements involve risks and uncertainties, including, without
limitation, risks relating to the ability to close transactions being
contemplated, risks related to sales, continued acceptance of Mon Arc
Corporation's products, increased levels of competition, technological
changes, dependence on intellectual property rights and other risks detailed
from time to time in Mon Arc Corporation periodic reports filed with the
regulatory authorities.

CONTACT: corporate@monarccorporation.com, Tel: (702) 508-4172, Att: Ian
Bayley, or Mark Hamilton, Investor Relations

CONTACT: corporate@monarccorporation.com, Tel: (702) 508-4172, Att: Ian
Bayley, or Mark Hamilton, Investor Relations

SOURCE MonArc Corporation (MONA)

corporate@monarccorporation.com, Tel: (702) 508-4172, Att: Ian Bayley, or Mark
Hamilton, Investor Relations