Monaker Group Announces Strategic Partnership with UBid.com

WESTON, FL / ACCESSWIRE / July 14, 2015 / Monaker Group, Inc. (the “Company”) or (“Monaker”) (OTCQB: NXOID) (OTCQB: NXOI) (OTCQB: MKGI), a digital marketing company focused on the consumer in the Travel, Home and Employment sectors, announced today the formation of a strategic partnership and agreement with UBid Holdings, Inc. (“UBid”) or (“UBid.com”) to supply a comprehensive cross section of travel products and services for the widely recognized go-to online UBid.com marketplace. Through this strategic partnership, travel offerings from Monaker’s wholly owned travel companies will be listed and offered on the UBid.com website and be actively promoted by UBid to its roughly 6 million strong users/customer base.

Monaker Group owns Nexttrip.com, a wholly owned subsidiary offering affordable destination packages to consumers, and Maupintour, the oldest luxury tour company in the United States having a 65 year history creating and booking tours and activity-focused trips serving thousands of travel agents around the globe. Both companies serve the entire travel spectrum with seller travel licenses. In addition to basic travel packages, Monaker will utilizes its travel companies, relationships, licenses and extensive travel video library to both inform and deliver exclusive travel offerings tailor-made for UBid’s customer base and employees.

Further to the travel exposure on UBid.com’s website, UBid has agreed to utilize its significant data base to selectively target travel products to knowingly interested consumers through their social media communities and targeted email lists that should reach over 200,000 customers daily. As well, Monaker will provide weekly offerings through its recently announced Video Tour Guide to enhance these promotions.

Commenting on the new strategic partnership, Mr. Ketan Thakker UBid’s CEO stated, “We are very excited for the opportunity to be partnering with Monaker Group, Inc. and providing our dedicated customer base an excellent array of travel offerings on our site. We believe Monaker Group, Inc.’s travel offerings are the top travel offerings in the world. By providing tiered travel options and packages, UBid will be able to provide the best travel solutions for our diverse customer base. We look forward to our successful partnership with Monaker Group, Inc. and being able to provide our customers with the best products and service.”

Mr. Bill Kerby, Monaker Chairman and CEO commented, “We are very pleased to partner with Ubid.com and gain access to their deep technology, platform, loyal customer base and significant reach. We see this is a strategic win-win relationship that should expand travel sales for both companies benefit, as well as open the door to new opportunities for other Monaker related products and services with UBid.”

About UBid.com:

Since launching in 1997, UBid.com has been recognized as the go-to online marketplace for new, overstock, closeout and recertified products in more than 25 categories, including Fine Art, Collectibles, Jewelry, Travel and Electronics. We specializes in offering the best deals on popular items and services through discounted offers, including “Deals of the Day,” “Mega” auction listings, fixed-price options, and deals on our sister site, RedTag.com. For the more than six million members using UBid to find affordable items from top brand names and for more than 15 years, we have built lasting relationships with top product/service manufacturers to secure quality products and offerings for our dedicated customers. At UBid, we believe that no matter what business you’re in, it is about the people. Our ultimate goal is to build a company that provides essential value to everyone involved.

About Monaker Group:

Monaker Group is a digital media marketing company focusing on lifestyle enrichment for consumers in the Travel, Home and Employment sectors. Core to its marketing services are key elements including proprietary video-centered technology and established partnerships that enhance its reach. Video is quickly becoming consumers preferred method of searching and educating themselves prior to purchases. Monaker’s video creation technology and film libraries combine to create lifestyle video offerings that can be shared both to its customers and through “trusted distribution systems” of its major partners. The end result is better engagement with consumers who gain in-depth information on related products and services helping to both inform and fulfill purchases. Unlike traditional marketing companies that simply charge for advertising creation, Monaker holds licenses and/or expertise in the travel, real estate and employment sectors allowing it to capture fees at the point of purchase while the majority of transactions are handled by Monaker’s partners. This should allow the company to capture greater revenues while eliminating much of the typical overhead associated with fulfillment. Monaker Group’s core holdings include Maupintour, NameYourFee.com and RealBiz Media Group helping it to deliver marketing solutions to consumers at home, work and play.

Safe Harbor Statement:

This press release contains forward-looking statements that involve risks and uncertainties concerning the plans and expectations of Monaker Group, Inc. These statements are only predictions and actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties, some of which are out of our control. The potential risks and uncertainties include, among others, or the expectations of future growth may not be realized. These forward-looking statements are made only as of the date hereof, and Monaker Group, Inc. undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. All forward looking statements are expressly qualified in their entirety by the “Risk Factors” and other cautionary statements included in Monaker Group, Inc.’s annual, quarterly and special reports, proxy statements and other public filings with the Securities and Exchange Commission (“SEC”), including, but not limited to, the Company’s Annual Report on Form 10-K for the period ended February 28, 2015 which has been filed with the SEC and is available at the SEC’s website at www.sec.gov.

CONTACT:

Monaker Group, Inc.
Attention: Richard Marshall – Director of Corporate Development
Email: rmarshall@monakergroup.com
Tel: (954) 888-9779

Chesapeake Group
Attention: Kevin Holmes
Email: info@chesapeakegp.com
Tel: (410) 825-3930

UBid Holdings, Inc
Attention: Kristi Westcott – VP of Marketing
Email: Kristi.westcott@ubid.com

SOURCE: Monaker Group, Inc.

ReleaseID: 430542