Property Management

MonsterDaata and NeighborhoodFind.com To Merge

MonsterDaata, Inc. (OTCBB: MSRD) and NeighborhoodFind.com LLC are pleased to announce a definitive agreement has been signed for the two companies to merge. The all-stock transaction is expected to close August 1, 2001 and will provide NeighborhoodFind shareholders with 22% of MonsterDaata’s outstanding stock, options and warrants. NeighborhoodFind adds $2 million in recurring annual subscription revenues and an established nationwide sales force. The transaction combines neighborhood information and web-based direct marketing with technology and content for the Real Estate industry. NeighborhoodFind has over 11,000 active on-line neighborhoods nationwide and over 5,000 Realtor sponsors, says the company. MonsterDaata provides comprehensive neighborhood, school and property information that can be drilled down to the census block level, thereby offering consumers and Real Estate professionals the most relevant community specific information, says the company.

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