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Lucky Picks of The Day: (OTCBB:MKRO)- (OTCBB:ITIG)- (OTCBB:WGAT)(M2 PressWIRE Via Acquire Media NewsEdge) Rochester NY -- www.shamrockstocks.com names (OTCBB:MKRO) Monkey Rock Group, Inc., (OTCBB:ITIG) Intelligroup, Inc., and (OTCBB:WGAT) WorldGate Communications, Inc. it's "Lucky Picks of the Day! To feature your publicly traded company in our alers email us at [email protected]. Also, you can receive up to the minute stock alerts via our Twitter page. www.twitter.com/shamrockstocks -------------------------------------------------------------------------------------------------------------------------------------------------------- Visit: www.shamrockstocks.com About The Monkey Rock Group, Inc. The Monkey Rock Group, Inc. is a professional European-styled leisure concept that serves select North American markets with its unique delivery of food, beverage and live adult-themed entertainment venues. Our concept is a traveling one, where we have designs to serve some of the country's largest social and sporting events to include motorcycle and auto rallies, rodeo events and auto races. Monkey Rock Group, Inc is traded on the OTC Bulletin Board under the ticker MKRO. For additional information, please visit the Company's website: www.monkeyrockusa.com. News Today: STURGIS, S.D., June 14, 2010 -- The Monkey Rock Group, Inc. (OTC Bulletin Board: MKRO) today announced that it has launched its operations as a public company. (Logo: http://photos.prnewswire.com/prnh/20100614/SF20135LOGO) (Logo: http://www.newscom.com/cgi-bin/prnh/20100614/SF20135LOGO) "Achieving the status of a public company has been a goal of management since our inception, and meets our commitment to our shareholders to begin trading in the public markets," said John Dent, Monkey Rock's Founder, Chairman and CEO. Monkey Rock ("the Company") is a U.S.-based retail leisure development stage company positioned to service the greater North American motorcycle rally industry. Currently, the Company has retail business operations in the short-cycle food, beverage and entertainment industry. The Company, prior to becoming a public company through its Monkey Rock USA(TM) brand, successfully completed its inaugural event at the Sturgis Motorcycle Rally in August 2009. "We are very encouraged by the overwhelmingly positive responses we received to the Monkey Rock concept at the Sturgis motorcycle event in August 2009," said Dent. "Our view was that if we could be successful in only one limited venue, the Monkey Rock concept would work well through a public company vehicle, which would enable us to add significant visibility to our brand, and create shareholder value. I am pleased that we have completed the initial phase of becoming a public company. Recently we began trading under the Monkey Rock name, and symbol 'MKRO.' We believe we are positioned to become a premier retail leisure based company within the greater North American motorcycle rally industry that offers retail food, beverage, entertainment and exhibitor services in a variety of events and venues." Chris Edwards, Monkey Rock's, Chief Operating Officer further stated: "Our goal is to provide an evolved, modern and environmentally sophisticated customer experience in the retail leisure based market while at the same time delivering exceptional value to our customers. To do this, we will offer our products and services through our mobile road show, retail operations, our website and digital solutions that emphasize a unique, fun and value driven alternative to the more traditional operators in our industry." Currently the Monkey Rock USA (TM) brand consists of the following: THE MOBILE ROAD SHOW - The Monkey Rock USA(TM) road show is a mobile concept that will travel nationally to market the brand and concept, delivering Monkey Rock to people's door steps. The road show will vary in configuration from a completely custom mobile branded 70-foot tractor trailer rig that will house a Monkey Rock USA(TM) store, game stations, lounge and accompanying leisure and entertainment space. The mobile road show will also include the Company's branded 10,000+ sq. ft. tent with full scale Monkey Rock USA(TM) food, beverage and entertainment offerings. RETAIL OPERATIONS - The Monkey Rock USA(TM) retail store will feature a physical location located in Sturgis, SD, the home of the annual Sturgis Motorcycle Rally. Sturgis is the largest such rally in the world and will include a combination of bars, restaurants, nightclubs, live entertainment offerings, retail stores, vendor space and services or any combination thereof, as appropriate. In 2009, the Company while operating as a private company participated in the Sturgis event and generated approximately $387,000 in revenue. WEB SITES - Aside from the traditional purposes of a web site as an information portal, the Company will use its web sites as an online retail store where it will sell its perpetually evolving lines of branded merchandise, as well as for the development of the most comprehensive sector specific social networking portal, online classified ads and branded game play stations. DIGITAL SOLUTIONS - Through existing public social networking sites (Facebook, MySpace, etc.), the Company will develop games and applications available to the game playing and application download population (branded apps, ringtones, wallpaper, etc.). Mobile versions of many of these digital technologies will be available to consumers also, all of which are relatively inexpensive to develop and are part of our extended growth plan. The Company's management is actively working on implementing its business plan as well as attempting to raise sufficient capital to support current operations and to fund an acquisition strategy. The Company is currently in preliminary discussions with a number of acquisition targets that if successfully consummated, would significantly accelerate the Company's introduction of its brand and concept. ------------------------------------------------------------------------------------------------------------------------------------------------------ Visit: www.shamrockstocks.com About Intelligroup, Inc. Intelligroup is an enterprise applications systems integrator providing consulting, implementation, testing, application management, infrastructure management, and other IT services for global corporations. The Company possesses deep expertise and proprietary tools in industry-specific enterprise solutions and has been recognized by clients, partners and IT industry analysts for consistently exceeding expectations. Intelligroup won a global 2009 SAP Pinnacle Award, and is ranked as a 'Leader' on the 2010 Global Outsourcing 100(R) list by the International Association of Outsourcing Professionals (IAOP)(R). Intelligroup's global service delivery model combines onsite teams and offshore development capabilities to deliver solutions that accelerate results, reduce costs and generate meaningful ROI for clients. For further information please visit: http://www.intelligroup.com/ News Today: PRINCETON, N.J. and Japan, June 14, 2010 -- NTT DATA Corporation (Tokyo Stock Exchange, First Section: 9613) ("NTT DATA"), the Japan-based leading IT services company, and Intelligroup, Inc. (OTC Bulletin Board: ITIG) ("Intelligroup"), a US-based IT services company, today announced that they have entered into a merger agreement pursuant to which NTT DATA will acquire Intelligroup for approximately US$199 million through an all-cash tender offer, followed by a second-step merger to acquire all remaining shares at the same price paid in the tender offer. NTT DATA, through its wholly-owned subsidiary, Mobius Subsidiary Corporation, will make an offer to purchase all outstanding shares of Intelligroup common stock for US$4.65 per share, which represents a 21.1% premium to Intelligroup's average closing stock price over the last three-month period ended June 11, 2010, and a 27.7% premium over the closing price of Intelligroup's common stock on June 11, 2010. The tender offer is scheduled to commence within 6 business days and will expire after 20 business days unless the offer is extended. The tender offer is conditioned on the tender of more than a majority of Intelligroup's outstanding shares on a fully-diluted basis, and various other conditions, including customary regulatory approvals. The transaction is not conditioned on financing. The transaction was unanimously approved by the Boards of Directors of both Intelligroup and NTT DATA, and the Board of Directors of Intelligroup will recommend that Intelligroup's stockholders tender their shares in the offer. In connection with the offer, SB Asia Infrastructure Fund, LP and Venture Tech Assets Private Ltd, which collectively hold approximately 62.9% of Intelligroup's outstanding common stock, have agreed to tender their shares into the offer. Intelligroup is an enterprise applications systems integrator providing consulting, implementation, testing, application management, infrastructure management, and other IT services primarily related to SAP, Oracle and Microsoft applications for global corporations. Intelligroup has developed industry award winning ERP-related tools and pre-configured, vertical specific solutions that reduce costs and deliver quick return on investment for customers. Intelligroup is a services partner of SAP, Oracle, and Microsoft in multiple regions, and is featured in leading IT analysts' ERP and outsourcing reports. Intelligroup currently provides SAP, Oracle and related services to major corporations located in the US, UK, Denmark, Japan, India and the Middle East, which would complement NTT DATA's services/solutions business and its customer base for such services. The transaction would give NTT DATA access to Intelligroup's blue-chip client base and specialized knowledge of SAP and Oracle. NTT DATA would also benefit from Intelligroup's deep industry experience and solutions focused on the life sciences, high-tech and discrete manufacturing, and consumer packaged goods verticals and its efficient global delivery model, enabled by world-class delivery centers in India. Furthermore, the transaction would result in better service for Intelligroup's and NTT DATA's global client bases, through coordination and cooperation with NTT DATA global affiliates. Commenting on the transaction, Toru Yamashita, President & CEO of NTT DATA, said, "We are extremely pleased to announce our alliance with Intelligroup, a company highly reputable in the ERP business, with top-class employees around the globe. We believe that through this alliance, we will gain access to Intelligroup's global operation network, which will allow us to provide higher quality services in more places and assist clients in the further innovation of their businesses." Vikram Gulati, Chief Executive Officer of Intelligroup, added, "NTT DATA's size and global IT capabilities including data centers and cloud computing enhance significantly our ERP solution capability and also allow us to offer Total Outsourcing solutions. It enables us to offer enhanced vertical offerings, and greater geographic coverage to our customers. Further, this allows us to leverage the financial strength of NTT DATA which enables us to make greater and more long-term investments in the business. The synergy between the two firms creates a formidable force that will enable us to win in the marketplace." Mitsubishi UFJ Morgan Stanley Securities Co. is acting as the exclusive financial advisor, and Morrison & Foerster LLP is acting as the legal advisor to NTT DATA on this transaction. Credit Suisse Securities (USA) LLC is acting as the exclusive financial advisor to Intelligroup, and Jones Day and Lowenstein Sandler PC are acting as Intelligroup's legal advisors. MEDIA CONTACTS Intelligroup, Inc. Investor Relations: Norberto Aja and David Collins Jaffoni & Collins Incorporated [email protected] 212-835-8500 Public Relations: Pat Gray [email protected] 646-810-7405 NTT DATA Public Relations: Georgeson Inc. Thomas Gardiner [email protected] 212-440-9872 NTT DATA Public Relations Department [email protected] Investor Relations: NTT DATA Investor Relations and Finance Office [email protected] NOTES TO EDITORS About NTT DATA CORPORATION NTT DATA is a quoted subsidiary of Nippon Telegraph and Telephone Corporation ("NTT"). It offers a broad range of IT services including consulting, systems integration and IT outsourcing. NTT DATA posted total revenues of approx. JPY 1.1 trillion (USD 12.7 billion) for the year ended March 31, 2010, and has more than 34,500 employees. NTT DATA has taken various steps to develop the international business. For further information please visit: http://www.nttdata.co.jp/en/index.html ------------------------------------------------------------------------------------------------------------------------------------------------------ Visit: www.shamrockstocks.com About WorldGate: Founded in 1996, WorldGate is a leading provider of digital voice and video phone services and next generation video phones. In today's increasingly busy world where family and friends are spread throughout the globe, WorldGate unites the lives of people in an effortless and affordable way using next generation video communications technologies. In addition to offering the latest in video technology, WorldGate also provides a turn-key communication services platform supplying complete back-end support services with best-in-class customer service. WorldGate designs and develops innovative digital video phones featuring high quality, real-time, two-way video. This unique combination of functional design, advanced technology and use of IP broadband networks provides true-to-life video communication. As a result, WorldGate brings family and friends closer together by offering a new way to experience communication--through an immediate video connection allowing them to instantly hear and see each other for a face-to-face conversation. For more information, please visit www.wgate.com. News Today: TREVOSE, Pa., Jun 14, 2010 -- WorldGate (OTCBB: WGAT.OB), a leading provider of digital voice and video phones and services, today announced that the Company has received the second purchase order for 26,000 units of its new digital video phone from ACN, Inc. ACN, the world's largest direct seller of telecommunication services, agreed to purchase a minimum of 300,000 video phones on an OEM basis over a two year period. ACN operates in 20 countries spanning North America, Europe, Australia and New Zealand. The manufacturing and shipment of 15,000 video phones associated with ACN's first purchase order received on May 6th is complete. This second purchase order from ACN is for 26,000 units, which are scheduled to be delivered to ACN concurrent with their final QA testing and technical acceptance. "ACN's continued commitment to our new video phone product line with the purchasing of 41,000 units before our official launch is a strong endorsement of our best-in-class video telephony expertise and continuing residential and SMB market adoption of video telephony," said Allan Van Buhler, Senior Vice President of Sales and Marketing for WorldGate. "We are focused on delivering the highest quality, true-to-life video communications experience possible. And, with the introduction of our new video phone, we've taken video quality to a whole new level." WorldGate's new video phone, Ojo(R) Vision, features a brilliant high resolution screen with amazing video quality, a full suite of advanced telephony features and rich video applications with advanced networking technology that delivers a stunning user experience. Additional features are expected to include three-way video conferencing which will make it even easier to bring family, friends and multiple business locations together at one time. WorldGate's patented platform allows service providers, agents and customer acquisition companies to offer turn-key digital voice and video phone services with minimal risk and investment while providing speed-to-market capability. Retail, agent, wholesale, white label and private label programs are available. To inquire about sales opportunities, please call 1-877-650-4656 or email [email protected]. Additional Links: www.twitter.com/OjoPhone http://www.facebook.com/home.php?#!/pages/WorldGate-Communications/130218167762?ref=ts ------------------------------------------------------------------------------------------------------------------------------------------------------ Visit: www.shamrockstocks.com About Shamrockstocks.com Shamrockstocks.com is a website that profiles stocks of interest. We are not licensed brokers or financial consultants. The information here is believed to be reliable, but not guaranteed to be accurate by Shamrockstocks. Please be advised that the information contained may or may not be complete and is solely for informational purposes only. This is not to be construed as an offer to sell, hold or the solicitation of an offer to buy. Investors are encouraged to seek opinions by their registered brokers or financial advisors after extensive due diligence is performed. For additional information, please contact [email protected], www.shamrockstocks.com or www.twitter.com/shamrockstocks. ((Comments on this story may be sent to [email protected])) (c) 2010 M2 COMMUNICATIONS |