Monarchy Ventures Inc. Announces Prototype of Innovative New App Completed

LAS VEGAS, Feb. 01, 2016 (GLOBE NEWSWIRE) -- Last month, Monarchy Ventures Inc. (OTC:MONK) announced it had acquired the worldwide marketing rights to 60K, a health and fitness app currently under development for iPhone, Android, tablets and desktop computers.

Andrey Smirnov, a member of the company’s Board of Directors, announced today that the 60K prototype has been completed. Said Mr. Smirnov, “Our programmers have been working diligently to meet the aggressive deadline we set for them and I am pleased to report that the development of the prototype is on schedule. It is our goal to address the core needs of our customers and this prototype allows us to do so. Although we will have lots of work to do as we get feedback from our testers, I am very proud of what we have accomplished so far and expect to see similar results from our programmers in the days and months ahead.”

A brief video of the working prototype can be viewed here:

Notice Regarding Forward-Looking Statements

This press release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with intellectual property protection, marketing and sale, manufacturing and distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact Monarchy Ventures Inc. Timothy Ferguson, President Email: Phone: (702) 318-7545

Source:Monarchy Ventures Inc.