Ideal Group (IDGR) and Offerstreet, LLC Enter Data Sharing Agreement to Monetize Ideal Group’s Databases

Ideal Group of Companies, Inc. (“Ideal Group” or the “Company”) (OTC: IDGR) has entered into a joint venture with Offerstreet LLC, with the primary objective of monetizing the Company’s proprietary databases that number in the multimillions.

Under the arrangement, Ideal Group will supply multiple proprietary databases to Offerstreet who will be responsible to vet, sort, filter and manage the data which it will then apply to its email marketing programs and promotions.

This new data venture is expected to generate recurring revenue for both companies, as it opens up the opportunity for the direct monetization of the valuable database collection held by Ideal Group that is focused on senior populations.

Charles Cardona, CEO of Ideal Group of Companies, Inc., stated, "Our proprietary databases remain a valuable asset that the Company will look to monetize through licensing and join-venture opportunities. This relationship with Offerstreet promises to become a valuable recurring revenue source for both participants. We are looking forward to working with this successful group who have years of experience in monetizing digital assets similar to ours in order to create the top ROI in the industry."

Ideal Group of Companies, Inc. will retain ownership of the data sets now being made available to Offerstreet to utilize for its own promotions. These may include the promotion of Ideal Group companies, direct marketing of subsidiary financial products or offers, and select partner marketing opportunities. The Company will be looking to OfferStreet to use their marketing know-how and database capabilities to market other products and services provided by Ideal Group subsidiary companies.

About Offerstreet LLC

OfferStreet.com is an interactive performance based in Saint Petersburg, Florida. The marketing firm is committed to bringing Advertisers and Publishers the Maximum ROI on their product or online traffic. The company prides themselves on reliability, customer service, and creativity. They match high-converting, high paying offers from advertisers with high volume traffic and leads through a network of select affiliates. For more see OfferStreet.com

About Ideal Group of Companies Inc. 

Ideal Group of Companies Inc. (idealgroupcorp.com) is a diversified real estate and financing company. Its real estate development division under the brand Eclipse Real Estate Development is engaged in acquiring, developing, and operating multifamily, mixed-use, commercial, and residential real estate, vacation rentals, RV resorts, and housing development projects. Its mortgage brokerage division under Oxygen Mortgage Inc. provides consumer mortgage services and, through Oxygen Commercial, provides financing for commercial projects. For more information, visit idealgroupcorp.com. 

Contacts: 

Ideal Group of Companies Inc. 

Tel. +1-864-345-8698

Charles Cardona, CEO 

ccardona@idealgroupcorp.com 

DISCLAIMER and FORWARD-LOOKING STATEMENTS 

Certain statements contained herein are “forward-looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward-Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the Company’s business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company’s products; the Company’s ability to protect its proprietary information; general economic and business conditions; and the volatility of the Company’s operating results and financial condition. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates, and projections about the Company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct. Investors are cautioned that actual results may differ materially from the anticipated results.