NEW YORK, Feb. 28, 2001 (PRIMEZONE) -- MonsterDaata, Inc. (OTCBB:MDDC), an information infrastructure utility company, announced today that it has redesigned its online digital library at www.neighborhoodplace.com. The new Web portal utilizes MonsterDaata's new information technology platform, providing consumers, real estate professionals and relocation specialists with reports on over 220,000 neighborhoods nationwide.
"Neighborhood Place is MonsterDaata's showcase Web site, utilizing our new information infrastructure technology to give our users exactly what they need when researching areas they are considering moving to," says Samuel B. Petteway, CEO of MonsterDaata, Inc. "The new site provides direct paths to content areas that answer the questions people most often ask when contemplating a move or a home purchase; how do the schools compare; what are current property values; how safe is the neighborhood; what is the cost of living? Neighborhood Place users can now receive relevant information all the way down to the specific block group they are contemplating, as opposed to just searching by zip codes like before. This is a major improvement over what had formerly been available in this marketplace."
Typically a zip code can consist of numerous subdivisions and distinctly different neighborhood block groups. MonsterDaata's NeighborhoodPlace.com portal has the ability to drill down to these specific block groups instead of just normal zip code classifications, enabling a significantly more specific geographical search. This enables NeighborhoodPlace.com to provide a level of specificity, accuracy and relevance that is not currently available anywhere else in the real estate market.
"We have redesigned NeighborhoodPlace with our users in mind. Moving is already stressful enough without trying to guess what the conditions of your future neighborhood might be. That's why it is imperative that we make this process as easy as possible and our users come away with first-rate information without a lot of hassles. We have been able to give NeighborhoodPlace.com a real user-friendly appearance and a clear, intuitive interface that allows users to effortlessly navigate and find everything they want and need to know about their future neighborhood," adds Petteway.
MonsterDaata's universal technology platform allows it to provide any content, in any form, in any way that it's partners desire, acting as a content vending machine for a number of large business verticals, including real estate, travel and tourism, marketing and publishing. The overall business information market is estimated to be $1 Trillion in annual expenditures.
MonsterDaata continues to be recognized as the leading provider of the most up-to-date, detailed information and data to individuals and commercial users in a variety of different markets and industries. The company has grown significantly over the past year, adding new data for both the industries it has traditionally served as well as generating new data sets for other industries. MonsterDaata has also developed new customization and delivery methods and launched several new product and service lines. These developments have helped the company attract a continuing stream of clients and partners, particularly in the real estate services and lending markets.
About MonsterDaata
MonsterDaata, Inc., www.monsterdaata.com, is an Internet information utility company that has developed advanced data compilation, transformation and delivery technology designed to transform and distribute significant amounts of information from disparate sources for a number of business verticals and professionals. The company distributes content and applications solutions in a highly customizable, flexible manner. These products are designed to enable businesses to easily aggregate, analyze and distribute customized, industry-specific content in order to better drive their sales and marketing programs, increase revenue and traffic and reduce transaction costs.
The statements contained in this release which are not historical facts contain forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties, including, without limitation, the risks and uncertainties detailed in MonsterDaata's Securities and Exchange Commission filings.