New York Community Bancorp, Inc. Announces the Declaration of a Quarterly Cash Dividend on Its Preferred Stock

WESTBURY, N.Y.–(BUSINESS WIRE)–The Board of Directors of New York Community Bancorp, Inc. (NYSE: NYCB) (the “Company”) announced the declaration of a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (NYSE: NYCB PRA) at the rate of $15.94 per preferred share, which equates to $0.3984 for each depositary share. Each depositary share represents a 1/40th ownership interest in a share of the Series A preferred stock.

The dividend will be payable on June 17, 2017 to shareholders of record as of June 7, 2017.

About New York Community Bancorp, Inc.

One of the largest U.S. bank holding companies, with assets of $48.8 billion, New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York Community Bank and New York Commercial Bank. With deposits of $28.7 billion and 255 branches in Metro New York, New Jersey, Florida, Ohio, and Arizona, the Company also ranks among the largest depositories in the United States.

Reflecting its growth through a series of acquisitions, the Community Bank currently operates through seven local divisions, each with a history of service and strength: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, and Roosevelt Savings Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. Similarly, New York Commercial Bank currently operates 18 of its 30 New York-based branches under the divisional name Atlantic Bank. Additional information about the Company and its bank subsidiaries is available at www.myNYCB.com and www.NewYorkCommercialBank.com.

Alaska Communications Signs Memorandum of Understanding with OneWeb to Become the First Reseller in Alaska

ANCHORAGE, Alaska–(BUSINESS WIRE)–Alaska Communications (NASDAQ: ALSK) announced today that it has signed a non-exclusive memorandum of understanding (MOU) to become the first reseller of OneWeb enabled broadband access in Alaska. Starting in 2019, this new high-speed, low latency broadband service will be available to every Alaska home, school, business, and community center.

OneWeb’s system is unprecedented in scale, including 900 ultra-high throughput Low Earth Orbit satellites capable of providing more than 7 Tbps of new global capacity. Even more unique is that OneWeb is specifically designed with a polar orbit to ensure coverage of 100 percent of the United States, including Alaska which has historically, because of its high latitude, had poor coverage from the satellite industry.

“We are building this system exactly for this purpose,” said Greg Wyler, OneWeb’s Founder and Executive Chairman. “OneWeb is designed to connect the world’s rural and underserved populations, so connecting every school, health center and community will be extremely exciting.”

With tens of thousands of Alaskans lacking broadband access across the state, OneWeb will provide a service that matches terrestrial quality latency of less than 50ms. This low latency service enables seamless connectivity and the same user experience and lag-free web browsing, streaming capabilities, video conferencing, voice communications, and enterprise applications access you would expect from a fiber or cable network. Uniquely, because of the polar orbit, OneWeb’s terminals can view the satellites almost directly overhead at any time, providing clear line of sight access.

“Alaska Communications is dedicated to providing high quality broadband access across the state. Partnering with OneWeb this early will allow us to prepare for an Alaska-wide roll out in 2019,” said Anand Vadapalli, CEO of Alaska Communications. “Combined with the recent announcements we have made about partnering for fiber access in Northwest Alaska, this partnership with OneWeb demonstrates our commitment to quality and affordable broadband access across Alaska.”

About Alaska Communications

Alaska Communications (NASDAQ: ALSK) is the leading provider of advanced broadband and managed IT services for businesses and consumers in Alaska. The company operates a highly reliable, advanced statewide data network with the latest technology and the most diverse undersea fiber optic system connecting Alaska to the contiguous U.S. For more information, visit www.alaskacommunications.com or www.alsk.com.

About OneWeb

OneWeb’s mission is to enable affordable internet access for everyone. To accomplish this goal OneWeb is building a communications network of unprecedented size including nearly 900 Low Earth Orbit satellites and an integrated ground support infrastructure. With more than 7 terabits per second of new capacity, the first phase of OneWeb’s system will extend the networks of mobile operators and ISPs to serve new coverage areas, enabling broadband for businesses, schools, healthcare institutions and other end users. Backed with over $1.7 billion of funding from a diverse group of global investors, OneWeb will launch its first satellites in early 2018. To learn more, please visit www.oneweb.world.

Marshall Hotels & Resorts Opens 162-Room Grand River Hotel, An Ascend Hotel Collection Member, in Grand Rapids, Mich.

SALISBURY, Md. & GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Marshall Hotels & Resorts, a leading hotel management and services company that operates properties nationwide, today announced that the company has opened the 162-room Grand River Hotel, an Ascend Hotel Collection Member, in Grand Rapids, Mich.

“Grand Rapids’ first Ascend Hotel Collection Member, the Grand River Hotel is designed to appeal to lifestyle explorers seeking a modern retreat in their pursuit of experiential travel,” said Mike Marshall, president and CEO. “This also marks the first, new full-service hotel to enter the marketplace in seven years, providing Grand Rapids with a much-desired destination for both leisure and business travelers to the area who are design conscious and social, mindful of health and wellness, have a desire to push personal limits and approach travel with a Millennial mindset.”

Located at 270 Ann Street NW just one mile from downtown, the seven-story hotel is near such local attractions as 20 Monroe Live, Van Andel Arena, DeltaPlex, Fifth Third Ballpark, Art Van Sports Complex, Downtown Market and the Gerald R. Ford Museum. Concepted by Gorshin/Haddenfield Design, the Grand River Hotel is a prime example of the Modern style, which arguably saw its birth in Michigan through the work of such local designers as Frank Lloyd Wright, Charles & Ray Eames and Mies van der Rohe. The hotel boasts Grand Rapid’s deepest indoor heated swimming pool, full-service dining, and event facilities, outside fire pits, exercise and yoga space, business center and 2,500 square feet of meeting space. Guest rooms feature in-room microwave and refrigerator, plush Lady Americana Mattresses with high thread count linens and upscale guest amenities, as well as great desk working space.

The Grand River Hotel also houses the River Rock Dining & Lounge, a new dining concept for Grand Rapids, offering local and regional culinary flare. While the River Rock offers a full menu of craft cocktails and brews, the lounge prides itself on its wide variety of martinis. Guests can enjoy three meals a day, ranging from bacon-wrapped smoked duck breakfast burritos to California roll salad to the sesame seared ahi tuna, all sourced locally. During the Spring and Summer seasons, the River Rock Dining & Lounge provides live music and stunning views on its patio overlooking the Grand River.

“Along with the Sunset Park Hotel in New York, this property marks our second Ascend Hotel Collection Member, and we are confident our familiarity with the soft brand will allow us to ramp up the property quickly, efficiently and profitably,” Marshall added. “The Grand River Hotel is an ideal addition to our growing portfolio of full- and select-service hotels with well-respected brands in markets with barriers to new entry.”

About Marshall Hotels & Resorts, Inc.

Salisbury, Md.-based Marshall Hotels & Resorts, Inc. has special expertise operating three- and four-star branded hotels and resorts, averaging 100 to 500 rooms, in urban and central business districts, as well as suburban/drive-to and resort locations. In addition, the company has a proven track record managing independent resort and unique urban properties. Marshall Hotels & Resorts has managed a wide array of leading hotel brands, including those under the Hilton, Marriott, Starwood, InterContinental Hotel Group, Hyatt, Carlson, Choice, Best Western and Wyndham flags. Additional information may be found at the company’s Web site: www.marshallhotels.com.

Always Memorial Produces Bronze Battle Cross for Boulder Crest Retreat, VA

MANASSAS, Va.–(BUSINESS WIRE)–Tyler Fraser, CEO of Always Memorial, announces the unveiling of a custom made bronze naval battle cross for Boulder Crest Retreat for Military and Veteran Wellness in Bluemont, Virginia.

The unveiling event was attended by hundreds of supporters and veterans of the retreat. Medal of Honor Recipient Navy Seal Chief Petty officer Ed Byers gave a speech about commitment and service and Peggy Fox of WUSA-9 was the emcee for the ceremony.

The battle cross is a replica made of Petty Officer Sean Carson’s boots, gun, and helmet. Sean Carson was a US Navy explosive ordnance disposal (EOD) Sailor who was killed in action in 2012. 3D technology was used to produce a replica of Carson’s battle cross. The cross was modified to include vintage fins and face mask, memorializing US Navy EOD, UDT and SEALs killed in action and training since World War II.

“This project was very special to us because we are using 3D technology in a way with great meaning,” said Tyler.

Boulder Crest Retreat is the nation’s first privately-funded rural wellness center dedicated exclusively to combat veterans and their families. The retreat opened in 2013 and serves approximately 700 guests each year.

Ken Falke, Founder and Chairman, and his wife Julia Falke donated the bronze sculpture to Boulder Crest Retreat. He said, “As a retired US Navy EOD Master Chief Petty Officer, I personally know many of the names of those killed in action and training. Our work here at Boulder Crest Retreat is specifically about these invisible injuries and Julia and I are honored to be able to provide this gift.”

Always Memorial donated 250 jewelry pendants to Boulder Crest Retreat, which were handed out as gifts for the ceremony.

This memorial was erected just months after the most recent casualties in the war on terrorism, which included EOD Chief Petty Officer Jason C. Finan, EOD Senior Chief Petty Officer Scott Dayton and SEAL Chief Petty Officer William Owens.

Always Memorial offers funeral products to families and organizations. The company recently launched the Always Bust, a bust used to accurately portray an individual as a bronze or 3D-printed memorial. The company is based in northern Virginia, where they play an active role in community and business events.

Learn more at https://alwaysmemorial.com/military/.

ITbrain’s New Remote Task Manager Allows for Faster, Seamless and Proactive IT Management

TAMPA, Fla.–(BUSINESS WIRE)–TeamViewer®, a leading global software provider for digital networking and collaboration, today announces a new feature that has been added to ITbrain, TeamViewer’s efficient IT-Management solution: The new Remote Task Manager will save IT support teams time by allowing users to view and manage running processes and services of a device without having to remotely access that machine.

ITbrain’s new Remote Task Manager is a web-based console that conveniently facilitates the daily business of help desk agents, supporters, and IT administrators. For example: IT helpdesk staff at a Managed Service Provider may receive a call from a customer because of a software application that is no longer responding. With the new Remote Task Manager, IT helpdesk staff can effortlessly have a look, identify the error, and stop the underlying process so that the customer can re-start the application without any issues. They can do all of this without even remotely accessing the machine in question.

ITbrain is a cloud-based IT management solution for businesses. It provides users with monitoring, asset tracking, anti-malware, and backup capabilities. Developed by TeamViewer, ITbrain is completely integrated into the TeamViewer experience and provides a proactive support tool for IT support teams. It lets teams create individual policies and take preventative action before users even notice an issue with their device. ITbrain also helps businesses to make cost savings by centrally accounting IT systems, reduce downtime, prevent data loss and drive savings through proactively managing the IT function.

“The simplicity of ITbrain provides users with a lean approach to IT management, saving businesses money and support teams time,” comments Frank Ziarno, Senior Product Manager at TeamViewer. “The addition of Remote Task Manager is as a direct result of all the valuable feedback we’ve received from our customers. We are constantly working to improve the quality of ITbrain Monitoring and features, and we have listened and delivered a solution that will not only save IT support teams time, but also allow them to be even more proactive in their device checks by spotting a problem before the user has even noticed it.”

About TeamViewer

TeamViewer is a leading global software provider for digital networking and collaboration. Founded in 2005 in Göppingen, Germany, the company employs around 700 people from more than 50 countries. Its flagship product, TeamViewer, is an all-in-one solution for remote support, remote access, and online meetings. The software actively runs on more than 400 million devices, of which at least 25 million are connected to TeamViewer at any point in time. The company’s product portfolio is complemented by solutions for IT monitoring, data backup, anti-malware and web-conferencing. TeamViewer was acquired by Permira in 2014. Further information is available at: www.teamviewer.com

TANGOE (TNGO) SHAREHOLDER ALERT – Andrews & Springer LLC Is Seeking More Cash for Shareholders of Tangoe, Inc.

WILMINGTON, Del.–(BUSINESS WIRE)–Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Tangoe, Inc. (Other OTC: TNGO) (“Tangoe” or the “Company”) relating to the sale of the Company to Marlin Equity Partners (“Marlin”). On April 28, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which Marlin will acquire Tangoe in a merger, via a tender offer, worth approximately $242.6 million. As a result of the merger, Tangoe shareholders are only anticipated to receive $6.50 per share in cash in exchange for each share of Tangoe.

Andrews & Springer’s investigation thus far, has revealed that the process leading up to the announcement of the merger appears to have been flawed containing conflicts of interest. On January 3, 2017, Tangoe announced that it received two buyout offers that were higher than the current $6.50 per share consideration shareholders are expected to receive: 1. An offer from Marlin for $7.50 per share and 2. Clearlake Capital and Vector Capital for $7.00 per share.

Our investigation is also examining the inadequate consideration Tangoe shareholders are expected to receive. Stifel Nicolaus, Tangoe’s own financial advisor who issued a fairness opinion concluding that $6.50 per share was a fair price to shareholders, previously had an $8.00 per share price target set for Tangoe, but ultimately lowered in a follow-up report issued on May 1, 2017.

If you own shares of Tangoe and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/tangoe-class-action-investigation/ or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook – www.facebook.com/AndrewsSpringer for future updates.

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.

Always Memorial Produces Bronze Battle Cross for Boulder Crest Retreat, VA

MANASSAS, Va.–(BUSINESS WIRE)–Tyler Fraser, CEO of Always Memorial, announces the unveiling of a custom made bronze naval battle cross for Boulder Crest Retreat for Military and Veteran Wellness in Bluemont, Virginia.

The unveiling event was attended by hundreds of supporters and veterans of the retreat. Medal of Honor Recipient Navy Seal Chief Petty officer Ed Byers gave a speech about commitment and service and Peggy Fox of WUSA-9 was the emcee for the ceremony.

The battle cross is a replica made of Petty Officer Sean Carson’s boots, gun, and helmet. Sean Carson was a US Navy explosive ordnance disposal (EOD) Sailor who was killed in action in 2012. 3D technology was used to produce a replica of Carson’s battle cross. The cross was modified to include vintage fins and face mask, memorializing US Navy EOD, UDT and SEALs killed in action and training since World War II.

“This project was very special to us because we are using 3D technology in a way with great meaning,” said Tyler.

Boulder Crest Retreat is the nation’s first privately-funded rural wellness center dedicated exclusively to combat veterans and their families. The retreat opened in 2013 and serves approximately 700 guests each year.

Ken Falke, Founder and Chairman, and his wife Julia Falke donated the bronze sculpture to Boulder Crest Retreat. He said, “As a retired US Navy EOD Master Chief Petty Officer, I personally know many of the names of those killed in action and training. Our work here at Boulder Crest Retreat is specifically about these invisible injuries and Julia and I are honored to be able to provide this gift.”

Always Memorial donated 250 jewelry pendants to Boulder Crest Retreat, which were handed out as gifts for the ceremony.

This memorial was erected just months after the most recent casualties in the war on terrorism, which included EOD Chief Petty Officer Jason C. Finan, EOD Senior Chief Petty Officer Scott Dayton and SEAL Chief Petty Officer William Owens.

Always Memorial offers funeral products to families and organizations. The company recently launched the Always Bust, a bust used to accurately portray an individual as a bronze or 3D-printed memorial. The company is based in northern Virginia, where they play an active role in community and business events.

Learn more at https://alwaysmemorial.com/military/.

Lisa Conte, CEO of Jaguar Animal Health and Napo Pharmaceuticals, to Present at the Southern California Investment Forum May 31, 2017 in Los Angeles

SAN FRANCISCO–(BUSINESS WIRE)–Jaguar Animal Health, Inc. (NASDAQ:JAGX) (“Jaguar”), an animal health company focused on developing and commercializing first-in-class gastrointestinal products for companion and production animals, foals, and high value horses, and Napo Pharmaceuticals, Inc. (Napo), a human health company developing and commercializing novel gastrointestinal prescription products from plants used traditionally in rainforest areas, announced today that Lisa Conte, Jaguar’s president and CEO and Napo’s interim CEO, is scheduled to present at the Southern California Investment Forum luncheon and networking gathering taking place 1:00pm – 4:00pm Pacific time on Wednesday, May 31st at the Skylight Gardens Restaurant, Bar & Gallery in Los Angeles. Ms. Conte will be available for one-on-one meetings with new and existing analysts, investors and partners at the event. To register to attend the event, visit southerncaliforniainvestmentforum.com.

About Napo Pharmaceuticals, Inc.

San Francisco-based Napo Pharmaceuticals, Inc. focuses on the development and commercialization of proprietary pharmaceuticals from rainforest resources for the global marketplace in collaboration with local partners. In April 2017, Napo launched Mytesi®, which is approved by the U.S. FDA for the symptomatic relief of noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy. Crofelemer, the active ingredient in Mytesi®, is a botanical (plant-based) drug extracted and purified from the red bark sap of the medicinal Croton lechleri tree in the Amazon rainforest.

About Jaguar Animal Health, Inc.

Jaguar Animal Health, Inc. is an animal health company focused on developing and commercializing first-in-class gastrointestinal products for companion and production animals, foals, and high value horses. Canalevia is Jaguar’s lead prescription drug product candidate, intended for the treatment of various forms of diarrhea in dogs. Equilevia (formerly referred to as SB-300) is Jaguar’s prescription drug product candidate for the treatment of gastrointestinal ulcers in horses. Canalevia and Equilevia contain ingredients isolated and purified from the Croton lechleri tree, which is sustainably harvested. Neonorm Calf and Neonorm Foal are the Company’s lead non-prescription products. Neonorm is a standardized botanical extract derived from the Croton lechleri tree. Canalevia and Neonorm are distinct products that act at the same last step in a physiological pathway generally present in mammals. Jaguar has nine active investigational new animal drug applications, or INADs, filed with the FDA and intends to develop species-specific formulations of Neonorm in six additional target species, formulations of Equilevia in horses, and Canalevia for cats and dogs.

For more information about Jaguar, please visit jaguaranimalhealth.com.

About Mytesi®

Mytesi® (crofelemer) is an antidiarrheal indicated for the symptomatic relief of noninfectious diarrhea in adult patients with HIV/AIDS on antiretroviral therapy (ART). Mytesi® is not indicated for the treatment of infectious diarrhea. Rule out infectious etiologies of diarrhea before starting Mytesi®. If infectious etiologies are not considered, there is a risk that patients with infectious etiologies will not receive the appropriate therapy and their disease may worsen. In clinical studies, the most common adverse reactions occurring at a rate greater than placebo were upper respiratory tract infection (5.7%), bronchitis (3.9%), cough (3.5%), flatulence (3.1%), and increased bilirubin (3.1%).

More information and complete Prescribing Information are available at Mytesi.com. Crofelemer, the active ingredient in Mytesi®, is a botanical (plant-based) drug extracted and purified from the red bark sap of the medicinal Croton lechleri tree in the Amazon rainforest. Napo has established a sustainable harvesting program for crofelemer to ensure a high degree of quality and ecological integrity.

Proposed Merger

As announced March 31, 2017, Napo and Jaguar have entered a definitive merger agreement. The companies underscore their expectation that the merger will close by the end of July, 2017.

Jaguar has filed with the SEC a Registration Statement on Form S-4 that includes proxy solicitation materials. Stockholders of Jaguar and Napo are urged to read the proxy solicitation/prospectus contained in the Registration Statement when it becomes available and any other relevant materials filed with the SEC because these materials will contain important information about the potential merger.

Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements.” These include statements regarding the proposed merger of Jaguar and Napo, the expectation that the proposed merger will close by the end of July 2017, Jaguar’s intention to develop species-specific formulations of Neonorm in additional target species, and Jaguar’s plan to develop formulations of Canalevia for cats, horses and dogs. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expect,” “plan,” “aim,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this release are only predictions. Jaguar has based these forward-looking statements largely on its current expectations and projections about future events. These forward-looking statements speak only as of the date of this release and are subject to a number of risks, uncertainties and assumptions, some of which cannot be predicted or quantified and some of which are beyond Jaguar’s control. Except as required by applicable law, Jaguar does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.

Jaguar-JAGX

Monaker Launches NextTrip Website and Mobile App Featuring 1.2 Million Instantly Bookable Vacation Rental Properties

WESTON, FL–(Marketwired – May 25, 2017) – Monaker Group (OTCQB: MKGI) has launched NextTrip, a new travel website and companion mobile app featuring instant Alternative Lodging Rentals (ALRs). The new releases of the NextTrip mobile app for iOS and Android are available for download today.

NextTrip is the first travel service to offer all its ALR properties as instantly bookable. Now travelers can book private vacation homes, villas, chalets, apartments, condos and castles in combination with other major travel services, from conventional lodging and airlines to car rentals and tour packages.

The site and mobile app features more than 1.2 million instantly-bookable ALR properties, 200,000 hotels, 400 airlines, all major car rental companies, and 10,000 tourist activities. Most of the ALR properties are initially available in prime locations in Europe, Asia, and South America in anticipation of partner and customer demand, with an additional 1 million contracted properties being on boarded to fill out our North America and the Caribbean presence over the next several months.

NextTrip is powered by the Monaker Booking Engine (MBE), a new cloud-based technology platform that delivers ALR reservations that can be instantly confirmed. MBE delivers Monaker’s global ALR inventory via a flexible application program interface (API), which also supports the distribution of Monaker’s ALR products to its B2B travel industry partners.

„The launch of NextTrip demonstrates how Monaker has solved one of the biggest pain-points in the travel industry — lack of access to instant booking of ALR,” said Monaker CEO Bill Kerby. „So, if you book it, you’ve got it. No waiting minutes or hours as you wait to hear back from the property owner. You can now go ahead and book flight, car or tour packages at the same time of your ALR, all on the same site, and without hesitation.”

The Monaker Booking Engine and API are built to the latest industry standards allowing for custom integration into virtually any existing booking system. Travelers booking with NextTrip, as well as online travel agents and other industry players with access to the MBE, can now book complete travel packages without the uncertainty traditionally associated with booking alternative lodging.

Given the long-standing industry need for instant booking ALR reservations, several leading travel service wholesalers, retailers and travel agents are currently working to integrate the company’s MBE technology with their vacation and travel package distribution channels.

This summer Monaker is planning to enhance NextTrip with specialized artificial intelligence that will enable easier planning for business, group, and family travel.

With NextTrip and its MBE, Monaker is looking to take advantage of the growing demand for alternative lodging and the strong growth in digital travel sales. The ALR industry is expected to grow at more than 7% CAGR to $194 billion in 2021, according to Technavio, making it one of the fastest growing sectors of the travel industry. Meanwhile, worldwide digital travel sales will climb at a 9.7% CAGR to top $817 billion by 2020, says eMarketer.

About Monaker

Monaker Group is a technology-driven travel company focused on delivering innovation to alternative lodging rentals (ALR) market. The Monaker Booking Engine (MBE) delivers instant booking of more than 1.2 million vacation rental homes, villas, chalets, apartments, condos and castles. MBE offers travel distributors and agencies an industry-first: a customizable instant booking platform for ALR. Monaker’s NextTrip.com B2C website, also powered by MBE, is the first to offer significant instantly-bookable ALR products along with mainstream travel products and services all on a single site. NextTrip also features rich content, imagery and high-quality video to enhance a traveler’s booking experience and assist in the search, decision and buying process for both individuals and groups. For more information, visit www.monakergroup.com or www.nexttrip.com.

Important Cautions Regarding Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties concerning the plans and expectations of Monaker Group. These statements are only predictions and actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties, some of which are out of our control. The potential risks and uncertainties include, among others, or the expectations of future growth may not be realized. These forward-looking statements are made only as of the date hereof, and Monaker Group undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. All forward looking statements are expressly qualified in their entirety by the „Risk Factors” and other cautionary statements included in Monaker Group’s annual, quarterly and special reports, proxy statements and other public filings with the Securities and Exchange Commission („SEC”), including, but not limited to, the Company’s Annual Report on Form 10-K for the period ended February 28, 2017 which has been filed with the SEC and is available at www.sec.gov.

Monaker Launches NextTrip Website and Mobile App Featuring 1.2 Million Instantly Bookable Vacation Rental Properties

WESTON, FL–(Marketwired – May 25, 2017) – Monaker Group (OTCQB: MKGI) has launched NextTrip, a new travel website and companion mobile app featuring instant Alternative Lodging Rentals (ALRs). The new releases of the NextTrip mobile app for iOS and Android are available for download today.

NextTrip is the first travel service to offer all its ALR properties as instantly bookable. Now travelers can book private vacation homes, villas, chalets, apartments, condos and castles in combination with other major travel services, from conventional lodging and airlines to car rentals and tour packages.

The site and mobile app features more than 1.2 million instantly-bookable ALR properties, 200,000 hotels, 400 airlines, all major car rental companies, and 10,000 tourist activities. Most of the ALR properties are initially available in prime locations in Europe, Asia, and South America in anticipation of partner and customer demand, with an additional 1 million contracted properties being on boarded to fill out our North America and the Caribbean presence over the next several months.

NextTrip is powered by the Monaker Booking Engine (MBE), a new cloud-based technology platform that delivers ALR reservations that can be instantly confirmed. MBE delivers Monaker’s global ALR inventory via a flexible application program interface (API), which also supports the distribution of Monaker’s ALR products to its B2B travel industry partners.

„The launch of NextTrip demonstrates how Monaker has solved one of the biggest pain-points in the travel industry — lack of access to instant booking of ALR,” said Monaker CEO Bill Kerby. „So, if you book it, you’ve got it. No waiting minutes or hours as you wait to hear back from the property owner. You can now go ahead and book flight, car or tour packages at the same time of your ALR, all on the same site, and without hesitation.”

The Monaker Booking Engine and API are built to the latest industry standards allowing for custom integration into virtually any existing booking system. Travelers booking with NextTrip, as well as online travel agents and other industry players with access to the MBE, can now book complete travel packages without the uncertainty traditionally associated with booking alternative lodging.

Given the long-standing industry need for instant booking ALR reservations, several leading travel service wholesalers, retailers and travel agents are currently working to integrate the company’s MBE technology with their vacation and travel package distribution channels.

This summer Monaker is planning to enhance NextTrip with specialized artificial intelligence that will enable easier planning for business, group, and family travel.

With NextTrip and its MBE, Monaker is looking to take advantage of the growing demand for alternative lodging and the strong growth in digital travel sales. The ALR industry is expected to grow at more than 7% CAGR to $194 billion in 2021, according to Technavio, making it one of the fastest growing sectors of the travel industry. Meanwhile, worldwide digital travel sales will climb at a 9.7% CAGR to top $817 billion by 2020, says eMarketer.

About Monaker

Monaker Group is a technology-driven travel company focused on delivering innovation to alternative lodging rentals (ALR) market. The Monaker Booking Engine (MBE) delivers instant booking of more than 1.2 million vacation rental homes, villas, chalets, apartments, condos and castles. MBE offers travel distributors and agencies an industry-first: a customizable instant booking platform for ALR. Monaker’s NextTrip.com B2C website, also powered by MBE, is the first to offer significant instantly-bookable ALR products along with mainstream travel products and services all on a single site. NextTrip also features rich content, imagery and high-quality video to enhance a traveler’s booking experience and assist in the search, decision and buying process for both individuals and groups. For more information, visit www.monakergroup.com or www.nexttrip.com.

Important Cautions Regarding Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties concerning the plans and expectations of Monaker Group. These statements are only predictions and actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties, some of which are out of our control. The potential risks and uncertainties include, among others, or the expectations of future growth may not be realized. These forward-looking statements are made only as of the date hereof, and Monaker Group undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. All forward looking statements are expressly qualified in their entirety by the „Risk Factors” and other cautionary statements included in Monaker Group’s annual, quarterly and special reports, proxy statements and other public filings with the Securities and Exchange Commission („SEC”), including, but not limited to, the Company’s Annual Report on Form 10-K for the period ended February 28, 2017 which has been filed with the SEC and is available at www.sec.gov.