Press Release Source: Monolith Athletic Club

Monolith Athletic Club Announces Allen LaVenture as Executive Vice President Friday February 24, 12:49 pm ET

MARCELLUS, NY--(MARKET WIRE)--Feb 24, 2006 -- The Monolith Athletic Club LLC. (Other OTC:MNAB.PK - News) announced today the appointment of Allen LaVenture as Executive Vice President of the company. A former professional athlete, LaVenture also has over 15 years experience in the sports management and entertainment field. "Mr. LaVenture brings a wealth of knowledge and experience to the organization both from an athlete's perspective as well as from a marketing and management side," said Adam Reznikoff, Executive Vice President and Director of the MacReport.net Inc., the parent organization of Monolith. LaVenture has worked with a variety of professional sports teams and leagues to create and develop innovative programs to increase sponsorship revenue and build fan bases and loyalty. "Professional sports need to take inventory both from an athlete's perspective as well as from management side and realize to maintain their relevance to their fans they need to go back to basics and reconnect on a grass roots level with those fans especially families and provide more than just a 'Game' or 'Match.' They need to provide an exciting affordable experience that is accessible and interactive," stated LaVenture.

About Monolith Athletic Club LLC.

Monolith Athletic Club. LLC. is a sports and recreation holding and development corporation focused on creating, managing and building strong grass roots community programs through ownership of professional soccer franchises in the United States. Monolith is currently in its initial development stage. Soccer represents the largest growing participation market segment in the U.S. The growth of the sport on the professional level is predicated on the implementation strong grass roots community involvement programs. Monolith Athletic Club's primary focus will be on building those programs to support the professional franchises. Monolith's goal is to create a "cultural phenomenon" in the United States similar to that in Europe and around the globe. By bringing the "World's game" to American youth through various athletic and education programs, Monolith intends on raising the interest and fan participation level of soccer to compete with the United States' four "major" professional sports.

This news release may include comments that do not refer strictly to historical results or actions and may be deemed to be forward-looking within the meaning of the safe harbor provisions of the U.S. federal securities laws. These include, among others things, statements about expectations of future business, revenues, cash flows and capital requirements. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to further develop its business, the company's ability to generate revenues, develop appropriate strategic alliances and successful development and implementation of its business plans, acceptance of the company's services, competitive factors, and other such risks as the company may identify and discuss from time to time. Accordingly, there is no certainty that the company's plans will be achieved.

Contact:

For more information contact: Allen LaVenture 315-673-3838

Source: Monolith Athletic Club