LAS VEGAS, NV--(Marketwired - Aug 14, 2017) - Momentous Entertainment Group, Inc. ("Momentous") (OTCBB: MMEG), an online
social media network company vertically organized into four business areas: social networking, social gaming, ecommerce consumer
products and services, and OTT streaming media content creation and distribution, announced today that it has executed agreements
and completed initial funding to acquire BLACKFOX.IO ("BLACKFOX").
Blackfox.io is a leading mobile advertising network with a strong worldwide affiliate network with historical revenues over
the past four years having topped $2.5 million annually. Blackfox experienced explosive growth in 2016 with over a dozen
premium and big-budget advertising customers such as Symantec (owner of Lifelock), Tiger Media Inc, Cliq Digital (all three
companies are publically listed with revenues over $300M). These and other direct Blackfox customers have used the Blackfox
platform to run major mobile ad sales campaigns for such companies as Walmart, Nutri-Systems, Old Navy, LivingSocial, Amazon,
GoDaddy, Macy's, LendingTree and others. Blackfox has a unique competitive advantage in that their customers only pay for
performance on successful installs or generated purchases. In addition, Blackfox clients are allowed to pay on credit terms
(after a credit check). This allows our advertising partners to significantly grow their business when using the Blackfox
advertising platform. With mobile advertising on the rise, Blackfox is well positioned to offer advertisers a risk-free
opportunity to capitalize on this growing niche. The biggest opportunity readily available to Momentous is Blackfox's
ability to quickly scale as Blackfox has hundreds of worldwide pending affiliates' applications wanting to use and make money via
the Blackfox ad platform.
What makes Blackfox an extraordinary purchase is at the heart of this company is its strength in digital marketing. This
acquisition will heavily fuel our advertising campaigns for our current and future portfolio of products to achieve double digit
revenue growth.
In business since 2014, with 10 employees, Blackfox continues to thrive and has seen extraordinary growth since its inception.
Since 2014, the company has had consistently growing recurring revenue. With mobile advertising now on the rise, Blackfox
provides a risk free service to help well established and new companies significantly grow their customer base by only paying for
the successful performance of their product promotion and advertising. Blackfox was recently selected by MOBYAFFILIATES (a
leading mobile advertising and app marketing news site and directory) as one of the Top Mobile Affiliate Networks of
2017. Along with the acquisition, Todd Rambilas, Blackfox's founder and CEO, has agreed to join Momentous on a contract
basis to smoothly transition the business, lead and grow sales and continue enhancement of the company's proprietary technology
platform going forward. In addition, Todd's expertise, industry contacts and knowledge of the mobile advertising market will be
invaluable in assuring the Blackfox's continued success and growth.
Momentous CEO Kurt Neubauer stated, "This brings to a completion, our third acquisition to Momentous and adds yet another
worldwide revenue stream to enhance our overall top and bottom line revenues. Momentous is utilizing both sides of the
market equation, having a large worldwide base of social media subscribers and customers and identifying and acquiring ecommerce
and other products and services that will appeal to those user bases. We are continuing to work our acquisition model
and expect to continue this process throughout the year."
About BLACKFOX
Blackfox.io (http://www.blackfox.io) is a unique mobile ad network
company that has been silently innovating the performance digital marketing sector by delivering highly qualified sales and leads
to our trusted clients. Blackfox's team has combined over 20 years' experience in the performance marketing space and within that
time frame they've generated millions of dollars for their clients. They work with their clients to create tailored marketing
campaigns to find the perfect audience.
About Momentous Entertainment Group (MMEG)
Momentous Entertainment Group, Inc. (MMEG) is an online social media network company. It is vertically organized into four
business areas: social networking, social gaming, ecommerce sold consumer products and services, and OTT
(Over-The-Top) streaming media content creation and distribution.
With millions of online registered users worldwide, Momentous' value proposition serves multiple stakeholders: 1) Social
network users, 2) OTT streaming content users, 3) Online gamers, and 4) Consumers looking to buy products and services through
our ecommerce portal and our social network.
Please note the Company may use social media to communicate with the public. This communication may include information that
could be deemed material information. As a result, the Company encourages interested parties to review the information that it
posts on the following social media channels: Facebook (https://facebook.com/momentousent13), Twitter (https://twitter.com/momentousent13), and LinkedIn (https://www.linkedin.com/company/15878606).
To learn more, visit Momentous Entertainment Group's websites:
Corporate Site www.momentousent.com, Music Site www.momentousmusic.com, and Music One Corp www.music1.biz.
Forward-Looking Statements
This press release may contain forward-looking statements, including information about management's view of Momentous
Entertainment Group Inc's (MMEG) future expectations, plans and prospects. In particular, when used in the preceding discussion,
the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to
identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an
action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and
other factors, which may cause the results of MMEG to be materially different than those expressed or implied in such statements.
These risk factors and others are included from time to time in documents MMEG files with the Securities and Exchange Commission,
including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have
material adverse effects on MMEG's future results. The forward-looking statements included in this press release are made only as
of the date hereof. MMEG cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you
should not place undue reliance on these forward-looking statements. Finally, MMEG undertakes no obligation to update these
statements after the date of this release, except as required by law, and also takes no obligation to update or correct
information prepared by third parties that are not paid for by MMEG.