Template Monster Breaks off the Agreement with Ultravertex com

Released on = July 3, 2006, 6:14 am

Press Release Author = James Berg/Template Monster

Industry = Internet & Online

Press Release Summary =
Template Monster is disappointed with Ultravertex.com's unethical business practices
and severs the agreement with this company.

Press Release Body = Brooklyn, N.Y., July 03, 2006 Template Monster, the largest
website template provider on the Web, breaks off the agreement with Ultravertex.com,
images provider.

The agreement between Template Monster and Ultravertex.com lasted for several years.
The subject of the agreement was Template Monster's purchase of an exclusive license
for website templates providers. According to this license Template Monster was able
to grant to all of their clients a free account on Ultravertex.com. Template
Monster states that the purchase of this license from Ultravertex.com was very
expensive, but that Template Monster was able to offer the free accounts with the
image provider to give an excellent bonus for Template Monster clients.

Recently Template Monster was informed that Ultravertex.com hasn't responded to
Template Monster clients' complaints. Template Monster clients report that they
have received allegations that some of the images sold by Ultravertex.com are not
owned or licensed by ultravertex.com. Template Monster did its own investigation
and found that Ultravertex.com was indeed not responding to many requests, nor would
Ultravertex.com respond to Template Monster's questions as to the exact ownership of
its images or its lack of responses to Template Monster's clients recently.
Template Monster states that it cares about its clients and the investigation will
continue for that reason. The results of the investigation thus far have shown that
some of the images Ultravertex.com sells apparently do not belong to them, so their
selling of the images has raised disputes. If Template Monster receives further
information about Ultravertex.com, from the company or other reputable sources,
Template Monster will print the information for its clients. Because
Ultravertex.com has become unreliable and is unwilling to answer Template Monster's
questions, Template Monster made the decision to break off the agreement. At this
point in time Template Monster sees no other way to solve these issues but by going
to court.

"We are extremely upset with this situation," says David Braun, CEO of Template
Monster. "The free account with the image provider was a great bonus for our
clients. Unfortunately, we have no other choice but to break off this agreement in
order not to mislead up our clients. We are very sorry about the situation but we do
promise to provide a similar bonus for all of our clients as soon as possible."

Currently Template Monster has removed all the links to Ultravertex.com from its
website. And Template Monster strongly recommends to all of its clients not to use
any images from Ultravertex.com.

About TemplateMonster.com

TemplateMonster.com - is a first-rate E-commerce company. Template Monster was
started in 2002 as a project of Artvertex, Inc.(in no way affiliated with or ever
connected to Ultravertex.com). Template Monster was the first company to offer
high-quality website templates. TemplateMonster.com enjoys more than 30,000 unique
visitors daily, and consistently numbers among the top 1,000 most popular websites
on the Internet.



Web Site = http://

Contact Details = James Berg
Public Relations Manager
Artvertex, Inc.
e-mail: james@templatemonster.com
ph. 1-917-477-0358
http://www.templatemonster.com

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