SOURCE: Market & Research Corp.

January 06, 2011 13:15 ET

Market & Research Corp. (MTRE.BB) Signs New LOI

WESTPORT, CT--(Marketwire - January 6, 2011) - Market & Research Corp. (the "Company") ("MRC") (OTCBB: MTRE), today announced that the Company has signed a Letter of Intent to acquire Carlene Data Collection, Inc. Gary Stein, President of the Company, commented, "Carlene Data Collection, Inc. ("Carlene") is a well established research firm based in Chicago, Illinois, and will expand our national exposure into the Midwest region, in addition to our previously announced agreements to acquire Precision Opinion, Aspen Media and InMarketing Group." He further added, "Carlene is a mall intercept data collection business that has 24 mall locations throughout 18 states. They also have test kitchens in several locations, in order to support the food industry."

Mr. Stein closed his remarks by stating, "Collectively, the four companies generated nearly $21M in total revenues for 2010 and all were significantly profitable. This confirms that the companies acquired will help insure MRC as a significant player in the research and data compilation market, as well as company incentive programs."

Further announcements of the Company's business plan will be provided as developments occur.

About MRC Group Ltd. ("MRC")
MRC currently has agreements to acquire Precision Opinion, InMarketing and Quantum.

About Precision Opinion
Precision, which is to be acquired by MRC, provides consumer research services to the entertainment industry, non-governmental organizations and political polling services.

About InMarketing
InMarketing, which is to be acquired by MRC, is a leader in the incentive industry through the deployment of its exclusive, database-driven, web-enabled application to reward program strategies. InMarketing develops sales incentive programs, a safety incentive program, service award, recognition programs or customer loyalty programs for its customers.

About Quantum
Quantum, which is to be acquired by MRC, provides consumer research services to the telecommunications, automotive, healthcare, banking and cable industries and provides a circulation and research service for Business-to-Business for these same industries.

Forward-Looking Statements: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the Company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. The Company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.

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