Template Monster Breaks off the Agreement with Ultravertex.com

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.