Novae and myEcon have finalized details of a merger to take effect on October 1, 2016.

Since Novae's inception in 2014, the company has focused on Lifestyle Enhancement, offering products and services to enhance individuals' lives in all areas. The merger with myEcon, founded in 2005, allows Novae to streamline their focus to myEcon's specialty, Wealth Creation through a concept myEcon refers to as "Income Shifting". With hundreds of millions of Americans looking to improve their financial situation, Novae and myEcon are poised to become industry leaders within this category.

"This is not only going to be great for both companies, but a major home run for the Independent Business Owners of Novae as well!" states Reco McDaniel, Novae President & CEO. McDaniel further explains, "This merger allows our IBOs to have an enhanced opportunity from day 1. The top level enrollment fee for new IBOs is decreasing from $499 to $199, which lowers the barriers of entry. The compensation payout is significantly increasing as well, allowing IBOs to potentially earn thousands of dollars weekly for sharing the new opportunity. Novae's monthly membership fee of $99.95 is now being reduced to $34.95 through the merger and will provide IBOs with increased value and services!"

myEcon's Financial Success Membership includes a Cashflow Manager Software, Identity Theft Protection, Free & Discounted Legal Services, Tax Advice Service & Preparation, and Identity Theft Prevention. Novae will add Novae Perks, Novae Library, and Novae Travel to this membership and at no additional cost to current myEcon and Novae IBOs. In addition to the membership, Novae Roadside Companion, Sprayology, and Novae Money will also be added to myEcon's product offerings.

Ivey Stokes, Founder of myEcon, also sees the merger as a major win for his company. Stokes states, "Over the last few years, myEcon set company goals to improve marketing, become mobile, and begin to attract a younger demographic. For more than a decade, our company has attracted tens of thousands of Baby Boomers across the country and we have been successful. This merger allows us to capitalize on Novae's strengths which help us accomplish our goals in short order."

With the release of Novae Connect, Novae's mobile application, in August, both companies are excited about smart phone technology being married with this newly enhanced opportunity. In October, all of the IBOs of myEcon and Novae will now have access to this application, which is sure to generate momentum for these companies and make the industry take notice.

Multi-Million Dollar Earner and Top Industry Trainer Brian Beane is excited about this merger and has decided to come out of retirement to join these two powerhouses to create something special. Beane exclaims, "It's not often that you have 2 company owners that have collectively built multi-million dollar companies decide to come together for the benefit of their companies and communities so everyone wins! This may very well be the greatest merger in the history of the Network Marketing industry!"

myEcon and Novae's executive teams will begin efforts to blend corporate leadership. Over the next several months, the companies will continue to take steps to integrate systems, marketing, organizations, and culture to create a huge conglomerate that will change the lives of millions across the country.