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$SRCO Sparta Commercial to Increase Focus on Rapidly Growing Mobile App Market

Sparta Commercial Services, Inc. (SRCO), a leader in the development, management, and servicing of custom mobile applications, today announced that it has changed the name of its wholly-owned subsidiary Specialty Reports, Inc. to iMobile Solutions, Inc. The new name and relaunch of its mobile app business better reflects the Company’s focus on the fast-growing business mobile application market.

Company to Increase Focus on Multi-Billion Mobile App Users

http://www.globenewswire.com/NewsRoom/AttachmentNg/88c12957-002b-4a8b-bc72-02cc5b68352c

Since its formation, Sparta Commercial’s wholly-owned subsidiary, iMobile Solutions, Inc. has developed some of the industry’s leading and innovative mobile applications across a wide variety of businesses and industries. However, despite the rapid growth of the market, there remains a large void in the industry for small and medium-sized businesses looking for an easy-to-use and cost-effective mobile app solution. The Company believes that targeting this niche market with its state of the art technology and subscription-based business model should enable the Company to experience significantly faster growth and expansion in the forseeable future.

Anthony Havens, Sparta’s CEO stated, “The rebranding and relaunch of our mobile app development business is a clear reflection of the success we are having in developing some of the most innovative and user-friendly mobile apps for small and medium-sized businesses, one of the largest, yet most neglected, sectors in the business community that could benefit tremendously through the use of our mobile apps. We believe our new iMobile Solutions name better aligns us with the continued growth we are experiencing in the mobile app industry and are truly excited to see the market’s rapid acceptance and adoption of our technology,” concluded Mr. Havens.