nice news a/h
SMA Alliance to Triple Sales in 2012 Reaching Estimated 30 Million Dollars in Revenue
NASHVILLE, TN, Dec 13, 2011 (MARKETWIRE via COMTEX) -- SMA Alliance (PINKSHEETS: SMAA) announced today that the forecasted sales for 2012 are estimated at an astonishing 30 million dollars annually. Earlier in December 2011, a contract was signed with a manufacturer valued at 6 million dollars in additional revenue for SMA Alliance.
During the first quarter of 2012, SMA Alliance will not only begin the implementation process of the newly developed vertical, the real estate model, but will also be attending the annual NADA convention in Las Vegas, Nevada. This convention alone opens doors for SMA to sign 75 plus dealers over a 4 day period significantly increasing annualized revenue. Also in 2012, another model being developed is a vertical for the educational sector. This vertical stems from a major online university showing expressed interest in the SMA platform. All of this combined with sustained current company sales should undoubtedly increase total company growth by more than 400% in 2012.
Mr. Anthony Baker, CEO of SMA Alliance, stated, "As other year end of business approaches, I'm watching SMA fundamentally grow in every aspect of business. This year alone, we've accomplished so much. Our sales and marketing team have driven our sales to levels never excepted. Our technical staff created more efficient ways of vehicle listings, all while our back office picked up the pace to handle the new business. 2012 is definitely a year to keep an investment eye on SMA Alliance."
Safe Harbor Statement:
This news release includes forward-looking statements pertaining to future anticipated projected plans, performance and developments, intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Any statements on this news release that are not statements of historical fact should be considered forward-looking statements. These forward-looking statements generally can be identified by phrases such as "believes," "expects," "anticipates," "foresees," "forecasts," "estimates," "intends," or other words or phrases of similar import. Similarly, statements in this news release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Contact:
Anthony Baker
CEO
949-891-7279
SOURCE: SMA Alliance, Inc.
Copyright 2011 Marketwire, Inc., All rights reserved.
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