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Tuesday, March 20, 2012 1:37:21 AM
March 19, 2012 16:32 ET
SMA Alliance Launches New Platform and Issues Shareholder Updates on Corporate Activity
NASHVILLE, TN--(Marketwire - Mar 19, 2012) - SMA Alliance, Inc. (www.smaalliance.com) (PINKSHEETS: SMAA) is pleased to announce the full launch of an additional platform developed by Mr. Timothy Stephens, CEO of SMA Alliance. This new platform allows dealers to take advantage of the customer generation abilities of SMA's current software without the monthly flat rate fee. Increase in dealer participation is already being realized by the company and the new platform makes the software affordable to smaller dealers that do not have large advertising budgets. "By going to this sales model, we feel we have increased our client market dramatically and SMA Alliance feels they can easily double their sales this year. As the product develops, dealers will also have the ability to manage their own inventory with user friendly software," stated Mr. Stephens.
Currently, continuation of progress is in full motion as Q1 nears the end. Moving into Q2, SMA Alliance is positioned well within the market to exceed estimated yearend earnings. In addition, former CEO and current Chairman Anthony Baker is diligently acquiring new verticals for revenue growth for SMA Alliance. As previously reported, SMA has an exclusive agreement with International Gold Exploration (IGE). This agreement allows SMA and IGE to secure rights to gold leases internationally. IGE is currently looking at additional joint ventures that could be materialized in the near future. More information on SMA's developments with IGE will be released as progress continues.
SMA is also excited to report the development of ibarlive. "This is one of our most anticipated launches ever. Management of this new development is being structured so that there will be NO conflicts with existing business operations. All of the new developments bring additional value and revenue to SMA Alliance as well as building stronger shareholder confidence," stated Mr. Baker.
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 Information
Contact:
SMA ALLIANCE, INC.
Investor Relations
1.888.330.6623
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