SMA Alliance, Inc. (SMAA)

[SuperC]

SMAA look out above. acquires http://www.cars.net/

SMA Alliance Signs Definitive Agreement to Acquire CARS.NET
3:55p ET September 19, 2012 (Market Wire)

SMA Alliance (PINKSHEETS: SMAA), a marketing provider of automotive lead distribution, has signed a definitive agreement to acquire CARS.NET, an immense automotive website with a user-friendly interface that enables customers to search and research vehicles in their local area. This acquisition will enable SMA to supercharge the CARS.NET ecosystem and will enhance competition in the automotive advertising sector.

CARS.NET currently contains 13,171 unique automobile dealership inventories, not including SMA's current client inventory base. According to the definitive agreement, SMA's software will be incorporated into the CARS.NET platform to integrate up to five million unique viewers per month.

CEO Timothy Stephens's states: "SMA with CARS.NET is a very important milestone for our company. This acquisition elevates SMA's position in the automotive market to be recognized as one of the largest automotive advertising platforms available to dealership franchises and manufacturers."