SOURCE: SMA Alliance, Inc.

December 15, 2011 14:33 ET

Automotive Veteran Timothy Stephens Takes the Wheel of SMA Alliance as Newly Appointed CEO

NASHVILLE, TN--(Marketwire - Dec 15, 2011) - SMA Alliance (PINKSHEETS: SMAA) is pleased to announce that the Board of Directors unanimously appointed Mr. Timothy "Car-Czar" Stephens as Chief Executive Officer of SMA Alliance, Inc. Mr. Stephens is a forty two year veteran in the automotive industry as well as a seasoned professional in the business world. Being a part of SMA from the day of inception along with his automotive resume, Mr. Stephens has the knowledge and leadership capabilities needed to continue driving the successful, SMA organization for years to come.

Mr. Anthony Baker resigned his position as CEO after two successful years at helm. Mr. Baker will remain on the Board of Directors as Chairman of the Board for SMA Alliance, Inc. Over the past several weeks, exploration and implementation of new vertical developments have increasingly shown signs of advancement. Due to these advancements, the Board of Directors unanimously voted that it would be in the best interest of the company to allow Mr. Stephens to take control of the driving force behind SMA while Mr. Baker focuses on other exciting, business developments.

SMA Alliance is also pleased to announce Mr. Troy Martocia as the new Chief Operating Officer. Mr. Martocia has incredible record with SMA leading the sales and marketing team as well as overseeing dealer affairs. Mr. Martocia has 23 years of experience in the automotive industry being an owner, GM, GSM and other well qualified positions making him an honorable choice as the new Chief Operating Officer of SMA Alliance.

Mr. Timothy Stephens stated, "I want to make it perfectly clear to our shareholders that even though postions and titles have changed, SMA Alliance has not! Our focus and determination will continue, our goals for 2012 we be met, and our company will continue to be profitable."

Cautionary Statement:

Certain statements contained in this press release are "forward looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guaranties of future performance and actual results may differ materially from those forecasted.

Contact Information

  • Contact:
    Timothy Stephens
    CEO
    949-891-7279