SOURCE: HotCloud Mobile, Inc.

May 26, 2011 08:30 ET

HotCloud Announces Mobile Technology Application Development Partnership With MacroSolve

Companies to Develop Mobile Applications Under MacroSolve's Landmark Mobile Applications Patent

DALLAS, TX and TULSA, OK--(Marketwire - May 26, 2011) - HotCloud Mobile, Inc. (OTCBB: HOTM), a leading supplier of wireless products and services designed to enhance the wireless experience, is pleased to announce that it has entered into a technology development partnership with MacroSolve, Inc. (OTCQB: MCVE) (PINKSHEETS: MCVE).

MacroSolve has recently been issued a landmark patent in the mobile applications space. The patent addresses mobile information collection systems across all wireless devices including tablets, smartphones, and rugged mobile devices, regardless of carrier or handset manufacturer.

"This technology partnership will position HotCloud as one of the first vendors of licensed mobile applications under MacroSolve's new patent," stated Mr. David J. Bleeden, Founder and CEO of HotCloud Mobile, Inc. "This gives us a distinct advantage when approaching celebrities, musicians and others interested in private-labeled mobile applications, as there are no concerns about violating the existing patents. MacroSolve is currently pursuing enforcement of its patents through the courts. We are glad to be partnering with them to address this huge and growing market."

"We plan to aggressively market mobile apps and believe that the recurring revenues that will be generated will contribute substantially to HotCloud's growth," added Mr. Bleeden.

MacroSolve president and CEO, Clint Parr, added, "HotCloud is at the forefront of the mobility industry, recognizing customer needs for the next generation of mobile applications. The cooperation of our two companies, serving an expanding customer base of 500,000, is projected to contribute near-term revenues while reducing marketing and customer acquisition costs for both MacroSolve and HotCloud."

The global mobile app economy will reach $17.5 billion by 2012 and grow to $23 billion by 2015 according to a new independent report commissioned by GetJar, the second largest mobile app store in the world. The report states the number of mobile app downloads, which totaled 7 billion in 2009 will grow to 50 billion in 2012, a 92% year-over-year growth rate. U.S. businesses are expected to spend $18.7 billion on mobile apps by 2014, with $9.9 billion of this amount projected to come from small and medium sized business, according to Compass Intelligence. Wireless devices have become pervasive with 1.2 billion mobile phones to ship in 2010, resulting in a total of 6.5 billion wireless connections in 2010, as reported by IDC.

About HotCloud Mobile, Inc.

HotCloud Mobile (http://www.hotcloud.net, and http://www.hotcloudmobile.com) is a leading supplier of wireless products and services designed to enhance the wireless experience. HotCloud offers the latest products on its website, including handsets, unlocked phones, specialty accessories, as well as phone insurance and exclusive mobile applications and licensed content from its in-house design team. From music and ring tones to the latest mobile apps for business or pleasure, HotCloud is the premier destination for mobile products, content and subscription services.

Learn more about HotCloud corporate at: http://www.hotcloud.net. Follow HotCloud on Facebook and Twitter.

About MacroSolve

MacroSolve, Inc. is a pioneer in delivering mobile apps, technologies, and solutions to businesses and government. Founded in 1997, the company has an extensive network including the top name brands in wireless hardware and software as well as wireless carriers. Leveraging its intellectual property portfolio, MacroSolve is positioned to become a leader in the mobile app space, projected to become a $17.5 billion market by 2012. The company operates through its subsidiaries including Anyware Mobile Solutions and Illume Mobile. For more information, visit MacroSolve or call 800-401-8740.

Information in this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Without limiting the foregoing, the words "believes," "anticipates," "plans," "expects" and similar expressions are intended to identify forward-looking statements. The forward-looking statements may include our future operations, financial condition and prospects and business strategies. These forward-looking statements are subject to certain risks and uncertainties that could cause our actual results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in this press release or in other documents including those filed with the SEC. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.

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