SOURCE: MacroSolve, Inc.

MacroSolve, Inc.

April 14, 2011 07:04 ET

MacroSolve's Illume Mobile Division Signs Three More Contracts; Growing Recurring Revenues From Mobile Apps

TULSA, OK--(Marketwire - Apr 14, 2011) - MacroSolve, Inc. (OTCQB: MCVE) (PINKSHEETS: MCVE), a leading provider of mobile technologies, apps and solutions, today announced its Illume Mobile division has signed contracts to design, build and launch three new mobile business apps with three customers.

Leveraging its rapid development platform, Illume Mobile creates go-to-market custom mobile business apps with customers. Illume Mobile delivers completed apps for a development fee and then continues to support the app by providing ongoing technology, business and marketing expertise, in exchange for a share of the app's revenues. Illume Mobile becomes a business partner building a long term relationship that thrives on the growing adoption rates of apps by businesses and their end users.

Illume Mobile has been engaged by two companies to create custom apps for end users. These companies are launching apps that will appeal to a broad audience of users with unique and compelling content and services. The apps, developed by Illume Mobile, will be available on the Apple and Android app stores.

Additionally, a property services company has contracted with Illume Mobile to create a custom business tablet app that will replace paper based systems. This app will eliminate data entry errors, reduce labor costs, and shorten billing cycles. Replacing paper based processes has been a key component of numerous custom business apps built by the Illume Mobile team. Illume Mobile will also participate in revenue share as this app is sold by the property services company and used by a growing number of companies in the property services industry.

MacroSolve president and CEO Clint Parr commented, "Illume Mobile's rapid development platform and market expertise in the space makes us the standout choice for companies that want a long term partner in creating, launching, and managing app solutions. Our business model that combines reasonable development fees with a participation in gross revenues from mobile apps is a win-win situation for us and our business partners."

MacroSolve and Illume Mobile's suite of app technologies are covered by the company's U.S. Patent No.7,822,816.

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 (http://www.goanyware.com) and Illume Mobile (http://www.illumemobile.com). For more information, visit MacroSolve (http://www.macrosolve.com) or call 800-401-8740.

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This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, monetization of our intellectual property, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.

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