SOURCE: SMA Alliance, Inc.

SMA Alliance, Inc.

July 14, 2011 11:53 ET

New Sales Force Contracts $416,400 in Annualized Revenue in One Day

NASHVILLE, TN--(Marketwire - Jul 14, 2011) - SMA Alliance, Inc. (PINKSHEETS: SMAA) announces the commencement of its new sales force contracting $ 416,400 annualized revenue in one day.

The new business revenue for SMA Alliance only increases market share by basis points, however it is contributory towards the goal of 3% market share ownership, as mentioned in yesterday's press release to our shareholders and stakeholders.

"Yesterday's new business is indicative of what our sales department is capable of and from here we only grow," stated Anthony Baker, CEO of SMA Alliance. Mr. Baker.

Regarding the growth of SMA Alliance, Mr. Baker also stated: "We have averaged a new business growth of about $200,000 per week over the last 7 weeks. Now I believe that should be accomplished by lunch every day, which we rarely take."

The CEO is planning a conference call to discuss the impact of this growth on the company for Monday, July 18th. The time of the call is TBA.

SMA Alliance, Inc. (SMAA) is a software and application company aggregating local buying demand for businesses.

This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, the risks and uncertainties described in the Company's filings on Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of statements in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.

Contact Information

  • Contact:
    SMA Alliance, Inc.
    Telephone: 888.330.6623
    E-mail: Email Contact