SOURCE: SMA Alliance

February 26, 2013 11:01 ET

SMA Alliance Enter Into Joint Venture Agreement With Classifiedride.com

NASHVILLE, TN--(Marketwire - Feb 26, 2013) - SMA Alliance Inc. (PINKSHEETS: SMAA) is excited to announce that they have entered into a joint venture agreement with Classifiedride.com, a hyper-growth web portal for (primarily) automotive sales.

Classifiedride.com is an automobile sales and marketing website that currently lists over 725,000 vehicles daily and hosts over 1.7 million registered users. The company has built up their online presence quite rapidly and have embraced the "Global Market" concept. With this, they are effectively building their calling card; which is to be the premier listing site for buying and selling vehicles on a global platform. Their listings include cars, trucks, motorcycles, and RV's as well as smaller markets in the boating and ATV field. What separates Classifiedride.com from the competition will be the use of their ground-breaking Instapost software that is a social media game changer. Also, their dealer review section will be both a directory to the best dealers available, and also an online forum where buyers can share their experiences and read others. Another great tool is the ability to offer buyers access to new cars through dealer clearance pricing. This helps Classifiedride cater to those automotive buyers who don't or won't buy a pre-owned vehicle. Plus, with the available credit facility right on the site and its lightning-quick loan decisions online while customers wait, most customers' needs can be fulfilled in one central place.

While Classifiedride is bringing the site and its ease of use, SMAA is providing the back end platform which utilizes SMAA's state of the art listing technology and advertising prowess. SMA Alliance intends to build up its international presence with this access to brand new markets and also further expand their lead outreach programs through this partnership with Classifiedride.com.

Tim Stephens, C.E.O. of SMA Alliance stated, "Classifiedride.com is a perfect fit for SMA Alliance to partner with. Their front end technology coupled with SMA Alliance is an explosive match in the lead generating industry. Their growth in the foreign marketplace will be a key in our overall growth as well. These milestone achievements will allow us to compete head-to-head with industry darlings such as AutoTrader. To simply say we're excited is a gross understatement -- we are ecstatic!"

About SMA Alliance

SMA Alliance's technology acts as a lead generator rather than a lead provider. This means instead of driving customers to a corporate website, a dealer's entire inventory is placed in ads that are placed on classified websites with the highest consumer traffic to gain the most exposure in Internet advertising.

Some of the sites that SMA feeds include Craigslist, Backpage and eBay Classifieds, Oodle, AOL Autos, cardomain.com, lemonfree.com, Walmart Classifieds, web2carz.com, Military.com Classifieds and Overstock.com.

Safe Harbor Statement: This news release includes forward-looking statements pertaining to future anticipated projected plans, performance and developments, intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Any statements on this news release that are not statements of historical fact should be considered forward-looking statements. These forward-looking statements generally can be identified by phrases such as "believes," "expects," "anticipates," "foresees," "forecasts," "estimates," "intends," or other words or phrases of similar import. Similarly, statements in this news release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

Contact Information

  • Contact:
    SMA ALLIANCE, INC.
    Investor Relations
    1.888.330.6623