NASHVILLE, TN--(Marketwired - Sep 26, 2013) - SMA Alliance Inc., (PINKSHEETS: SMAA), a leading advertising solution provider in the automotive sector, today announced the Board of Directors appointment of Mr. Troy Martoccia as the new Chief Executive Officer. The formal transition will take place in the coming weeks.
"Mr. Martoccia has been promoted from his previous role as Chief Operating Officer based on his 25 years of focus on lead generation and automotive digital marketing within the automotive sector. Mr. Martoccia holds the breadth and depth necessary to manage the future growth opportunities that SMA Alliance stands ready to address," stated Anthony Baker, Chairman of the Board of Directors. Mr. Baker continued by saying, "Mr. Martoccia will be taking over for Mr. Timothy Stephens, who served SMA Alliance as a steady and diligent professional during a critical time of transition. We thank him for his service and many contributions."
"As we move forward with software development and re-enter the marketplace as a high-growth service driven company, we anticipate expanded top line growth as well as a higher 'profit per/X' across all of our assets. With the company's expansion into additional market verticals and larger service marketplaces, properly managing internal cost growth, capital expenditures, and driving asset velocity cannot be understated. The opportunity to move SMA Alliance through this next, and critical growth phase, is a challenge I welcome and feel confident to take this leadership role," said Mr. Martoccia.
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