SOURCE: SMA Alliance

SMA Alliance

June 07, 2012 12:22 ET

SMA Alliance Signs Letter of Intent With Large Automotive Manufacturer

NASHVILLE, TN--(Marketwire - Jun 7, 2012) - Strategic Marketing Alliance, Inc. (PINKSHEETS: SMAA) is excited to inform shareholders that it has signed a letter of intent with a large automotive manufacturer for nationwide Internet marketing placement services on USAutoplex. After eight months of negotiation, the contract agreement is being reviewed by the legal and public relation departments before more information is released. The organizations involved are working diligently to finalize agreements in a timely manner. Information will be released as soon as the legal departments grant consent.

Timothy Stephens, CEO of SMA, stated, "It is apparent that our shareholders are able to see the potential that SMA is showing. Our latest LOI, as well as the several contracts currently being negotiated, show that SMA's outlook is very strong. I am very excited about the future of our company."

Mr. Stephens also added, "With our implementation of and our other revenue verticals, SMA has been able to increase our client base by making our products able to be utilized by larger manufacturers and dealers. These signs of continued growth and sustainability have strengthened the foundation of SMA."

SMA Alliance, Inc. operates as a software application company and provides marketing and advertising solutions by targeting Internet applications focused on lead generation. SMA client base includes retailers and manufacturers by steering live buyers to clients through conversion of online product interest. By using its managed system technologies, SMA consistently provides buying demand on a daily basis for clients through application and continued development of their proprietary technology systems.

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:
    Investor Relations