SOURCE: SMA Alliance, Inc.

August 23, 2011 09:00 ET

SMAA's New Product Eliminates Dealers' Dependence on Auctions

NASHVILLE, TN--(Marketwire - Aug 23, 2011) - SMA Alliance, Inc. (PINKSHEETS: SMAA) announces the launch of its new product which eliminates auto dealers' dependence on auctions, driving more opportunities at a fraction of the costs of traditional used auto inventory replenishment.

The Company expects its new product to drive its initiative to obtain 10% of the automobile dealer marketing and advertising market share. The Used Inventory Replenishment product has been in the R&D phase for over 5 months and now is ready to hit SMAA's product line-up.

"This product allows auto dealers nationwide to boost inventory replenishment and create sales opportunities by about 50% while saving as much as 60% of costs and time," stated Tony Baker, CEO.

The proprietary software and application was developed as a result of customer complaints of not being able to replenish inventory at a pace which could keep up with the sales generated by SMAA's proprietary services.

"We actually lose more clients due to a lack of ability to keep up with our sales capability. This new product eliminates that problem and boosts purchases and sales for dealers on a daily basis versus a monthly basis with the traditional auction model, used by every dealer in U.S."

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

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