SMA Announces Management Restructure for Revenue Shift

Marketwired

NASHVILLE, TN--(Marketwired - Jun 13, 2013) - SMA Alliance Inc. (PINKSHEETS: SMAA) would like to announce to its shareholders and investment community a management restructuring to occur within the next 60 days. As SMA has completed its successful beta testing, the focus of the company will, once again, be turned towards sales and revenue generation. In order to execute these results, certain officers will be stepping aside, as planned, but will continue to be of benefit to the company to complete all necessary procedures deemed important to SMA's growth and success, including, but not limited to evaluation of all current and pending contracts. These changes will allow SMA to resume their goal of optimizing revenue and creating shareholder value in the best interest of the company.

With the revenue sales model, SMA's management conservatively estimates a growth of 1,800 dealers within eleven weeks, ranging from $397 to $1197 monthly service options, equating to a range between $714,600 and $2,514,600 monthly revenue. "We are excited about finally entering the revenue stage now that our software is finally released and fully running," stated Troy Martoccia, CFO of SMA Alliance, "It's been a very long, painstaking process to create and tune our offerings, but with our ability to drive eyes to listed dealers' inventories, we believe we can be a difference-maker immediately for our new client dealerships."

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.

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:
Investor Relations
SMA Alliance
Email Contact
View Comments (0)