$SMAA .205 SMA Alliance Signs Letter of Intent Wi
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$SMAA .205 SMA Alliance Signs Letter of Intent With Large Automotive Manufacturer
NASHVILLE, TN, Jun 07, 2012 (MARKETWIRE via COMTEX) -- 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 iautobuzz.com 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."
About 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.