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SMA Alliance and Carstir.com Form Strategic Alliance


Published on 2011-10-28 13:08:50 - Market Wire
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October 28, 2011 16:00 ET

SMA Alliance and Carstir.com Form Strategic Alliance

DALLAS, TX--(Marketwire - Oct 28, 2011) - SMA Alliance (PINKSHEETS: [ SMAA ]) is pleased to announce that another major alliance has been formulated. Carstir.com is the latest major Corporation linking a strategic alliance with SMA. Based in San Diego, California, with an additional office in Newport Beach, [ www.carstir.com ] is an auction house that has developed a solution that monetizes dealer-to-dealer inventory transactions. Their current and ever growing network of over 300 active dealers, along with their recent partnership with Manheim Automotive, has made them one of the largest and most effective online dealer to dealer auction sites thus far! SMA Alliance has partnered with Carstir.com to not only bring the company FULL CIRCLE with their dealers, but to help expand the Carstir.com brand across the country.

Mr. Baker stated, "I'm extremely proud of the SMA team! We have continually shown positive results within the automotive sector. Because of this, organizations such as Carstir.com feel confident in forming an unparallel alliance." Mr. Baker stated in closing, "This alliance creates another building block in a towering foundation for SMA. Shareholders of SMA will continue seeing progress in SMA making their investment decision sounder."

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.