MacroSolve (MCVE) News Report


MacroSolve (MCVE) News Report

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    MacroSolve’s Illume Mobile Division Signs Two New Contracts for Custom iPad Apps
    Tablet Apps Creating Efficiencies for Growing Client List

    Press Release Source: MacroSolve, Inc. On Thursday March 24, 2011, 7:09 am EDT
    TULSA, OK–(Marketwire – 03/24/11) – MacroSolve, Inc. (Pinksheets:MCVE – News) (Pinksheets:MCVE – News), a leading provider of mobile technologies, apps and solutions, today announced its Illume Mobile division has signed two contracts for custom iPad apps. Customers include a leading national pharmaceutical company and a regional office equipment distributor.

    A national pediatric pharmaceutical company has purchased Illume Mobile’s SaleSentral™ mobile software platform. SaleSentral will be customized, enabling pharmaceutical sales consultants to use their iPads to educate physicians about the company’s products. The customized SaleSentral app will also serve as a new training tool for the pharmaceutical company to train its sales consultants.

    Illume Mobile has also been contracted to develop a custom iPad app for a regional office equipment distributor to collect and compare data during pre-sales site surveys. The app will create digital visualization and usage reports resulting in greater efficiencies for both the office equipment distributor and its customers.

    “Apps on tablets are fundamentally changing the way business is conducted, particularly in location-based functions like outside sales. We are seeing growing interest, inquiries, and demand from across a number of industries for our SaleSentral software platform and our custom app development services,” stated Illume Mobile’s Vice President of Business Development, Brett Williams.

    MacroSolve president and CEO Clint Parr added, “Illume Mobile has an extensive list of prospects that are looking to benefit from its custom mobile app development capabilities. We expect to see further acceleration in the number of contracts signed and services delivered. In addition to contributing significantly to our revenues, Illume Mobile is simultaneously serving as an engine for new technology development for MacroSolve.”

    SaleSentral and MacroSolve’s suite of app technologies are covered by the company’s U.S. Patent No.7,822,816.

    About MacroSolve

    MacroSolve, Inc. is a pioneer in delivering mobile apps, technologies, and solutions to businesses and government. Founded in 1997, the company has an extensive network including the top name brands in wireless hardware and software as well as wireless carriers. Leveraging its intellectual property portfolio, MacroSolve is positioned to become a leader in the mobile app space, projected to become a $17.5 billion market by 2012. The company operates through its subsidiaries including Anyware Mobile Solutions (http://www.goanyware.com) and Illume Mobile (http://www.illumemobile.com). For more information, visit MacroSolve (http://www.macrosolve.com) or call 800-401-8740.

    Safe Harbor Statement
    This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, monetization of our intellectual property, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements.

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