Press Release Source: MacroSolve, Inc. On Thursday May 12, 2011, 7:05 am EDT
TULSA, OK–(Marketwire – 05/12/11) – MacroSolve, Inc. (Pinksheets:MCVE – News) (OTCQB: MCVE), a leading provider of mobile technologies, apps and solutions for business, today announced it has signed a three year licensing and distribution agreement with Tulsa-based SixByte Consulting. SixByte has purchased a license for MacroSolve’s DineInsight™ mobile restaurant app on an exclusive basis covering the geographic area of Northeastern Oklahoma. SixByte will market and distribute DineInsight to its growing base of restaurant clients. As a licensed distributor of Restaurant Manager™, a widely used point-of-sale system, SixByte already serves the restaurant market and will now offer DineInsight as its mobile app solution.
This agreement is consistent with MacroSolve’s strategy for rapid scaling and distribution of its patented apps. Working with SixByte in this exclusive territory enables rapid expansion of the DineInsight app without the need for MacroSolve to employ additional direct sales people. MacroSolve has been paid an undisclosed licensing fee for the exclusive geographic agreement.
“SixByte has a very forward vision on how restaurants can be supported. SixByte and its restaurant clients will have access to the best restaurant app, while being protected under our patent,” stated Clint Parr, President and CEO of MacroSolve.
“DineInsight is a tool that enables restaurants to build greater profits and brand awareness. We believe it’s a very sellable product due to its value proposition and we’re pleased to bring it to restaurants throughout our region,” added Christopher Smith, Senior Partner of SixByte Consulting.
DineInsight, powered by ReForm XT™, a patented mobile app platform, is a powerful marketing and promotion tool for restaurants, providing a custom, concept-branded mobile application for iPhones, BlackBerrys, Androids and other leading smartphone devices.
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 according to Chetan Sharma Consulting. MacroSolve 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, lack of revenue growth, 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.
Press Release Source: MacroSolve, Inc. On Thursday May 12, 2011, 7:05 am EDT
TULSA, OK–(Marketwire – 05/12/11) – MacroSolve, Inc. (Pinksheets:MCVE – News) (OTCQB: MCVE), a leading provider of mobile technologies, apps and solutions for business, today announced it has signed a three year licensing and distribution agreement with Tulsa-based SixByte Consulting. SixByte has purchased a license for MacroSolve’s DineInsight™ mobile restaurant app on an exclusive basis covering the geographic area of Northeastern Oklahoma. SixByte will market and distribute DineInsight to its growing base of restaurant clients. As a licensed distributor of Restaurant Manager™, a widely used point-of-sale system, SixByte already serves the restaurant market and will now offer DineInsight as its mobile app solution.
This agreement is consistent with MacroSolve’s strategy for rapid scaling and distribution of its patented apps. Working with SixByte in this exclusive territory enables rapid expansion of the DineInsight app without the need for MacroSolve to employ additional direct sales people. MacroSolve has been paid an undisclosed licensing fee for the exclusive geographic agreement.
“SixByte has a very forward vision on how restaurants can be supported. SixByte and its restaurant clients will have access to the best restaurant app, while being protected under our patent,” stated Clint Parr, President and CEO of MacroSolve.
“DineInsight is a tool that enables restaurants to build greater profits and brand awareness. We believe it’s a very sellable product due to its value proposition and we’re pleased to bring it to restaurants throughout our region,” added Christopher Smith, Senior Partner of SixByte Consulting.
DineInsight, powered by ReForm XT™, a patented mobile app platform, is a powerful marketing and promotion tool for restaurants, providing a custom, concept-branded mobile application for iPhones, BlackBerrys, Androids and other leading smartphone devices.
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 according to Chetan Sharma Consulting. MacroSolve 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, lack of revenue growth, 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.