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Huge Alert On: (OTCBB:LYRI) - (OTCBB:MBDE) - (OTCBB:MCVE)
(M2 PressWIRE Via Acquire Media NewsEdge) Rochester NY -- www.otc-advisors.com names (OTCBB:LYRI) Lyris, Inc. , (OTCBB:MBDE) Morris Business Development Co. , and (OTCBB:MCVE)MacroSolve Inc. , its "Bulls Of The Day"!
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About Lyris, Inc.
Lyris, Inc. (OTCBB:LYRI) is the first online marketing solution provider to integrate email marketing with diverse online marketing channels to create more efficient and effective marketing organizations. The company's flagship offering, Lyris HQ, is an all-in-one online marketing solution that combines email marketing with search, social and mobile channels, enhanced by embedded deliverability and Web analytics. Lyris HQ provides online marketers actionable insights that help them make intelligent decisions and improve results. Clients include American Apparel, Body Glove, British Museum Company Ltd., Minnesota Timberwolves, PC Recycler, and Student Advantage. For more information, visit www.Lyris.com.
Recent News :
EMERYVILLE, Calif., Apr 13, 2010 -- Lyris, Inc. (OTCBB:LYRI), the online marketing expert, today announced that it has raised an aggregate of $6 million through a private placement of its common stock to two existing shareholders. Lyris sold 18,181,818 shares at $0.33 per share, and intends to use the proceeds of the financing to reduce existing indebtedness and to fund its expansion plans.
"We have experienced continued market adoption of Lyris HQ, our industry-leading online marketing platform, and the proceeds from this transaction will enable us to accelerate our market development efforts. This will include an expansion of our sales force and marketing programs both in the U.S. and in international markets," said Luis Rivera, chief executive officer.
Rivera also said that as a result of this transaction the company expects to renegotiate the terms of its current credit agreement with Comerica Bank. "We believe this infusion of capital will enable us to amend our credit agreement and incorporate more favorable terms. By revising the financial covenants that require certain levels of cash flow, we will now gain the flexibility to pursue what we believe are substantial near-term growth opportunities for the company," he noted.
He continued, "With Lyris HQ, we have brought to market an integration between email marketing and other aspects of online marketing that is both powerful and unmatched. This funding will enable us to capitalize on what we see as an exciting opportunity to accelerate our growth rate."
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About Morris Business Development Co.
Morris Business Development Company provides services for the development and growth of American public and private stock companies primarily in the United States. It offers financial and management consulting services, including debt and equity financing, strategic business plan development, and productive assets; management personnel and other resource acquisition, including licensing, partnering, distributor, and joint venture relationships; preparation for growth funding and financial restructuring; preparation and guidance for going public and remaining an efficient compliant public company; investor exposure and market trading support; and exit strategy with tax planning, as well as professional and life coaching. The company also provides electronic media duplication, replication, and packaging services for compact disks (CDs) and digital video disks (DVDs). It primarily duplicates customer's prerecorded electronic media programs, which are used for education, promotion, and documentation of the portfolio client's company, products, or services. The company was formerly known as Electronic Media Central Corporation and changed its name to Morris Business Development Company in March 2007. Morris Business Development Company was founded in 1996 and is based in Redondo Beach, California.
Recent News :
VENICE, CA, Apr 13, 2010 -- Morris Business Development Company (OTCBB: MBDE) has signed an Agreement with Video Army, LLC to collectively provide strategic media services and institutional financial services to American companies. Dr. George Morris states, "MBDE is an SEC reporting company. Congress directed Business Development Companies (BDCs) to help both privately owned, and thinly traded public companies succeed." The BDC provides access to capital and managerial support. This statutory mandate benefits both the client company and the BDC.
Video Army will provide broad access to Internet markets previously out of reach for most client companies.
George Moseman, CFO of Video Army, is an investment banker and believes this is a time of great opportunity for early adopters. Moseman states, "More than 50% of all purchasing and investment decisions in the U.S. are made using the Internet, and that number will only grow dramatically. We are in the right place at the right time, with the right products. Video is simply the most effective marketing medium available today." Video Army provides end-to-end video marketing services including: production, distribution, advertising, social media, and web design.
The power of Video Army's partnership with Morris Business Development Company is that it can make a significant impact for client companies, increasing their operating performance while creating high market exposure.
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About MacroSolve
MacroSolve, Inc. is a pioneer in delivering mobile apps 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 carriers. MacroSolve's mission is to become the leader in delivering mobile business apps, a market projected to grow by double digits to $11.6 B by 2012. The company operates through its subsidiaries including Anyware Mobile Solutions (http://www.goanyware.com/). For more information, visit http://www.macrosolve.com/ or call 800-401-8740.
Recent News :
TULSA, OK, Apr 13, 2010 -- MacroSolve, Inc., (OTCBB: MCVE), a leading provider of mobile business apps, announced today the company's focus on developing and delivering a portfolio of mobile business apps targeting the underserved needs of small and medium sized businesses in numerous vertical markets.
MacroSolve's DineInsight(TM) and ClubInsight(TM) mobile business apps, both 'Powered by ReForm XT(TM),' serve the needs of the restaurant and hospitality industry; and golf, sports and membership clubs industry, respectively. Both have quickly gained traction in their markets and are being used by a growing number of customers. The apps are sold both directly by MacroSolve as well as through a growing number of resellers focused by industry and geography.
MacroSolve offers its custom branded turn-key mobile apps to its customers on a software-as-a-service basis. The apps create operating efficiencies for businesses while also improving and reducing the cost of marketing, promotions, and branding through the nearly ubiquitous use of smartphones. According to the Gartner Group, consumers are expected to download 4.51 billion apps in 2010, an 80% increase over 2009.
Leveraging its 14-year operating history and its experience and position of authority in the mobility industry, MacroSolve's strategy to become the clear leader in mobile business apps is geared to springboard the company into higher margin, recurring revenue streams. MacroSolve has developed mobile software systems and products on all major industry platforms including Windows Mobile, BlackBerry, iPhone, and Palm.
MacroSolve has been developing, in conjunction with other industry leaders, an e-commerce, community marketplace that brings together the buyers and sellers of mobile solutions for the small to medium sized business and government market. MacroSolve seeks to capture a share of this billion dollar market opportunity.
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