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MacroSolve Signs Letter of Intent With Muscogee Nation Business Enterprise for Mobile Apps
TULSA, OK, Dec 13, 2011 (MARKETWIRE via COMTEX) --
In the first agreement of its kind, MacroSolve, Inc. (PINKSHEETS:
MCVE) (OTCQB: MCVE) ("MacroSolve" or the "Company"), a leading mobile
solutions provider, is partnering with Muscogee Nation Business
Enterprise, wholly owned by one of the largest Native American tribes
in the US. MacroSolve has signed a Letter of Intent (LOI) with
Muscogee Nation Business Enterprise ("MNBE"), the business arm of the
Muscogee (Creek) Nation. The two organizations will be working
together to map out a mobile app strategy for MNBE, its subsidiaries,
and its business partners. The agreement opens a new market for
MacroSolve's patented mobile app solutions.
"MacroSolve's mobile app platforms and products are a strong
strategic fit with MNBE's Professional Services Division," said Woody
Anderson, CEO of MNBE. "We are looking to integrate mobile apps into
MNBE's Professional Services offering. We see far reaching potential
for our IT and technology subsidiaries offering these app solutions
to our clients including enterprise level businesses, as well as the
branches of the US government that we currently serve through federal
contracting."
With over 72,000 members, the Muscogee Nation is one the largest
Indian tribes in the United States. MNBE's Professional Services
Division specializes in providing Logistic Support, Enterprise
Information Technology Services, Project/Program Management, and
Scientific and Research Support for customers at locations across the
US as well as abroad.
This Letter of Intent, coupled with other strategic marketing
agreements recently signed by MacroSolve, opens opportunities for
MNBE and MacroSolve to grow their companies through business partner
connections.
"MNBE is bringing Native American business and economic development
to a whole new level to serve the next generation of Native
Americans. By diversifying into technology businesses of the future,
they are opening opportunities for a growing number of tribes to work
together," stated MacroSolve CEO and President, Steve Signoff. "There
is a significant business opportunity here for both MNBE and
MacroSolve to bring the power of mobile apps into MNBE's array of
professional service offerings."
About MNBE
Muscogee Nation Business Enterprise (MNBE) is owned by the Muscogee
(Creek) Nation Indian Tribe of Oklahoma. With a tribal enrollment of
over 72,000 members the Muscogee (Creek) Nation is one of the largest
Indian tribes in the United States. For more information please visit
www.mnbe.com.
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, an industry
which is projected to become a $17.5 billion market by 2012 according
to Chetan Sharma Consulting
(http://www.chetansharma.com/mobileappseconomy.htm). 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.
Company Contact
info@macrosolve.com
Investor Contact
Laurel Moody
(646) 810-0608
lmoody@corporateprofile.com
Media Contacts
Diane White
(918) 770-3905
diane@dianewhitepr.com
Heather Carver
(918) 779-5771
heather@dianewhitepr.com
SOURCE: MacroSolve, Inc.
mailto:info@macrosolve.com
mailto:lmoody@corporateprofile.com
mailto:diane@dianewhitepr.com
mailto:heather@dianewhitepr.com
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