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MacroSolve Signs Letter of Intent With Muscogee Nation Business Enterprise for Mobile AppsIndian Tribal Enterprise Developing Technology Businesses for the Next Generation (December 13, 2011)
TULSA, OK -- (Marketwire) -- 12/13/11 -- 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."
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.
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.
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