NASHVILLE, TN — SMA Alliance, Inc. (PINKSHEETS: SMAA) is releasing a sneak preview of the company’s highly anticipated technology that will give consumers the upper hand in price negotiations when purchasing a vehicle without legally binding them to a contract.
The most recent edition of the software application is called CABiD and is currently being tested in beta before its initial release to the automotive sector. The software technology is introducing a new concept to negotiation listed as a “CABiD” (a sneak peak of the design can be viewed at cabid.co). Once beta testing is complete, the full development of the platform will be hosted on cabid.net.
A CABiD is defined as the price that consumers will now be able to enter as the price they are willing to paying for a specific new or pre-owned vehicle. Dealerships and manufactures will have to compete to give the buyer the best possible options as the consumer is not legally bound by their CABiD and can accept the best deal offered to them in the software application of the CABiD pre-negotiation stage.
“As we begin testing of this new technology, we are passionate about our efforts to provide automotive software that preserves the consumer’s best interests as well as providing fair market competition between dealers and manufacturers to establish fair market prices coupled with quick, exemplarily customer service,” stated Tim Stephens, C.E.O. of SMA Alliance.
Safe Harbor Statement:
This news release includes forward-looking statements pertaining to future anticipated projected plans, performance and developments, intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Any statements on this news release that are not statements of historical fact should be considered forward-looking statements. These forward-looking statements generally can be identified by phrases such as “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates,” “intends,” or other words or phrases of similar import. Similarly, statements in this news release that describe the Company’s business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.