TULSA, OK — (Marketwire) — 10/13/11 — MacroSolve, Inc., (PINKSHEETS: MCVE) (OTCQB: MCVE) (“MacroSolve” or the “Company”), a leading provider of mobile technologies, apps and solutions for business, announced today its formal acceptance into the Oklahoma Department of Commerce-s Quality Jobs Program. The program provides financial incentives to high-growth companies in the form of rebates for new jobs created in the state of Oklahoma.
MacroSolve has created eight new jobs since applying for the program earlier this year and believes it will create 12 additional jobs by year end. While in the program, MacroSolve will receive a five percent cash rebate from the State of Oklahoma for each qualified new hire under the program. The new jobs are expected to be in information technology, product development, management, and finance.
“We are excited about the prospects of our business and industry. Having recently focused on developing our sales channels, we are experiencing increased demand for our patented mobile app platforms and the services we can provide to help businesses be more successful. We have already begun hiring additional talent and expect to continue to do so over the coming quarters and years,” stated MacroSolve CEO Steve Signoff. “We are proud to be an Oklahoma-based company, creating high quality jobs and generating national and international sales of our mobile technology products and services.”
The Oklahoma Quality Jobs Program offers enhanced incentives for job creation in Oklahoma, allowing existing and new businesses in Oklahoma to take advantage of both tax rebates and tax credits providing they meet the criteria for payroll and job creation. This innovative program gives qualifying enrolled companies quarterly cash rebates of up to five percent of taxable wages for up to 10 years, as long as companies meet ongoing program requirements.
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. For more information, visit MacroSolve () or call 800-401-8740.
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.
Laurel Moody
(646) 810-0608
Diane White
(918) 770-3905
Heather Carver
(918) 779-5771
You must be logged in to post a comment Login