QualityStocks would like to highlight
Sparta Commercial Services, Inc. (
OTCQB: SRCO), a New York based technology company that has its roots in the powersports industry where it originally focused on providing consumer and municipal financing to the powersports, recreation, and automobile industries. The company, through its subsidiary, Specialty Reports, Inc., now offers a one-stop online wide range of technology products and services. These include: Cyclechex.com, motorcycle history reports; RVchecks.com, RV history reports; and CarVinReport.com, automobile history reports.
In the company’s news,
Sparta Commercial Services, through the continued development of its iMobileapp mobile app production product, is driving significant sales growth with an increasingly diverse customer base. According to a recent press release, the company experienced a sales boost of over 500 percent in January 2015 when compared to the same period from the previous year.
“We’ve been experiencing unprecedented growth in the sector and the preliminary numbers for the fiscal quarter [ending in January] were up 592% compared to the first fiscal quarter,” stated Anthony Havens, Chief Executive Officer of Sparta.
In addition to the increase in sales, Sparta also highlighted the increasing diversity of the companies utilizing its customized solution to mobile apps. Customers ranging from grocery stores and racetracks to motorcycle dealerships and beverage stores have recently enlisted the services of iMobileApp to more effectively communicate with their customer bases and remain competitive.
Sparta’s boom in growth is expected to persist as the global mobile app market continues to expand at record rates. According to a study by Flurry, mobile apps accounted for 86 percent of smartphone use in 2014, a six percent increase from the previous year. This can put small businesses in a difficult position, as development costs for a commercial-quality mobile app can commonly exceed $100,000, according to ArcTouch. However, iMobileApp provides these businesses with a way to lessen the financial impact of app development without sacrificing on quality.
Using Sparta’s industry-leading platform, companies can develop and maintain a mobile app at a fraction of the cost of other leading marketing methods. With the help of the company’s iMobileApp Development Team, customers gain professional looking, revenue-generating mobile apps for their businesses with a full supply of features and compatibility on all leading platforms, including iPhone and Android devices.
Sparta’s recent growth further attests to the demand for the company’s unique solution to the mobile app market. As businesses across the country acknowledge the tremendous value that iMobileApp offers to customers, look for Sparta to continue establishing itself as a significant player in the mobile app development industry.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
