MacroSolve, Inc. (OTCBB: MCVE) is a pioneer in delivering mobile apps.
On October 28, 2010, MacroSolve, Inc. issued a press release announcing that the United States Patent and Trademark Office has issued U.S. Patent No.7,822,816 to the Company. The patent, a significant intellectual property (IP) asset to the Company, further advances its position as a leader in the mobile solutions market. The strength of the MCVE patent and the viability of the monetization strategy will lead to the creation of greater value for shareholders.
The Company immediately began the monetization of this patent and its other IP assets. It is currently in discussions with several companies in the mobile communications market.
With its recently awarded patent, MacroSolve’s IP now addresses the broader global mobility industry.
Legal Enforcement of Patent Initiated
The enforcement of this patent has been initiated in Tyler, Texas, a federal jurisdiction known for its rapid adjudication of cases or as understood in the legal community a, “Rocket Docket.” This lawsuit has the potential of having far reaching effects for MCVE.
This first lawsuit connected to its patent on mobile data collection systems across wireless networks, smartphones, tablets and other mobile devices.
The targeted companies in the suit, filed last week in the Texas Eastern District Court in Tyler, are Blue Shoe Mobile Solutions LLC, Brazos Technology Corporation, On The Spot Systems Inc. and Formstack LLC.
Revenue Generation
MacroSolve generates revenues through:
Licensing
Development
Sales of its patented technologies
Customized mobile business apps
ReForm XT™ is a rapid mobile app development platform.
Apps powered by ReForm XT include:
ClubInsight™
DineInsight™
SchoolInsight™
Blockbuster Patent Awarded
As MacroSolve enhances and licenses the ReForm XT platform, the company is positioned to be a major contributor and partner with the leading app stores including Google, Apple, RIM, GetJar and others.
A mobile solution is typically the combination of mobile handheld devices, wireless connectivity, and software that streamlines business operations resulting in improved efficiencies and cost savings. Leveraging its intellectual property portfolio, including its recently issued landmark patent #7,822,816,
With its recently awarded patent, MacroSolve’s IP now addresses the broader global mobility industry.
ReForm XT: Significance of Patent
As MacroSolve enhances and licenses the ReForm XT platform, the company is positioned to be a major contributor and partner with the leading app stores including Google, Apple, RIM, GetJar and others. ReForm XT empowers a much broader base of users, from the technically savvy smartphone and tablet enthusiasts to people with no technical backgrounds, to create and manage their own business or even personal apps. These apps can be distributed across multiple device platforms. Platform agnostic apps address significantly larger markets and easily integrate mobility into core systems.
The mobile app environment is highly fragmented and developers are faced with a diverse set of device-specific programming platforms when building an app. As each platform requires a unique skill set, many developers resort to programming for a single device type, such as iPhone, Android, BlackBerry or WebOS. As a result, developers have been effectively limiting the potential size of their user base, while non-technical individuals looking to create and manage their own apps have limited options.
Intellectual Property
The Corporation reviews each of its intellectual properties and makes a determination as to the best means to protect such property, by trademark, by copyright, by patent, by trade secret, or otherwise. The Corporation believes that it has taken appropriate steps to protect its intellectual properties, depending on its evaluation of the factors unique to each such property, but cannot guarantee that this is the case. The United States Patent and Trademark Office has issued U.S. Patent No. 7,822,816 to our company. The patent, a significant intellectual property asset, further advances our position as a leader in the mobile solutions market.
The Company is immediately pursuing the monetization of this patent and its other IP assets and are currently in discussions with several companies in the mobile communications market. The patent addresses mobile information collection systems across all wireless networks, smart phones, tablets, and rugged mobile devices, regardless of carrier and manufacturer, and is currently utilized in their ReForm XT™ rapid mobile app development platform.
The corporation has intellectual property that relates to extending applications to multiple handsets operating on multiple wireless networks which it handles as a trade secret and which it considers to be valuable.
The patent addresses mobile information collection systems across all wireless networks, smartphones, tablets, and rugged mobile devices, regardless of carrier and manufacturer. This revolutionary patent and the ReFormXT platform is the culmination of a decade of shareholder investment which was used to fund resources and technology know-how at MacroSolve. This defining IP represents a paradigm shift in the mobility world.
Coding and development for this technology began in 2002, while the patent application was filed in 2003. The named inventor of the patent is David Payne, who was the founder of MacroSolve. Following seven years of working with the USPTO, the patent has been granted, clearly establishing MacroSolve as having developed state of the art technology very early in the evolution of the mobile app IP space.
Discussions with Large Mobile Companies to Monetize Patent
MacroSolve’s business model, through both licensing and delivering customized mobile apps, yields high-margin recurring revenue streams for the company while also delivering high ROI to its customers.
Anyware Mobile Solutions and Illume Mobile
The company operates through its Anyware Mobile Solutions and Illume Mobile divisions to provide mobile business apps, as well as licensing its core patented technology to companies across the mobile ecosystem.
Anyware Mobile Solutions maintains a dedicated staff of sales, product development and support for the ReForm XT™ rapid mobile app development platform and its apps Powered by ReForm XT.
Illume Mobile is a mobile solutions services division that provides solution management, product development, project management, quality assurance and support services to address the needs of a client base seeking to use mobility to improve their process efficiencies and modify software applications so that they can be used in a mobile environment. Although Apple’s iPad product was just introduced in April 2010, the Company’s Illume Mobile Division has already been engaged by several customers to develop proof of concept applications for the iPad as well as the iPhone and other mobile devices. The ability to quickly meet demand around this new product is due in large part to the Company’s length of business in the mobility space.
There are ongoing projects across the United States. Multiple social media profiles are maintained.
The Company operates three websites including:
- www.macrosolve.com
- www.illumemobile.com
- www.goanyware.com
Recent Developments
Throughout 2010, the Company marketed both the ReForm XT and associated Insight products across a wide group of industries in order to identify the depth of functionality and unique functionality needed in each market.
Small and Medium Sized Company Product Development for 25 Industries
The Company, with some of its partners, have compiled and manage to a product development roadmap that is comprehensive in both breadth and depth across the top twenty-five industries, with specific attention placed on the needs of small and medium sized companies with limited technical and marketing abilities.
The latest technology and services capabilities generate a growing base of intellectual property, contract and an increasing amount of annuity based revenue. In 2009, MCVE began investing in products which are being distributed through leading mobile application stores.
Blackberry and Android Versions of ReFormXT™ Product Development
Product development continued in 2010 on Blackberry and Android versions of ReFormXT™, which helps to minimize mobile application development effort, and DineInsight™, ClubInsight™ and SchoolInsight™, which uses ReFormXT technology for mobile target marketing, promotions and branding for the restaurant industry, membership organizations and the hospitality industry and educational institutions, respectively.
Anyware Mobile Solutions division is considering several additional vertical markets to the Insight product line in 2011 using ReFormXT technology which may not contribute to revenues in 2011.
ReForm XT – The Primary Product Platform Sales
The Anyware Mobile Solutions division will continue to expand in cooperation with licensed distributors and resellers across existing and new industries in the United States with plans to enter international markets. Some of these channels will be served by indirect sales forces for advanced SaaS functionality that enables very broad distribution through private labeling. The Illume Mobile division growth path varies by platform, product and partner.
Sales and marketing channels are by direct and indirect salespersons as well as app store sales.
SaleSentral Software Platform
SaleSentral(TM), a software platform for tablets including the iPad and Android Tablets. Illume Mobile is currently using the SaleSentral platform to develop customized and branded apps for a number of clients across several industries including insurance, food and beverage, healthcare, construction, and office equipment.
SaleSentral is a mobile app platform which provides sales organizations with a mobile sales tool kit that improves efficiencies by as much as 25%. Recently published research indicates the number one use of tablets in a business environment is for sales functions. According to a study by the Yankee Group, sale close rates increase by 26% when reps use mobile devices to present their products, as well as decreasing sales cycles by 23% and reducing redundant activities by 27%.
SaleSentral by Illume Mobile offers sales organizations up-to-the minute videos, brochures, pricing, statistics, contact management information, quote creation tools, contact management integration, promotions and competitive information all on a tablet.
Illume Mobile offers SaleSentral to customers for a one-time licensing fee and an annual support and maintenance contract. Customers can add and revise content through the intuitive web based content management system. SaleSentral and MacroSolve’s suite of app technologies are covered by the company’s U.S. Patent No.7,822,816.
Independent research shows a 25% increase in close rates and sales efficiencies. As businesses recognize the speed and efficiency advantages offered by tablets, SaleSentral is positioned to capture a significant share of the growing sales tool app market.
ReForm XT Platform Products and Services
The Anyware Mobile Solutions division continues to develop, host and maintain the Company’s primary product platform, ReForm XT.
From this platform, the division and its customers develop applications that are both branded and enterprise apps, a unique capability in the marketplace. Branded apps are being adopted by companies to promote their offerings by placing their app for customers to download for free from the app stores.
This type of application is replacing or supplementing the construction and maintenance of websites. To address the many industries, the platform has been modified and re-branded ‘Insight’.
Currently, this division licenses, markets and sells DineInsight, ClubInsight and SchoolInsight.
Enterprise apps, which are generally used internally in a company’s operations to streamline communications and related efficiencies, leverage the ReForm XT platform as well. The division is currently licensing this platform for integration into customer systems for rapid development and deployment to employees and even third parties involved in daily operations.
The Illume Mobile division is satisfying a unique set of market demands by providing advanced mobile application development and maintenance services. With the exploding growth of tablets, such as the iPad, there are also new ideas on the utilization of this type of mobile device. Companies with internal drivers to use tablets and even individual entrepreneurs wishing to create the next market leading app, trust the Illume division and its technical, marketing and business development experience to rapidly create a product to be sold on app stores or in other channels. Where high demand, untapped markets are emerging, this division creates mobile platforms whereby customer demand can be met more efficiently with tools that enable the distribution and customization of apps to be less costly to the partner and end users.
MoBiz e-Marketplace Growth Strategy
The Company began investing in an e-Marketplace Growth Strategy, code named MoBiz, in November 2008 and continued developing the strategy in 2009 and 2010.
MoBiz is centered on the aggregation of all mobile software, hardware, accessories and services in cooperation with our partners, and marketing those using new web-based methods. Due to the general downturn in the national economy, the partner companies involved in developing MoBiz became unable to help finance its completion. Consequently, the Company chose to temporarily cease continued development while it focused on launching the Illume Mobile Division. The technology underlying MoBiz is usable in other projects and the Company does not consider the asset impaired.
Traditionally, customers rely on MCVE to define, design, develop and support the best combinations of technologies in a market that is very technologically dynamic.
Software and web-based application companies are developed by modifying their software product offerings so that they can be used by a mobile end-user who typically has a Smartphone or a similar cellular device. Many of these customers rely on our technology and marketing expertise.
MCVE also serves enterprises that find it difficult to identify a mobile software product which addresses their specific need to streamline operational processes, and do not have the competency in house.
digiTICKET™ Electronic Ticketing Product Sold in February 2010 for $400,000
On February 12, 2010, MacroSolve, Inc. entered into and closed an Asset Sales Agreement with Saltus Technologies, LLC to sell the Company’s assets related to the digiTICKET™ electronic ticketing product. Pursuant to the agreement, the Company received $400,000 in cash upon closing of the transaction and the Company received an additional $72,263 in cash over a period of eight months for product transfer support services. The net proceeds were used to further the development and marketing of the Powered by ReForm products.
Operating Strategies
The Anyware Mobile Solutions division has a dedicated staff of development, testing and related engineering staff members which are involved in the daily enhancements of the ReForm XT and Insight platforms. Some staff members are dedicated to legacy customers with ongoing professional services needs. The division has dedicated marketing and customer service staff, as well as business development members.
The Illume division has a dedicated staff of lead development and project management staff which is augmented by specialized skill sets inside and outside of the company when needed. Business development is led by the division head, who also manages commissioned sales agents across the Midwest.
Market Opportunities
The global mobile application (“app”) economy reached $12 billion in 2010 and will grow to $35 billion by 2014 according to recent reports from International Data Corp. (IDC) and MarketsandMarkets (M&M). An independent report commissioned by GetJar, the second largest mobile app store in the world, states the number of mobile app downloads, which totaled 7 billion in 2009 will grow to 50 billion in 2012, a 92% year-over-year growth rate.
U.S. businesses are expected to spend $18.7 billion on mobile apps by 2014, with $9.9 billion of this amount projected to come from small and medium sized business according to a Compass Intelligence report. IDC also reports wireless devices have become pervasive with over 302 million smartphone phones shipped in 2010, an 87.2% increase over 2009 shipments.
Driven by the now nearly ubiquitous presence of mobile devices including smart phones and tablets, consumers and businesses alike are demanding mobile apps that suit the increasing preference of mobile devices over PCs.
A plethora of portable wireless devices lend themselves to the use of mobile apps versus traditional websites for information exchange. Mobile apps are filling the need for immediate, easy to access, personalized information for consumers and businesses. A growing number of businesses need to create and manage mobile apps in order to cater to their customers, across nearly all industries and geographies.
With a long history of innovation in the wireless marketplace and well established relationships with largest companies in the mobility space, MacroSolve is ideally positioned to capture a portion of this critical multi–billion dollar global market.
Licensing
MacroSolve is currently in talks with numerous companies in the mobile ecosystem to license its patented technology. The patent addresses mobile apps across all wireless networks, smartphones, tablets, and rugged mobile devices, regardless of wireless carrier and manufacturer. The company anticipates gaining significant traction with licensing agreements and revenues, following the award of its patent in the third quarter of 2010.
Product and Geographic
MacroSolve is seeing increasing demand for its ReFrom XT rapid mobile development platform, as well as its portfolio of mobile business apps Powered by ReForm XT including: ClubInsight, DineInsight, and SchoolInsight. The company’s strategy includes expanding its portfolio of mobile business apps by industry segment as well as expanding it sales geographically through licensed resellers and direct sales.
Maximizing IP Value
Through its Illume Mobile division, MacroSolve is developing additional high-value IP for next generation mobile business apps on smartphones and tablets. As the division continues to develop customized apps for its business customers, related IP is generated. MacroSolve’s strategy is to pursue additional patents and build its IP portfolio, driving further licensing revenue opportunities.
MacroSolve Inc. has filed a lawsuit connected to its patent on mobile data collection systems across wireless networks, smart phones, tablets and other mobile devices.
The targeted companies in the suit, filed last week in the Texas Eastern District Court in Tyler, are Blue Shoe Mobile Solutions LLC, Brazos Technology Corp., On The Spot Systems Inc. and Formstack LLC.
Tulsa-based MacroSolve claims the four companies have violated U.S. Patent No. 7,822,816, which MacroSolve obtained in October.
When the patent was issued, MacroSolve Chairman Jim McGill said it covers thousands of existing apps that collect data and send it to a central server.
The company said McGill will lead its patent enforcement initiative.
“I look forward to applying my many years of experience in IP monetization to MacroSolve’s patent enforcement efforts,” McGill said in a statement issued Tuesday. “We believe the strength of our patent and the viability of our monetization strategy will lead to the creation of greater value for our shareholders.”
a leading provider of mobile technologies, apps and solutions, today announced its Illume Mobile division has signed two contracts for custom iPad apps. Customers include a leading national pharmaceutical company and a regional office equipment distributor.
A national pediatric pharmaceutical company has purchased Illume Mobile’s SaleSentral(TM) mobile software platform. SaleSentral will be customized, enabling pharmaceutical sales consultants to use their iPads to educate physicians about the company’s products. The customized SaleSentral app will also serve as a new training tool for the pharmaceutical company to train its sales consultants.
Illume Mobile has also been contracted to develop a custom iPad app for a regional office equipment distributor to collect and compare data during pre-sales site surveys. The app will create digital visualization and usage reports resulting in greater efficiencies for both the office equipment distributor and its customers.
“Apps on tablets are fundamentally changing the way business is conducted, particularly in location-based functions like outside sales. We are seeing growing interest, inquiries, and demand from across a number of industries for our SaleSentral software platform and our custom app development services,” stated Illume Mobile’s Vice President of Business Development, Brett Williams.
MacroSolve president and CEO Clint Parr added, “Illume Mobile has an extensive list of prospects that are looking to benefit from its custom mobile app development capabilities. We expect to see further acceleration in the number of contracts signed and services delivered. In addition to contributing significantly to our revenues, Illume Mobile is simultaneously serving as an engine for new technology development for MacroSolve.”
Illume Mobile Sales and Marketing
Illume Mobile creates advanced, custom apps for platforms including iPad, iPhone, Android and BlackBerry with functionality including 3D animation, mobile video, augmented reality, GPS, and more. The three sales and marketing representatives will each cover designed areas where they are based, in Tulsa, Oklahoma City, and Eastern Nebraska/Western Iowa.
The company operates through its subsidiaries:
- Anyware Mobile Solutions
- Illume Mobile
Based on ReForm XT, MacroSolve already offers several business apps including ClubInsight™, SchoolInsight™, and DineInsight™ which can easily be customized and branded for any business. These apps, as well as the ReForm XT mobile app development platform are available for license.
ReFormXT™ Web-based Mobile Application Builder
ReFormXT™ is a web-based mobile application builder. ReFormXT became commercially available in December 2008.
ReFormXT™ simplifies the process of converting paper forms to a digital form that can be utilized on most Smartphones available in the United States. A web-based interface allows a non-technical user to create and dispatch forms to users and easily manage data input from the field. The components of the platform are also utilized as mobile application development tools, thus saving time and money for customers needing more customized solutions.
Recent customers are using ReForm in field service activities and personal service appointment setting activities. ReForm has contributed less than five percent of annual revenues since initial inception.
MacroSolve has secured its position as a mobility leader by building strong partnerships with top companies in all sectors of wireless/mobile industry and by incorporating partner technologies into Anyware solutions for business customers. It is anticipated that these, and many other companies will collaborate in MacroSolve’s online mobility community and e-marketplace.
Maximizing IP Value
Through its Illume Mobile division, MacroSolve is developing additional high-value IP for next generation mobile business apps on smartphones and tablets. As the division continues to develop customized apps for its business customers, related IP is generated. MacroSolve’s strategy is to pursue additional patents and build its IP portfolio, driving further licensing revenue opportunities.
Network Carriers
AT&T is the largest wireless company in the United States, with more than 54 million subscribers who use the nation’s largest digital voice and data network. AT&T is dedicated to providing customers with wireless technology designed to enrich their lives.
Sprint Nextel offers a comprehensive range of communications services bringing mobility to consumer, business and government customers. Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two robust wireless networks offering industry leading mobile data services; instant national and international walkie-talkie capabilities; and an award-winning and global Tier 1 Internet backbone.
Verizon Wireless operates America’s most reliable wireless network, serving nearly 57 million customers nationwide. Verizon’s Wireline operations include Verizon Business, which operates one of the most expansive wholly-owned global IP networks, and Verizon Telecom, which is deploying the nation’s most advanced fiber-optic network to deliver the benefits of converged communications, information and entertainment services to customers.
Device Manufacturers
Intermec Inc. develops, manufactures and integrates technologies that identify, track and manage supply chain assets. Core technologies include RFID, mobile computing and data collection systems, bar-code printers and label media. The company’s products and services are used by customers in many industries worldwide to improve the productivity, quality and responsiveness of business operations.
Symbol Technologies, Inc. is a recognized worldwide leader in enterprise mobility, delivering products and solutions that capture, move and manage information in real time to and from the point of business activity. Symbol enterprise mobility solutions integrate advanced data capture products, radio frequency identification technology, mobile computing platforms, wireless infrastructure, mobility software and world-class services programs.
Research In Motion (RIM) is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, text messaging (SMS and MMS), Internet and intranet-based applications.
Anyware has been working with the Palm group of companies since both companies early days in business. Palm is a pioneer in mobile computing and is a leading manufacturer of mobile devices and mobile operating systems.
Socket Communications develops and distributes a broad range of data collection and network connectivity products for mobile devices such as PDA’s, Smartphones and tablet notebooks. Working collaboratively with integrators, 3rd party software developers and OEM’s, Socket’s products drive operational efficiencies, increase mobile workforce productivity, boost corporate performance and improve customer satisfaction.
Psion Teklogix is a global provider of solutions for mobile computing and wireless data collection. The company’s fully integrated mobile computing solutions include rugged hardware, secure wireless networks, robust software, professional services and exceptional support programs.
Mobile Solutions
Anyware is a Certified Microsoft Solution Provider and our staff has numerous Microsoft certifications.
TRUE Digital Security is an Information Security Services firm, committed to delivering world-class, real-world security and compliance solutions.
Distributors
Ingram Micro is one of the largest distributors of information technology equipment in the United States.
ScanSource, Inc. {NASDAQ:SCSC} is a leading international distributor of specialty technology products. The Company markets specialty technologies through four sales units: ScanSource POS and Barcoding; Catalyst Telecom; ScanSource Communications; and ScanSource Security. ScanSource, Inc. serves the North America, Latin America and Europe markets. Founded in 1992, the company ranks on the Fortune 1000.
DineInsight, ClubInsight and SchoolInsight Software Products Powered by ReFormXT
Additional software products powered by ReFormXT are in various stages of development. A marketing, promotion and branding product called DineInsight was introduced in the fourth quarter of 2009. DineInsight, powered by ReFormXT, is a mobile application for the restaurant industry which collects market intelligence and contact information directly from the customer. The Company is continuing to prove the concept and enhance the offering by working closely with its initial customer base. DineInsight, and two companion products called ClubInsight and SchoolInsight, has been deployed to eighteen initial customers during the First Half of 2010.
The Company has entered into several reseller arrangements and is actively pursuing additional resellers for its “powered by ReFormXT” products in specialized vertical markets while increasing its captive sales force to also sell directly to end users. DineInsight, ClubInsight and SchoolInsight are expected to contribute less than 20% of the 2010 annual revenues.
Plan of Operation
The mobile solutions services business currently represents a significant source of revenue for the Company. Working with mobile partners, our professional services team provides solution management, product development, project management, quality assurance and support services to address the needs of a client base seeking to use mobility to improve their process efficiencies and modify software applications so that they can be used in a mobile environment.
Although Apple’s iPad product was just introduced in April 2010, the Company’s solution services division has already been engaged by several customers to develop proof of concept applications for the iPad as well as the iPhone and other mobile devices. The ability to quickly meet demand around this new product is due in large part to the Company’s length of business in the mobility space.
Lawsuit Commenced Based on Patent on Mobile Data Collection
Systems across wireless networks, smart phones, tablets and other mobile devices are the basis of an MCVE lawsuit filed in mid-March 2011.
The targeted companies in the suit, filed last week in the Texas Eastern District Court in Tyler, are Blue Shoe Mobile Solutions LLC, Brazos Technology Corp., On The Spot Systems Inc. and Formstack LLC.
Tulsa-based MacroSolve claims the four companies have violated U.S. Patent No. 7,822,816, which MacroSolve obtained in October.
When the patent was issued, MacroSolve Chairman Jim McGill said it covers thousands of existing apps that collect data and send it to a central server. The company said McGill will lead its patent enforcement initiative.
Management
The MacroSolve executive team has over one hundred years combined experience managing mobile, high-tech, and related business ventures; building strong relationships with leaders in the mobile technology industry; implementing Anyware’s disciplined professional services and mobile product methodology; and building a strong base for the rapid, managed achievement of the company’s vision.
Clint Parr – President and Chief Executive Officer
Clint Parr joined MacroSolve/Anyware Mobile Solutions in 2002 as Vice President of Sales and Marketing. In 2003, he was promoted to President and Chief Operating Officer and in 2007 to Chief Executive Officer. He was named to the Board in 2003. Parr graduated from Baylor University in 1986 with a degree in Entrepreneurship; he obtained an executive MBA from The University of Tulsa in 2000. His professional development includes twenty years of strategic alliance management, technology product development, and professional services marketing and operations with Fortune 500 companies in the carrier and energy sectors. Prior to 1996, he started a marketing consulting company and oversaw regional sales and marketing with Fortune 500 computer and imaging companies. Parr is a graduate of Leadership Oklahoma and a four term Vice Chairman of the Tulsa County Election Board.
Kendall W. Carpenter – Vice President, Finance and Administration, Chief Financial Officer, Secretary and Treasurer
Kendall Carpenter joined MacroSolve/Anyware Mobile Solutions in 2006 as Controller. She was promoted to Vice President and Chief Financial Officer in 2008. Carpenter’s previous experience includes Division Controller with Allied Waste Industries (NSYE:AW), a $6.4 billion company, and over ten years experience as top financial officer of an enterprise software company with an international customer base. Carpenter earned a Bachelor of Science degree in Accounting from Oklahoma State University and is both a Certified Public Accountant and a Certified Management Accountant.
Chris Kingham – Vice President, Marketing
Chris Kingham joined MacroSolve/Anyware Mobile Solutions as Director of Marketing in 2004, bringing 15 years of experience in planning, implementing, and marketing high-tech and online properties. Previously, Kingham spent several years at the Williams Companies, serving in both marketing and IT management roles for some of their most critical systems and projects, including Energy News Live, the energy industry’s first live, broadcast-quality online news and information site. Prior to Williams, Kingham spent several years at PennWell Publishing developing the plans and processes to move their flagship publication, Oil & Gas Journal, to the new online medium, broadening readership and generating new revenues. Kingham graduated with a Bachelor of Science in Marketing from Oklahoma State University.
Board of Directors
C. McGill – Chairman
Jim McGill serves as Chairman of the Board of MacroSolve, Inc., the parent company of Anyware Mobile Solutions. A registered professional engineer, he graduated Cum Laude with a bachelor’s degree in chemical engineering in 1965 from The University of Tulsa, and received 25 U.S. and foreign patents in the field of pollution control between 1974 and 1985. He has founded several companies, including an environmental technology company specializing in air and water pollution control systems, and a specialty subcontractor for natural gas pipeline construction. He serves on the board of numerous Tulsa area organizations and civic organizations, and also is a trustee of The University of Tulsa. He was named Outstanding Alumnus of TU’s Department of Chemical Engineering in 1987, and admitted into the university’s College of Engineering and Applied Sciences Hall of Fame in 1992.
Clint Parr
See Management profile above.
John A. Clerico
John Clerico is chairman and a registered financial adviser at ChartMark Investments, Inc., an independent investment advisory firm that manages equity funds for individuals and small pension funds. Clerico co-founded ChartMark in 2000, where his current focus is on day-to-day portfolio management and strategic direction of the firm. Prior to founding ChartMark, Clerico served in numerous senior management capacities including Executive Vice President, Chief Financial Officer, and Director of Praxair, Inc., a Fortune 200 company. In addition to his financial responsibilities, Clerico managed Praxair’s business operations in Europe and South America. Prior experience includes CFO of Union Carbide Corporation, Conoco, Inc., and Phillips Petroleum Co. Clerico was named as one of four “Leading Corporate Treasurers” by Corporate Finance magazine in 1995 and “CFO of the Year” by CFO magazine in 1997 and BusinessWeek in 1998.
David L. Humphrey
David Humphrey currently serves as the Chief Operating Officer of Oklahoma Equity Partners, a newly formed $20 million venture capital fund. Oklahoma Equity Partners will focus exclusively on Oklahoma venture opportunities and will utilize a network of venture capital firms as lead investors. Humphrey is responsible for all investment operations of Oklahoma Equity Partners. Prior to joining OEP, Humphrey served from 1997 to 2004 as a principal of Davis, Tuttle Venture Partners, a $45 million venture capital fund. From 1995 to 1997, Humphrey was a senior business development coordinator at Texaco Natural Gas Liquids. During his two-year stay with Texaco, he led ten major acquisition and expansion projects. Prior to joining Texaco in 1996, Humphrey spent thirteen years with Koch Industries, Inc. Humphrey earned his Bachelor of Science in Chemical Engineering from the University of Wisconsin and his Master of Business Administration from Texas A&M University.
Howard Janzen
Howard Janzen is currently president and CEO of One Communications, a leading integrated communications provider located in Boston, Massachusetts. Formerly, Janzen was president of Sprint Business Solutions, where he led the business unit responsible for the $12 billion revenue Sprint worldwide business customer base. Additional responsibilities included integration of Sprint’s wireless, wireline, and local voice and data services. Prior to joining Sprint in May 2003, Janzen served as chairman, president and chief executive officer for Williams Communications, where he led the company in completing its $7 billion next-generation fiber network. Janzen joined Williams in 1979 and served in a number of leadership roles in Williams’ energy and natural gas pipeline business. In January 1995, he was named president of the communications business unit of The Williams Companies, Inc. In April 1997, he became president and chief executive officer of Williams Communications Group, which became an independent company in 2001.
Dr. Dale A. Schoenefeld
Dr. Dale Schoenefeld serves as Vice President for Information Services and Chief Information Officer at the University of Tulsa with oversight and leadership responsibility for academic computing, administrative computing, networking services, computer system administration, and university libraries. He is also Professor of Computer Science and Mathematics. He represents the University of Tulsa at OneNet, Oklahoma’s telecommunications and information network for education and government, and is a member of an Oklahoma statewide committee chaired by the Secretary of Science and Technology. Prior to becoming Vice President and CIO, Schoenefeld served as Vice Provost and as Director of the Computer Resource Center. He received his B.A.E. at Wayne State College and his M.S. and Ph.D. at the University of Iowa. His research expertise is in the area of combinatorial optimization and involves applying optimization techniques to the design and operation of telecommunication networks, often using evolutionary computing.
David R. Lawson
David R. Lawson joins the board following MarcroSolve’s receipt of a landmark mobile technology patent. Mr. Lawson is a prominent Tulsa-based business person who holds board seats at leading corporate, educational, and non-profit institutions. He has held numerous executive positions at companies in industries ranging from finance to technology.
Currently Chairman of the Board of Trustees at the University of Tulsa, Mr. Lawson also sits on the boards of Heat Transfer Equipment Corp. and Pinnacle Packaging Company. He has served as President and CEO of Capital One Auto Finance, Inc., Summit Acceptance Corporation, and Western National Bancorp. Mr. Lawson has also held board seats at Western Venture Capital, Summit Acceptance Corporation, Zag Inc., Valen Technology, Inc., Dealer Track, Ameriban, Inc., and Texas Capital Bancorporation. He is also on the board of the Alzheimer’s Association.
Company Websites:
- Anyware Mobile Solutions http://www.goanyware.com
- Illume Mobile http://www.illumemobile.com
- MacroSolve http://www.macrosolve.com
MacroSolve, Inc.
1717 South Boulder Ave.
Tulsa, OK 74119
Website: http://www.macrosolve.com
Phone: 918-280-8693
Email: info@macrosolve.com
Shares Outstanding: November 2, 2010: 98,402,190.
Investor Contact:
Dilek Mir
(310) 591-5619
dmir@corporateprofile.com
Company Contact:
April Sailsbury
(918) 388-3529
april.sailsbury@macrosolve.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 the leader in delivering mobile business apps, a market projected to grow by double digits to an aggregate of $11.6 B by 2012. The company operates through its subsidiaries including Anyware Mobile Solutions ( http://www.goanyware.com ) and Illume Mobile ( http://www.illumemobile.com ). 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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