Sparta Welcomes Kingstree, SC, as the 10th South Carolina Jurisdiction to Utilize Its Municipal Lease Program in the Palmetto State


New York, NY., June 09, 2016 (GLOBE NEWSWIRE) --

Sparta Commercial Services, Inc. (OTCQB: SRCO) announced today that Kingstree, South Carolina has become the latest city, and the 10th South Carolina jurisdiction, to join the increasing number of municipalities as a client of Sparta's Municipal Lease Program. Sparta's Municipal Lease Program continues to draw attention and gain popularity among local governments around the country because of how much more economical the program is for budget-minded officials and their need to stretch the tax dollars they have to allocate.

Sparta, via its iMobileApp product, also develops mobile applications for towns and cities, as evidenced by the recently launched mobile app for the Town of Westport, MA - http://imobileapp.com/customer-applications/westportma.  Towns may use their iMobileApp to provide important free alerts to residents and visitors for all governmental functions, voting dates, weather-related closings, and more.  The iMobileApp also allows the town to promote activities, restaurants, hotels and other attractions to tourists by establishing strategic partnerships with local businesses which may serve to both generate income and support the town economy.

Anthony Havens, Sparta's CEO, said, "Every time we're able to help these critical agencies meet their equipment needs in a more economical way, we take special pride in accomplishing the task. Not only do these local governments deserve to have the newest and most reliable equipment available, they also deserve to have the most cost-effective means possible to meet their equipment needs and we know that we're providing that for them."

Mr. Havens went on to add, “Our experience in municipal financing made providing mobile apps to towns a natural segue and we look forward to helping more and more local jurisdictions with both their equipment needs and communication channels with their residents and visitors.”

The vendor for the transaction was Butler Chrysler Dodge Jeep of Beaufort, South Carolina.

Sparta's Municipal Lease Program can accommodate virtually any essential equipment need for local or state government, from police cruisers and motorcycles, municipal busses to trucks, surveillance systems to tactical equipment, and more.

Watch our iMobileApp Restaurant, Grocery Store, and Entertainment videos available on YouTube:

iMobileApp Restaurant Video         -           https://www.youtube.com/embed/szYAwXtAiFg?VQ=HD1080

iMobileApp Grocery Store Video    -           https://www.youtube.com/embed/qz9Bs8qFj7o?VQ=HD1080

iMobileApp Entertainment Video   -           https://www.youtube.com/embed/RQ_NCICOhBE?vq=hd1080

To learn more about iMobileApp, please visit http://imobileapp.com/.

About Sparta Commercial Services, Inc.

Sparta Commercial Services, Inc. (http://spartacommercial.com/), through its products iMobileApp and Specialty Mobile App, is a leader, in developing, managing, and servicing custom mobile apps for vehicle dealers from Harley-Davidson® to John Deere, automobiles and RVs, restaurants, liquor stores, clubs, and other businesses in 49 states and Canada. In addition to mobile apps, Sparta provides motor vehicle title history reports to dealers, insurance companies, credit unions, and consumers.  The Company is also offering and administering vehicle and capital lease finance programs for municipalities.

Sparta's Mobile Applications Division offers two customizable mobile app products specifically, one designed for vehicles dealers and one designed for a wide range of other businesses and entities.

iMobileApp (http://imobileapp.com/) is the newest mobile app product from Sparta – providing diverse businesses and other entities with a customized mobile app designed specifically for their purposes, at a fraction of the cost of both traditional and web marketing. iMobileApp is a custom, fully-branded app that is an extension of a business’s e-presence

Specialty Mobile Apps (http://www.specialtymobileapps.com/) is a product that gives vehicle dealers their own branded mobile app. The app allows dealers to maintain ongoing contact with their customers and communicate upcoming and ongoing promotions, special events, new and used inventory, and more. 

Specialty Reports, Inc., a subsidiary of Sparta Commercial Services, provides detailed used vehicle title history reports to dealers, insurance companies, credit unions, etc., as well as to consumers. Specialty Reports (http://specialtyreportsinc.com/) is trusted by industry professionals to provide buyers accurate, timely, and thorough title history reports. The Company targets four motor vehicle markets through https://www.carvinreport.com/ (automobiles and light trucks), https://cyclechex.com/ (motorcycles), https://www.rvchecks.com/ (recreational vehicles) and http://truckchex.com/ (commercial trucks).

Sparta's Municipal Leasing Division (http://spartamunicipal.com/) offers and administers a specialized municipal leasing program for local and state agencies. The Company is dedicated to serving jurisdictions with small and growing vehicle fleets who seek a better and more economical way to finance their essential equipment needs - from police motorcycles and cruisers, to EMS equipment and busses, to virtually any type of equipment a municipality requires. The Municipal Leasing Division also works with larger jurisdictions to provide competitive leasing facilities for specific segments of their fleet portfolio.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are valid only as of today and we disclaim any obligation to update this information. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, competition, financing and commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, management of potential growth, system interruption, consumer and industry trends, limited operating history, and government regulation. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov.

Contact:

Sandra L. Ahman
Corporate Secretary
Sparta Commercial Services, Inc.
sandy@spartacommercial.com
800-882-0778