Sparta Commercial Introduces iMobileApp

NEW YORK, NY--(Marketwired - Jun 10, 2014) - Sparta Commercial Services, Inc. (OTCQB: SRCO) announces the launch of iMobileApp, a new product that will allow small and growing companies to harness the power of mobile apps, at a fraction of the cost of traditional and web marketing.

Smartphones are now the leading device for accessing the internet, but the most explosive growth on these devices is the use of mobile apps. Large companies are responding by launching their own apps that allow them to talk directly to their best customers -- alerting consumers to promotions and providing them with the latest news about products, services and special events.

"Up until now, the problem for smaller companies has been the cost of developing and maintaining their own mobile applications," explains Anthony Havens, CEO of Sparta. "Our iMobileApp platform allows growing businesses to have their own mobile app, at a cost that is affordable and considerably lower than traditional marketing methods."

Sparta is already a leader in business mobile app development with its Specialty Mobile Apps product -- a platform designed for and used by large vehicle dealer networks. "Our years of expertise in this relatively new industry sets us apart from the competition," says Mr. Havens. "That know-how led us to offer an affordable, customizable and easy-to-manage mobile app product that every business can take advantage of."

iMobileApp is designed specifically for small and growing businesses -- like retailers, restaurants, grocery stores and service providers. The iMobileApp Development Team takes the lead in creating the customer's business mobile app, provides full customer support, and also offers full mobile app campaign management. According to Havens, "All a business owner has to do is provide their information, and we will do all the heavy lifting -- delivering a fully functioning mobile app and providing mobile campaign management."

Small and growing businesses that want to understand more about mobile apps, and how their company can leverage this powerful new business marketing tool, are invited to visit iMobileApp.com.

About Sparta Commercial Services, Inc.

Sparta Commercial Services, Inc. (www.spartacommercial.com) is a leader in providing motor vehicle history reporting to dealers and consumers, developing and managing custom mobile apps for dealer networks and businesses, and offering and administering vehicle and capital lease programs for municipalities.

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 (www.specialtyreportsinc.com) is trusted by industry professionals to give buyers accurate, timely and thorough title history reports. The Company targets four motor vehicle markets through www.CarVinReport.com (automobiles and light trucks), www.Cyclechex.com (motorcycles), www.RVchecks.com (recreational vehicles) and www.truckchex.com (commercial trucks).

Sparta's Mobile Applications Division offers a customizable mobile app product for vehicle and power-sport dealer networks, as well as a mobile app product for growing businesses. Specialty Mobile Apps (www.SpecialtyMobileApps.com) is a product that gives dealers their own branded mobile app. The app allows dealers to stay in contact with their customers and communicate about promotions, special events, new inventory arrivals, and more. iMobileApp (www.iMobileApp.com) is the newest mobile app product from Sparta -- providing small and growing companies with a customized mobile app for their businesses, at a fraction of the cost of traditional and web marketing.

Sparta's Municipal Leasing Division 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.