New York, NY., Oct. 29, 2015 -- Sparta Commercial Services, Inc. (OTCQB: SRCO) announced today that National Powersports Distributors, the largest eBay seller of used motorcycles in the world, has become an Affiliate Reseller for Cyclechex™ Motorcycle History Reports.
In August of this year, National Powersports Distributors teamed up with Cyclechex to become the first motorcycle dealership to provide free motorcycle history reports for all bikes available for sale on its website (www.nationalpowersports.net) and on eBay. As an Affiliate Reseller, National Powersports Distributors will now offer Cyclechex Reports to the millions of annual visitors who are comparatively researching a bike they've found elsewhere, or are in the process of selling their motorcycle.
According to Nathan Sanel, Founder and President of National Powersports Distributors, the Company attracts 500,000 motorcycle buyers and sellers every month to its website. "Many of these are visitors who need a Cyclechex Report for bikes discovered outside our site, or have their own motorcycle to sell. This is a large group of customers that we can offer a Cyclechex Report to."
Sanel goes on to explain that Cyclechex is prominently marketed on the Company's website, "Cyclechex is already a main feature on our home page touting the report as a compelling and differentiated benefit to potential buyers. We recently added the "buy a report" feature to our home page and are truly excited for the opportunity to sell Cyclechex Reports."
Sparta CEO Anthony Havens sees this partnership as more than just a revenue opportunity. "Having the #1 eBay motorcycle seller as a Cyclechex Affiliate Reseller means we can directly tap into a ready-to-buy customer base that will not only provide a valuable stream of revenue, but will also firm up our position as the leading brand name in motorcycle history reporting.
About National Powersports Distributors
National Powersports Distributors (http://nationalpowersports.net/), located in Pembroke, NH, is one of the nation's largest used powersports dealerships, offering bikers an alternative to a traditional motorcycle dealership. With web based sales and a large selection of premium used motorcycles, ATV's, scooters, watercraft and snowmobiles, offered at extremely competitive prices, National Powersports Distributors ships all over the world. Each vehicle in their inventory is thoroughly inspected prior to sale and a comprehensive condition report is provided to the customer to ensure full disclosure.
About Sparta Commercial Services, Inc.
Sparta Commercial Services, Inc. (http://spartacommercial.com/) is a leader, in developing, managing, and servicing custom mobile apps for dealer networks and businesses, in providing motor vehicle history reporting to dealers and consumers, and offering and administering vehicle and capital lease programs for municipalities.
Sparta's Mobile Applications Division offers two customizable mobile app products specifically designed for vehicles dealers and for small and growing companies.
iMobileApp (http://imobileapp.com/) is the newest mobile app product from Sparta - providing diverse small and growing companies with a customized mobile app for their businesses, at a fraction of the cost of traditional and web marketing.
Specialty Mobile Apps (http://www.specialtymobileapps.com/) is a product that gives vehicle dealers their own branded mobile app. The app allows dealers to stay in 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.
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.
Sandra L. Ahman
Sparta Commercial Services, Inc.