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Smart Online Inc (MOST)

Smart Online Inc (MOST)
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MobileSmith Inc is a Delaware corporation, incorporated on August 10, 1993. The Company develops and markets software products and services tailored to mobile devices. It also provides website and mobile consulting services to businesses and not-for-profit organizations. It develops and markets a software-as-a-service (SaaS) platform that allows non-programmers to design and build native mobile applications for smartphones and tablets.Its flagship product is the MobileSmith Platform (the Platform). Platform related services often include data integration and training. The Company also provides consulting services, which include assistance with design and implementation of mobile strategy, implementation of mobile marketing strategy and the development of mobile apps. It uses a SaaS business model the customers acquire access to the Platform through user subscription agreements and are able to obtain total control of mobile app production. Its business model allows for creation and management of any desired number of apps by its customers for a monthly license fee. Its market penetration strategy focuses on three distinct sectors: Government; Healthcare clients; Enterprise clients.
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