OMVS: Could Mobile Apps Revolutionize the $300 Billion Online Travel Industry?
OMVS: Could Mobile Apps Revolutionize the $300 Billion Online Travel Industry? Business Wire TAMPA, Fla. -- April 19, 2013 The mobile app economy is growing fast around the world—even rivaling the reach of the Internet. On the Move Systems Corp. (OTCBB: OMVS), a technology innovation company, is exploring the potential of mobile applications for smartphones and tablets to revolutionize the $300 billion online travel industry, potentially leveling the playing field for players large and small. According to ABI Research, the mobile app economy is expected to reach $25 billion this year. OMVS is discussing the development of apps in order to better provide stellar customer service and niche travel options in a sector currently dominated by giants like Orbitz, Priceline and Expedia. This year, a third of all travel sales around the globe will be booked online, according to a report by the travel research company PhoCusWright. Online bookings are growing twice as fast as the total travel market, and that growth could lead to big opportunities for OMVS. The company envisions free mobile applications capable of connecting business travelers, luxury vacationers and other globe-trotters with the best options available to them, anywhere in the world. OMVS plans to market and develop new solutions that will allow the company to compete in the online travel market alongside Priceline.com (NASDAQ: PCLN), TripAdvisor.com (NASDAQ: TRIP) and Expedia.com (NASDAQ: EXPE). For more information on On the Move Systems’ bold new direction, please visit www.onthemovesystems.com/investors.html. About On the Move Systems, Inc. On the Move Systems, Inc. (OTCBB: OMVS) is focused on the development of cutting-edge technology across a broad spectrum of industries. The company is currently exploring new online tools to reduce costs and increase convenience in the tourism and travel industry. For more information, please visit our website at www.onthemovesystems.com. Follow OMVS on Twitter: www.twitter.com/OMVSinfo Notice Regarding Forward-Looking Statements Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof. Contact: On the Move Systems, Inc. Patrick Brown, 813-367-9511 President and CEO firstname.lastname@example.org