OMVS Lines Up New Acquisition Targets in $300 Billion Online Transportation
TAMPA, Fla. -- August 20, 2013
After formally announcing its revolutionary new business model to capture a
share of the booming $300 billion online transportation sector, On the Move
Systems Corp. (OTCBB: OMVS) is wasting no time in lining up emerging
transportation providers for potential partnership and acquisition.
The company has already initiated talks with private air carriers, ground
transportation services and intermodal and logistics providers well-positioned
to help OMVS achieve its mission to create a next-generation online
transportation portal. Competing portals such as Kayak, Expedia, Travelocity,
Orbitz and more have revolutionized the way we move from place to place, and
OMVS is currently exploring new opportunities to foster a similar revolution
for people and businesses looking to avoid the big airlines and shipping
companies without paying exorbitant fees.
“The online transportation segment has been forecast by many experts to
represent almost a third of the trillion-dollar global transportation market,”
said OMVS CEO Patrick Brown. “The evolution of this industry is far from over,
and we believe we have the technology to push this sector into a new era of
By offering easy, round-the-clock access to niche service providers, OMVS
plans to market new technology solutions that will allow it to compete in the
online transportation 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
About On the Move Systems, Inc.
Onthe 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 transportation industry. For more information, please visit
our website atwww.onthemovesystems.com.
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.
On the Move Systems, Inc.
Patrick Brown, 813-367-9511
President and CEO
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