OMVS Opens Acquisition Talks
TAMPA, Fla. -- October 24, 2013
As On the Move Systems Corp. (OTCBB: OMVS) works to build a promising stable
of service providers for its new online portal, the company’s executive
leadership opened talks with several transportation companies regarding
possible partnerships and acquisitions this week at the National Business
Aviation Association Convention & Exhibition in Las Vegas.
Offering niche travel and transportation services—including chartered flights,
chauffeur service, intermodal shipping and more—is key to OMVS’ plan to
compete in the $300 billion online travel market. By connecting service
providers with opportunistic travelers, OMVS plans to earn higher customer
satisfaction than its larger, more established competitors in the industry.
To that end, the company is seeking out deals with licensed charter companies
offering flights to popular destinations at the conference, as well as luxury
ground transportation firms interested in increasing their online bookings
through OMVS’ groundbreaking platform.
As negotiations begin, the company hopes to soon add many more partners to its
growing roster of service providers. Just last week, OMVS inked its first
revenue-sharing agreement with a Florida-based provider of deals on flights,
cruises, hotels and travel and acquired a stake in a Texas-based luxury
chauffeured car service with aggressive expansion goals.
By developing new solutions for business and leisure travelers who shop
online, OMVS plans to compete in the online travel market alongside larger
firms such as 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 Corp.
On the Move Systems Corp.(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
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
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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 Corp.
Robert Wilson, 813-367-9511
President and CEO
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