OMVS Targets Growth Market in Business Jet Service
TAMPA, Fla. -- October 28, 2013
To help meet rising global demand for business jets, On the Move Systems Corp.
(OTCBB:OMVS) is exploring new ways to offer executive travelers first-class
air charter service without the wince-inducing costs associated with buying a
Reuters reported last week that sales of business jets are expected to reach
$18.4 billion this year, up about eight percent from 2012. It’s a strong sign
that demand for executive air travel is on the rise, especially in emerging
markets such as China and Latin America.
OMVS is building a new online transportation portal designed to offer niche
travel options—including air charter services—that aren’t offered by its
larger, more established competitors in the space. Business jet travel will be
an area of focus as the company works to dramatically expand its list of
service provider partnerships.
“We forecast demand for jet travel to continue rising for the foreseeable
future, driven by advances in technology and the growth of global business
networks,” said OMVS CEO Robert Wilson.
With its cutting-edge online transportation platform now in development, OMVS
plans to offer executives the opportunity to fly by jet to any destination
without the prohibitive costs associated with buying, insuring and maintaining
Last week, 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. By developing new and better solutions for business travelers, 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
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
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 Corp.
Robert Wilson, 813-367-9511
President and CEO
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