On the Moves Systems (OTCBB: OMVS) announced today that the company will explore new ways in which online portals can leverage social networks to reduce the costs and increase the convenience associated with planning travel arrangements for business, leisure and even pets.
In recent years, online portals such as Kayak, Expedia, Travelocity, Orbitz and more have revolutionized the way travelers have booked airline trips, but there are other in-demand modes of transportation that aren’t fully covered by these services. OMVS is currently exploring new opportunities to foster a similar revolution for travelers looking to avoid the big airlines without paying exorbitant fees.
“Social networks and online platforms have proven their usefulness and profitability in making the booking process less costly and more convenient,” said OMVS CEO Patrick Brown. “It’s clear, however, that some popular areas of travel remain underserved by these new tools. OMVS is working on new ways to connect travelers with carriers that we think could completely transform the options currently available to people booking trips for business and pleasure, as well as the transport of precious cargo.”
The new online travel initiative is a bold step for OMVS, which has previously been focused on providing emergency and disaster preparedness tools.“The online travel segment is forecast by many industry researchers to represent almost a third of the trillion-dollar global travel market,” Brown said. “We see this segment as the path forward to growth and profitability for our company.” 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.
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