Close

OMVS: A Sharing Economy and Innovation to Lead OMVS Direction

April 2, 2015 7:34 AM EDT

HENDERSON, Nev.--(BUSINESS WIRE)-- As On the Move Systems, Inc. (OTCBB: OMVS) continues the development of its groundbreaking on-demand freight program, the rising popularity of sharing economy services could advance the Company’s position to be a major player in freight.

Interest in Uber and other sharing economy applications is booming – the sector is predicted to be worth $335 billion by 2025. OMVS’ innovative on-demand freight platform will take advantage of this popular sharing economy system by offering users access to customized, local freights to match broker and carrier needs. Applying the novel concept to the trucking industry has the potential to revolutionize the way freight is delivered.

“Allowing users access to customized local freight services could change the way we look at shipping,” said OMVS CEO Robert Wilson. “Brokers will revaluate what it means to ship freight if they are able to choose a customized freight carrier that allows for faster connectivity and fosters a level playing field for truckers. Our on-demand freight platform will be a more efficient way to match the need with the opportunity.”

The Company is currently in talks with a software developer to design the program and partnering with local trucking companies to join the evolving database of freight carriers. The revolutionary technology will allow the company to compete alongside Con-way Freight (NYSE: CNW), SAIA Inc. (NASDAQ: SAIA) and Old Dominion Freight Lines (NASDAQ: ODFL).

For more information on OMVS, please visit www.onthemovesystems.com.

About On the Move Systems, Inc.

On the Move Systems, Inc. (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 and exploring new opportunities in trucking. For more information, please visit our website at www.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,” “anticipates” 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.
Robert Wilson, 702-990-3271
President and CEO

Source: On the Move Systems, Inc.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Press Releases