RENO, NV--(NewMediaWire - Oct 25, 2017) - On the Move
Systems (OTC PINK: OMVS) is pleased to announce that its
wholly-owned subsidiary Robotic Assistance Devices (RAD
- www.roboticassistancedevices.com) will make its S5 Security
Guard Robot available to members of PSA Security Network, the
world's largest systems integrator cooperative made up of the most
progressive security and audio-visual integration firms in North
America.
PSA Security Network encompasses more than 400 branch locations,
employing more than 7,500 industry professionals, with more than
$4.5 billion annually in security, fire, life safety and pro
audio-visual installations. By leveraging the power of the PSA
Security Network, RAD will expand the geographic reach of the
innovative S5 Security Guard Robot solution while allowing PSA
members to gain access to the rapidly growing artificial
intelligence market.
"Robotics is the wave of the future, and PSA strives to be a
leader in the delivery of cutting-edge technologies," said Bill
Bozeman, President and CEO, PSA. "RAD enables PSA integrators to
deliver advanced solutions that streamline efficiency, are cost
effective and strengthen overall security. We are excited to have
the opportunity to add RAD to our rich portfolio of technology
partners."
RAD robotics redefines the security services market, allowing
organizations to augment the value of traditional manned guarding
services with high-tech robotics. Through the incorporation of
advanced analytics and strategic technology integrations, the
artificial intelligence solutions created by RAD accelerate deep
learning, automate the security patrol process and build
situational awareness for leaders and first responders in the event
of an incident.
"We're excited to offer our robotic solution through another
channel as part of PSA's expansive integrator network, allowing us
to expand our market reach and educate more end users on how these
solutions can solve today's most complex security problems," said
Steve Reinharz, President and CEO of RAD. "PSA members will now
have the ability to not only offer a cutting-edge technology to
their customers, but also add additional revenue to their business
through our robots-as-a-service model."
RAD has commenced to deploy robots to end users. To date RAD has
commitments for 62 robots for total contract values of
approximately $6 million.
RAD currently has signed agreements for 2 POC's with major
companies.
RAD currently has a sales pipeline of over 50 Fortune 500
companies and over 25 qualified dealers and distributors that have
a combined customer base of more than 35,000 end user
corporations.
The company may post important information about its subsidiary
RAD on its website
at www.RoboticAssistanceDevices.com and through tweets
from RAD President and CEO Steve Reinharz
(https://twitter.com/SteveReinharz)
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING
STATEMENTS
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Statements in this news release other than statements of
historical fact are "forward-looking statements" that are based on
current expectations and assumptions. Forward-looking statements
involve risks and uncertainties that could cause actual results to
differ materially from those expressed or implied by the
statements, including, but not limited to, the following: the
ability of On the Move Systems to provide for its obligations, to
provide working capital needs from operating revenues, to obtain
additional financing needed for any future acquisitions, to meet
competitive challenges and technological changes, and other risks.
On the Move Systems undertakes no duty to update any
forward-looking statement(s) and/or to confirm the statement(s) to
actual results or changes in On the Move Systems expectations.