Reno, NV -- November 7, 2017 -- InvestorsHub NewsWire -- On the
Move Systems (OTC PINK: OMVS) is pleased to announce that
Robotic Assistance Devices (RAD), its wholly owned subsidiary, has
deployed its first security guard robot at the headquarters of
Romeo Power Technology in Vernon, Calif. The 113,000-square- foot
facility will benefit from the addition of RAD robotic personnel,
and will augment the existing security, safety and operational
processes in place at the site.
"RAD is the perfect partner to help us increase safety, enhance
productivity and control access to our facility," said Michael
Patterson, Romeo, CEO and co-founder. "In addition, our partnership
allows us to gather data from the artificial intelligence market,
which we know will play an ever growing role in our business."
Romeo is the exclusive battery pack technology partner to RAD.
Romeo lithium-ion battery packs power RAD's fleet of security guard
robots, providing 12 hours of continuous operation regardless of
terrain or climate. Additionally, these advanced battery packs
enable RAD robotics to experience four continuous years of use
without replacement.
Romeo, founded by engineers and designers from SpaceX, Tesla,
Samsung, Apple and Amazon, is an energy storage technology company
leading the charge in battery pack innovation, safety and
reliability for vehicles and stationary storage.
"We are pleased to deploy the first robot at Romeo Power
Technology -- part of our robot-as- a-service delivery model that
differentiates us from other robotic and artificial intelligence
providers," said Steve Reinharz, President, RAD. "As we move toward
exceeding our 2017 delivery targets, we continue to experience
significant and growing market interest on our solutions, which are
designed to augment existing security teams."
The Security Guard robots, which are optimized with RAD's
customized services and solutions, deliver a cost-effective
solution to augment traditional manned guard services. The robots
serve as force multipliers and remove security personnel from
potentially dangerous situations, reducing liability. The
combination of human personnel with robotic technologies creates a
strong value proposition that results in new levels of security and
streamlined operations.
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)
About Romeo Power
Romeo Power makes the most powerful and energy-dense battery packs
in the world. Top engineers and designers from SpaceX, Tesla,
Samsung, Apple, and Amazon, started Romeo Power in 2015 with the
belief that safe and reliable energy is crucial to the advancement
of human health and economic development. Today, the energy storage
technology company leads the charge in battery pack innovation,
safety and reliability for vehicles and stationary storage. For
more information go to https://romeopower.com.
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.