OMVS Moves to Capitalize on Solar Development Boom

Falling module prices are causing a boom in solar development, and On the Move Systems Corp. (OTCQB: OMVS) is working to accelerate the process.

Decreases in the cost of new solar panels have led to a surge in commercial-scale solar development throughout the U.S. Market research firm SolarBuzz reported last week that the nation’s non-residential solar project pipeline increased from 17,000 megawatts to 24,000 megawatts in just two months, largely due to solar module price drops over the summer. According to recent analysis by GTM Research and the Solar Energy Industries of America (SEIA), the average total installed cost of solar systems in the U.S. fell 20 percent last year, thanks in large part to reductions in solar module and hardware costs.

Costs will drop further and the boom will continue onward if OMVS has its way. Last week, the company announced a new agreement with Texas Southern University (TSU) to co-develop the next-generation solar panel using reliable, affordable inkjet printer technology.

“The impressive reductions in cost associated with solar panels over the last year are hardly accidental,” said OMVS CEO Patrick Brown. “New innovations in technological efficiency have played a major role in making solar power affordable on a commercial scale, and the market is responding in a big way.

“The best part is, we’ve only just scratched the surface of the technology’s potential,” he added.

OMVS and TSU are working to develop new, low-cost solar modules that utilize revolutionary “inks” containing conductive elements that can be sprayed or printed on to a variety of surfaces to create solar cells. These paper-thin modules could potentially be scaled to fit any project, from rooftops to billboards to clothing.

“Rapidly increasing demand for practical, affordable solar power solutions has helped make the solar industry one of the fastest-growing in America despite the trying economic times,” Brown said. “We believe we’re on the verge of a new breakthrough technology that will push solar past the tipping point into the mainstream of the energy sector. Big, bulky and expensive silicon solar panels will soon be a relic of the past, and the market is already primed and ready.”

To learn more about On the Move Systems’ innovative solar energy initiatives, please visit http://www.omvssolar.com/investors.html.

About On the Move Systems, Inc.

On the Move Systems, Inc. (OTCQB:OMVS) is focused on the development of cutting-edge solar technology in coordination with a Texas university. With the company’s expertise in the automotive aftermarket electronics sector opening doors to new opportunities in the multi-billion-dollar solar power industry, OMVS has elected to launch a major solar initiative aimed at developing new technologies designed to help satisfy increasing global demand for practical, affordable green energy solutions. For more information, please visit our website at http://www.OMVSsolar.com. For investing info and performance data on OMVS, please visit http://www.OMVSsolar.com/investors.html.

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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