OMVS Initiates Talks with Tablet Manufacturer
September 26 2011 - 9:00AM
Business Wire
On the Move Systems Corp. (OTCQB: OMVS) announced today that it
has begun negotiating a new partnership with the electronics
developer Noitavonne, makers of the Loop Tablet computer.
Last week, OMVS formed a new division to develop cutting-edge
technology innovations in wireless tablets, smartphones and social
media applications. A potential partnership with Noitavonne would
help OMVS to capitalize on the rapid pace of compound growth
forecast for the tablet computer market in the coming years.
“The incredible explosion in the tablet market is being driven
by the rapidly changing demands of today’s mobile society—it’s
truly a game-changing innovation,” said OMVS CEO Patrick Brown.
“Consumers and business around the world want real-time, on-demand
access to social media, Web content, computing tools and mobile
applications. The tablet has singularly emerged as the ideal
solution for accessing all of these features, and OMVS will move
aggressively to exploit its unprecedented market potential.”
Mass adoption of tablet computers is occurring at an even faster
pace than the historic rates set by smartphones, PCs, mp3 players
and other recent breakthrough technologies. Industry analysts
predict that tablet sales in 2011 will more than double last year’s
totals. Currently, the tablet market is dominated by Apple with its
iPad products.
“A true challenger to Apple’s dominant market position has yet
to emerge, which presents a tremendous opportunity,” Brown said.
“With the tablet market growing at such an unbelievable pace, there
is ample room in the market for a price-competitive player. A
potential partnership with Noitavonne would give us the opportunity
to examine the company and its prospects closely to determine if
they have the potential to fill this very lucrative niche in the
market.”
For more information on OMVS’ mobile electronics initiative and
other projects, please visit
http://www.onthemovesystems.com/investor-relations.html.
About On the Move Systems, Inc.
On the Move Systems, Inc. (OTCQB: OMVS) is focused on the
development of cutting-edge technology across a broad spectrum of
industries. The company is currently exploring exciting new
opportunities in the solar energy, clean technology, and mobile
communications technology sectors. For more information, please
visit our website at http://www.onthemovesystems.com. For
investing info and performance data on OMVS, please
visit http://www.onthemovesystems.com/investor-relations.html.
More information on OMVS’ solar division can be found
at http://www.omvssolar.com/investors.html.
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