OMVS Lines Up New Acquisition Targets in $300 Billion Online Transportation Industry
August 20 2013 - 5:00AM
Business Wire
After formally announcing its revolutionary new business model
to capture a share of the booming $300 billion online
transportation sector, On the Move Systems Corp. (OTCBB: OMVS) is
wasting no time in lining up emerging transportation providers for
potential partnership and acquisition.
The company has already initiated talks with private air
carriers, ground transportation services and intermodal and
logistics providers well-positioned to help OMVS achieve its
mission to create a next-generation online transportation portal.
Competing portals such as Kayak, Expedia, Travelocity, Orbitz and
more have revolutionized the way we move from place to place, and
OMVS is currently exploring new opportunities to foster a similar
revolution for people and businesses looking to avoid the big
airlines and shipping companies without paying exorbitant fees.
“The online transportation segment has been forecast by many
experts to represent almost a third of the trillion-dollar global
transportation market,” said OMVS CEO Patrick Brown. “The evolution
of this industry is far from over, and we believe we have the
technology to push this sector into a new era of customer
service.”
By offering easy, round-the-clock access to niche service
providers, OMVS plans to market new technology solutions that will
allow it to compete in the online transportation market alongside
Priceline.com (NASDAQ: PCLN), TripAdvisor.com (NASDAQ: TRIP) and
Expedia.com (NASDAQ: EXPE).
For more information on On the Move Systems’ bold new direction,
please visit www.onthemovesystems.com.
About On the Move Systems, Inc.
On the Move Systems, Inc. (OTCBB: 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 transportation industry. For more information, please
visit our website at www.onthemovesystems.com.
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