Online Travel Industry Booms
September 05 2013 - 5:00AM
Business Wire
As On the Move Systems Corp. (OTCBB: OMVS) prepares its new
online transportation portal for launch, many experts are saying
that there’s never been a better time to enter the fast-growing
sector. Industry analysts SDL reported this week that 80 percent of
travelers now make their arrangements online.
In a report titled “The Modern Traveler: A Look at Customer
Engagement in the Travel Industry,” SDL made that claim after
surveying 4,000 consumers in the United Kingdom, United States and
Australia. Eighty-four percent of respondents stated that a
positive online or Web experience is important or very important
when booking travel.
That’s good news for OMVS as it builds a ground-breaking new Web
service designed to offer fantastic deals on chartered airlines,
luxury ground transportation, intermodal shipping and more. By
delivering top-notch customer service to clients whose transport of
choice aren’t offered by bigger, established companies such as
Priceline and Expedia, OMVS intends to carve out its own growing
share of the $300 billion online travel industry.
In order to achieve that goal, OMVS recently signed a
development partnership agreement with ByterDyne, an architect of
scalable, custom software solutions across the energy,
transportation/logistics and e-commerce industries. Together, the
two companies are working to complete the development of OMVS’ ISTx
platform, the digital heart of an online portal designed to connect
users with discounted transportation options from charter jet
service to luxury ground shuttles and more.
The ISTx platform is a major part of OMVS’ plans to market and
develop new solutions that will allow it to compete in the online
travel 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 Corp.
On the Move Systems Corp. (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.
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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