OMVS Targets Growth Market in Business Jet Service
October 28 2013 - 5:00AM
Business Wire
To help meet rising global demand for business jets, On the Move
Systems Corp. (OTCBB:OMVS) is exploring new ways to offer executive
travelers first-class air charter service without the
wince-inducing costs associated with buying a plane.
Reuters reported last week that sales of business jets are
expected to reach $18.4 billion this year, up about eight percent
from 2012. It’s a strong sign that demand for executive air travel
is on the rise, especially in emerging markets such as China and
Latin America.
OMVS is building a new online transportation portal designed to
offer niche travel options—including air charter services—that
aren’t offered by its larger, more established competitors in the
space. Business jet travel will be an area of focus as the company
works to dramatically expand its list of service provider
partnerships.
“We forecast demand for jet travel to continue rising for the
foreseeable future, driven by advances in technology and the growth
of global business networks,” said OMVS CEO Robert Wilson.
With its cutting-edge online transportation platform now in
development, OMVS plans to offer executives the opportunity to fly
by jet to any destination without the prohibitive costs associated
with buying, insuring and maintaining an aircraft.
Last week, the company’s executive leadership opened talks with
several transportation companies regarding possible partnerships
and acquisitions this week at the National Business Aviation
Association Convention & Exhibition in Las Vegas. By developing
new and better solutions for business travelers, OMVS plans to
compete in the online travel market alongside larger firms such as
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/investors.html.
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 travel
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.
On the Move Systems Corp.Robert Wilson, 813-367-9511President
and CEOinfo@onthemovesystems.com
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