OMVS Engineers New Business Travel Solutions as Transportation Costs Rise
December 10 2013 - 5:00AM
Business Wire
With travel costs forecast to rise worldwide in 2014, On the
Move Systems Corp. (OTCBB: OMVS) is hard at work developing new
transportation options for business travelers looking to stretch
their budgets in the coming year.
According to Carlson Wagonlit Travel’s (CWT) 2014 Travel Price
Forecast, travel costs will be on the upswing across several
sectors. While the airline segment is expected to remain dynamic,
hotels in key business destinations see their highest rate
increases in decades, according to CWT. Likewise, car rentals and
ground transportation worldwide will likely see price increases
next year.
With travel costs on the rise, it will be more important than
ever in 2014 for companies to ensure their travel resources are
allocated properly to support the achievement of their overall
business objectives. OMVS is working on solutions to help companies
treat travel as an investment rather than an expense.
For instance, through its cutting-edge online transportation
portal now in development, OMVS plans to offer business and leisure
travelers the comfort and convenience of private air travel to any
destination without the prohibitive costs associated with buying,
insuring and maintaining an aircraft. The company is already lining
up partners to offer online shoppers luxury ground transport,
shipping services, lodging accommodations, fantasy sports getaways
and other options not found anywhere else on the Web.
“With the potential for travel costs to reach into the hundreds
of millions of dollars for many companies next year, businesses are
looking for better, more affordable solutions,” said OMVS CEO
Robert Wilson. “Our revolutionary new online portal is where
they’ll find them.”
By developing a new niche travel and transportation hub, 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).
About On the Move Systems Corp.
On the Move Systems Corp. (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/investors.
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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