OMVS Explores Adding Oil & Gas Transportation Services
April 15 2014 - 5:00AM
Business Wire
With the oil and gas industry in the U.S. enjoying a
tremendously profitable renaissance, On the Move Systems Corp.
(OTCBB: OMVS) is exploring the addition of oilfield transportation
services to its growing slate of online travel and transportation
options.
New drilling technologies have led to an unprecedented boom in
energy exploration and production in the United States, and in
Texas, in particular, where the Eagle Ford shale formation has
become one of the biggest natural gas plays in world history.
Today, America has become the world's largest producer of natural
gas, and it places third in oil production, just behind Saudi
Arabia and Russia. Shale production has launched corresponding
booms in pipelines and railroads. It has expanded the oil and gas
industries by an estimated 600,000 workers.
In order to capture some of the enormous growth being generated
by the oil and gas industry, OMVS is working to partner with or
acquire companies capable of providing comprehensive oilfield
transportation services, from trucking to rail to intermodal
shipping.
“This is a growing industry that requires a lot of niche
transportation services, and we plan to position OMVS to provide
them,” said OMVS CEO Robert Wilson.
By forging strategic partnerships with cutting-edge travel and
transportation providers, OMVS plans to build a network of niche
services that will soon comprise its forward-looking online booking
portal. The company expects to market and develop new solutions
that will allow the company to compete alongside Priceline.com
(NASDAQ: PCLN), TripAdvisor.com (NASDAQ: TRIP) and Expedia.com
(NASDAQ: EXPE).
For more information on OMVS’ 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 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, 813-367-3511President
and CEOinfo@onthemovesystems.com
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