TMCnet News
OMVS Enters Multi-Billion-Dollar Global Wireless MarketTAMPA, Fla. --(Business Wire)-- In an aggressive move to capture a share of the booming global wireless communications market, On the Move Systems Corp. (OTCQB: OMVS) today announced the formation of a new division to develop cutting-edge technology innovations in wireless tablets, smartphones and social media applications. "An explosion of new innovations has ignited an unprecedented wireless communications boom in every region of the globe," said OMVS CEO Patrick Brown. "Revolutionary new technologies such as the Apple (News - Alert) iPad, Facebook, and Android Market are driving unbelievable growth in this sector, and our new division will allow OMVS to grow right along with it." The "cool factor" associated with the latest wireless technologies has helped fuel enormous sales gains in 2011. Industry analysts Infonetics (News - Alert) Research reported last week that 14 million mobile broadband-enabled tablet computers were sold worldwide in the second quarter of 2011, an 80-percent increase over the first quarter. $31.4 billion was spent on smartphones in the second quarter. Millions more were spent on smartphone and tablet accessories. As astonishing as those numbers appear, the growth in mobile device sales has only just begun. Wireless Intelligence forecasts that the total number of mobile connections across the world will exceed 6 billion by the end of the year. "Demand from the emerging markets in India, China, Indonesia and elsewhere is spurring incredible growth in mobile electronics," Brown said. "Very soon, more users will access the Web using wireless mobile devices than PCs, and the Internet will look and work much differently. OMVS' new wireless division will be dedicated to the development of new technology solutions to capitalize on this major shift in the market." New hardware innovations are only part of the mobile communications story, however. The rapid emergence of socal media solutions such as Twitter, YouTube (News - Alert), Facebook and others has revolutionized the way that people all over the world live, interact and do business. "Tablets and smartphones are powerful tools, but social media represents a fundamental shift in the way we communicate - These are game-changing technologies," Brown said. "In a matter of years, businesses and consumers won't have to search for products and services - Products and services will find us through social media. To OMVS, that challenge represents an opportunity that is potentially very lucrative, indeed." On the Move Systems is already hard at work forging new business relationships in the rapidly-growing mobile communications industry, Brown added. "We plan to announce exciting new development agreements very soon," he said. For more information on OMVS' solar initiative and other projects, please visit http://www.onthemovesystems.com/investor-relations.html. About On the Move Systems, Inc. On the Move Systems, Inc. (OTCQB: OMVS) is focused on the development of cutting-edge technology across a broad spectrum of industries. The company is currently exploring exciting new opportunities in the solar energy, clean technology, and mobile communications technology sectors. For more information, please visit our website at http://www.onthemovesystems.com. For investing info and performance data on OMVS, please visit http://www.onthemovesystems.com/investor-relations.html. More information on OMVS' solar division can be found at http://www.omvssolar.com/investors.html. 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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