|[April 15, 2014]
OMVS Explores Adding Oil & Gas Transportation Services
TAMPA, Fla. --(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
By orging 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 (News - Alert).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.
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