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OMVS: Trucking Firm Could Build Revenue, Give Way to Beta-Test Shared Economy AppAs On the Move Systems (OMVS) continues due diligence on acquiring a small trucking operation, the company believes the move would not only allow it to expand its revenue base, but provide a solid proving ground for its upcoming "Uber-for-Trucking" platform. OMVS reports design work continues on the revolutionary app. This platform promises to change the way truckers do business as far as optimization, scheduling and networking by utilizing the growing power of the shared economy. Shared economy companies like Uber, Airbnb, Snapgoods and Fon have pioneered a new business model that has forever altered the way many Americans bu, sell and trade goods and services. OMVS intends to do the same thing in the trucking and logistics industry. Having its own trucking company to beta-test and refine the service in-house before it goes live would be advantageous. "A trucking company of our own would offer several key benefits," said OMVS CEO Robert Wilson. "As far as the online platform goes, we would have the perfect testing ground to ensure it can meet and exceed the exacting demands of the marketplace. In addition, the trucking firm would generate additional revenues to support the company and its continued expansion." Recent reports indicate the market for trucking is strong, giving support to OMVS's acquisition plans. The shared economy is similarly booming, as analysts estimate the total market for shared economy services to be $450 billion. OMVS's proposed new trucking firm would allow the company to compete alongside Con-way Freight (CNW), SAIA Inc. (SAIA) and Old Dominion Freight Lines (ODFL). For more information on OMVS, please visit www.onthemovesystems.com. About On the Move Systems, Inc. On the Move Systems, Inc. (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 and exploring new opportunities in trucking. 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," "anticipates" 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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