OMVS: Flow of Venture Capital Into Shared Economy Companies Validates Business Model

HENDERSON, Nev.--()--Consumers aren’t the only fans of the shared economy - investors are also giving the revolutionary, cost-effective way of delivering goods and services a vote of confidence. An increasing amount of venture capital is infusing a steady stream of seed money to a dizzying array of startups. On the Move Systems (OTCBB: OMVS) has taken note and says investors’ confidence shows the business model is valid and worthy of pursuit.

Venture capitalists put more than $3.7 billion into shared economy companies in the first quarter of 2015 (the latest quarter for which figures are available), a breathtaking three-month pace that nearly matches the $4.1 billion invested in all of 2014.

“Venture capitalists are going ‘all in’ to catch the shared economy wave as it peaks,” said OMVS CEO Robert Wilson. “That is, if there is a peak. There may be no limit to the shared economy’s growth potential. OMVS has great appeal for investors. Our trucking platform promises to forever alter the way logistics companies network and operate. Our on-demand courier service gives companies and consumers the ability to harness the shared economy to reduce delivery times to near zero. It’s a winning combination.”

OMVS is wrapping up a successful 2015 that saw it sign a key letter of intent for the design of the “Uber-for-Trucking” platform and take the first steps towards development of an on-demand courier service.

The innovative sharing economy trucking platform will allow OMVS 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.

Contacts

On the Move Systems, Inc.
Robert Wilson, 702-990-3271
President and CEO

Contacts

On the Move Systems, Inc.
Robert Wilson, 702-990-3271
President and CEO