OMVS: Reports Show Shared Economy Businesses Rapidly Becoming Markets’ Preferred Choice

HENDERSON, Nev.--()--As On the Move Systems (OTCBB: OMVS) makes continued progress on its revolutionary on-demand “Uber-for-Trucking” app and its innovative online courier business, the company has been buoyed by reports that show such shared economy services are gaining acceptance and have entered the mainstream.

Surveys by noted analysts PriceWaterhouseCoopers show nearly half of all Americans are now aware of shared economy services and an astounding 72 percent see themselves patronizing such a business sometime in the next two years.

According to some economists, one of the major benefits driving the continued growth and success of shared economy businesses are that they increase the supply and diversity of a product or a service, and that, in turn, has a deflationary effect on prices.

“We believe this revolutionary business model is one that will lead us to long-term success,” said OMVS CEO Robert Wilson. “The shared economy model – like our trucking platform and courier service - is quickly becoming the business model of choice that people trust and support because they understand it offers them unique savings and advantages other businesses can’t duplicate. We’re developing services that will deliver low-cost, quality benefits that customers can and will want to utilize on a daily basis. That’s a winning formula in any line of business.”

Analysts have speculated the shared economy represents a $450 billion total market.

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