OMVS Seeks Out New Innovations to Better Serve Executive Business Travelers
TAMPA, Fla.--(BUSINESS WIRE)-- As part of its initiative to fill underserved niches in the online travel industry, On the Move Systems Corp. (OTCBB: OMVS) is working to develop new innovations to better serve some of the world's most frequent fliers: executive business travelers.
Business travel is thriving in 2013. The Global Business Travel Association reports that the industry will beat projections by expanding to $268.5 billion this year—a five-percent increase over 2012. The association expects companies to send their employees out on the road a lot more as the year wears on, even to conventions and meetings that were avoided during the economic downturn.
"With the fundamentals of the economy improving, executives and businesspeople are once again taking the skies in record numbers," says OMVS CEO Patrick Brown. "No one else spends so much time traveling, and no one else is more familiar than these people with the inefficiencies and hassles of travel booking."
Now, OMVS is seeking out new innovations in technology and customer service to build online solutions for underserved niches in the travel market, including executive business travelers. This year, a third of all travel sales around the globe will be booked online, according to a report by the travel research company PhoCusWright. Online bookings are growing twice as fast as the total travel market. That growth could lead to big opportunities for OMVS.
OMVS plans to market and develop new solutions that will allow the company to compete in the online travel market alongside Priceline.com (NAS: PCLN) , TripAdvisor.com (NAS: TRIP) and Expedia.com (NAS: EXPE) .
For more information on On the Move Systems' bold new direction, please visit www.onthemovesystems.com/investors.html.
About On the Move Systems, Inc.
On the Move Systems, Inc. (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.
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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.
On the Move Systems, Inc.
Patrick Brown, 813-367-9511
President and CEO
KEYWORDS: United States North America Florida
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