Online Travel Industry Booms
Sep 5th 2013 5:28AM
Updated Sep 5th 2013 5:30AM
Online Travel Industry Booms
TAMPA, Fla.--(BUSINESS WIRE)-- As On the Move Systems Corp. (OTCBB: OMVS) prepares its new online transportation portal for launch, many experts are saying that there's never been a better time to enter the fast-growing sector. Industry analysts SDL reported this week that 80 percent of travelers now make their arrangements online.
In a report titled "The Modern Traveler: A Look at Customer Engagement in the Travel Industry," SDL made that claim after surveying 4,000 consumers in the United Kingdom, United States and Australia. Eighty-four percent of respondents stated that a positive online or Web experience is important or very important when booking travel.
That's good news for OMVS as it builds a ground-breaking new Web service designed to offer fantastic deals on chartered airlines, luxury ground transportation, intermodal shipping and more. By delivering top-notch customer service to clients whose transport of choice aren't offered by bigger, established companies such as Priceline and Expedia, OMVS intends to carve out its own growing share of the $300 billion online travel industry.
In order to achieve that goal, OMVS recently signed a development partnership agreement with ByterDyne, an architect of scalable, custom software solutions across the energy, transportation/logistics and e-commerce industries. Together, the two companies are working to complete the development of OMVS' ISTx platform, the digital heart of an online portal designed to connect users with discounted transportation options from charter jet service to luxury ground shuttles and more.
The ISTx platform is a major part of OMVS' plans to market and develop new solutions that will allow it 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.
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 transportation 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.
On the Move Systems, Inc.
Patrick Brown, 813-367-9511
President and CEO
KEYWORDS: United States North America Florida
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