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OMVS: Newly Signed Letter of Intent Clears Road for Shared Economy Platform

Thursday, 21 April 2016 08:33 AM

On the Move Systems

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HENDERSON, NV / ACCESSWIRE / April 21, 2016 / On the Move Systems' (OTC: OMVS) much anticipated "Uber for Trucking" shared economy platform got a major octane boost when the company inked a key letter of intent (LOI) with a Houston-area based trucking firm. The milestone agreement provides OMVS an industry partner that can deliver the online app a vital beta testing ground before its ultimate launch.

Thanks to the LOI, OMVS can now start collaborating with Tier 1 Transport and Logistics (Tier 1) on areas of common interest and benefit. Tier 1, based in the metropolitan Houston area, provides a variety of trucking services, including flatbed transport, less-than-truckload deliveries, temp controlled trucking, and small parcel.

"Tier 1's line of trucking services should provide a challenging and robust beta test for our cutting-edge shared economy app," said OMVS CEO Robert Wilson. "Once ready, we anticipate being able to put the platform through a wide variety of paces fully simulating what we will find out in the industry. Only this will be in a controlled environment where we can make additional refinements and improvements that will make our platform second to none. This agreement moves us much further along the road toward our ultimate goals."

OMVS' revolutionary on-demand platform will allow truckers to connect via an online app to improve operations, scheduling, routing and optimization. This platform will utilize the growing power of the shared economy, first made popular by such well-known companies as Uber, Lyft and AirbNb. Following their successful business model, OMVS intends to be a similar shared economy pioneer in the trucking and logistics industry.

The shared economy is booming as analysts estimate the total market for such services to be $450 billion.

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.

Contact:

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

SOURCE: On the Move Systems, Inc.

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