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.
“ByterDyne has the development skills to help transform our vision into a reality,” said OMVS CEO
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. The largest online portals, however, typically focus on the major airlines, leaving many travelers out in the cold. OMVS sees this shortfall as a major opportunity.
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 (OTCBB: PCLN), TripAdvisor.com (OTCBB: TRIP) and Expedia.com (OTCBB: EXPE).
For more information on On the Move Systems’ bold new direction, please visit 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.
President and CEO
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