OMVS Targets New Assets to Capitalize on Soft Oil Prices

On the Move Systems, Inc. (OTCBB:OMVS) announced it is seeking to acquire assets made available in the wake of oil and gas’ economic downturn. The move is set to aid the development of the Company’s on-demand freight platform that is expected to revolutionize the trucking industry.

The Company has sought trucking partners and software designers to develop the platform, and now turns to the purchase of new trucking company assets to broaden its portfolio for the network. The recent decline of oil prices allows the Company to exercise more bargaining power in the pursuit of trucking company assets, as highly leveraged firms look to liquidate assets.

“Oil’s current soft market allows On the Move Systems some exciting opportunities to acquire trucking company assets that would not have been available several months ago. These new assets will let us build our brand and network with special partners to raise our profile in trucking and expand our platform.”

The Company’s on-demand freight platform will capitalize on the nation’s booming “sharing economy,” offering on-demand customized freight carriers under a business model similar to popular sites like Uber and Airbnb. OMVS will continue to build its portfolio and ready a timeline for the platform’s unveiling.

The innovative sharing economy freight platform will allow the company to compete alongside Con-way Freight (NYSE:CNW), SAIA Inc. (NASDAQ:SAIA) and Old Dominion Freight Lines (NASDAQ:ODFL).

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,” “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.

Contacts:

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

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