TMCnet News
OMVS Targets New International Charter OpportunitiesTAMPA, Fla. --(Business Wire)-- On the Move Systems Corp. (OTCBB: OMVS), a growing online travel provider, is currently evaluating a potential deal to begin offering charter flights to Cuba through its innovative new online portal now under development. Currently, the company is negotiating to sell chartered flights on the site from Southwest Florida to Cuba through its joint venture partner, Gulf Coast Aircraft, Inc. The companies are working on an agreement that would find OMVS referring air travelers to Gulf Coast Aircraft, Inc. through its groundbreaking portal in exchange for a share of travel agent commissions. Travel between the U.S. and Cuba is restricted and often inconvenient, since tourism by Americans in the Communist nation has been barred. Many U.S. citizens, however, can now get permission for travel to Cuba from a licensed service provider, as designed by the U.S. Treasury Department and the Office of Asset Control (OFAC), instead of through the U.S. government. OMVS sees these changing regulations as a major market opportunity. While terms are being negotiated, work continues on OMVS' groundbreaking ISTx platform, the digital heart of its plan to compete in the $300 billion online transportation industry by offering niche services such as private air charters, intermoal transport, luxury driving, pet shipping and more. 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. The ISTx platform is key to OMVS' plans to market and develop new solutions that will allow it to compete in the online travel market alongside Priceline.com (NASDAQ: PCLN), TripAdvisor.com (NASDAQ: TRIP) and Expedia (News - Alert).com (NASDAQ: EXPE). For more information on OMVS' 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.
|
