Thursday, September 26, 2013

On the Move Systems Corp. (OMVS) Signs Agreement to Bring on New Partner

Today before the opening bell, On the Move Systems provided an update on its aggressive strategy to expand its portfolio of transportation partners. The company recently entered a letter of intent to offer air transportation services from the Naples Connection, Inc., on its new online portal now in development.

The Naples Connection is a Florida company that delivers online deals on flights, cruises, hotels, and travel. The company has already begun conducting due diligence toward possible joint ventures, partnerships, and other strategic opportunities with the company. The Naples Connection could soon be OMVS’ first partner to share in charter, travel, and cargo revenues, beginning with transport to the Bahamas.

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, intermodal transport, luxury driving, pet shipping, and more. Last week, OMVS inked a letter of intent with JetSet Car Service, an expansion-minded luxury chauffeured car service based in Houston.

Under the terms of potential definitive agreements, the Naples Connection, JetSet, and many others would reap the benefit of OMVS’ innovative online marketing strategies while providing top-flight service to travelers and shippers through the portal. 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 views this shortfall as a major market opportunity.

For more information, visit www.onthemovesystems.com

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