OMVS: Robotic Assistance Devices Receives Contract Commitments of over $1 Million

April 25, 2017 9:30 AM EDT | Source: On the Move Systems Corp.

Henderson, Nevada--(Newsfile Corp. - April 25, 2017) - On the Move Systems (OTC Pink: OMVS) is pleased to announce that Robotic Assistance Devices (RAD) www.roboticassistancedevices.com has received over $1M worth of rental contract commitments from several clients through its distribution network. RAD presently has 8 employees and consultants. RAD expects to be able to generate upwards of $8M in EBITDA by the end of 2018.

RAD currently has a sales pipeline of over 50 Fortune 500 companies and over 25 qualified dealers and distributors that have a combined customer base of more than 35,000 end user corporations.

CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of On the Move Systems to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. On the Move Systems undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in On the Move Systems expectations.

Public Relations and Media Contact:

Everest Corporate Advisors Inc.
Jack Thompson
702-902-2361

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