On the Move Systems Corp.

  • ISIN: US68220L2034
  • Land: .

Nachricht vom 17.05.2017 | 15:30

OMVS: Robotic Assistance Devices Hires VP Sales

DGAP-News: On the Move Systems Corp. / Key word(s): Miscellaneous

17.05.2017 / 15:30
The issuer is solely responsible for the content of this announcement.


Henderson, Nevada--(Newsfile Corp. - May 17, 2017) - On the Move Systems (OTC Pink: OMVS) is pleased to announce that Robotic Assistance Devices (RAD - www.roboticassistancedevices.com) has named Matt Klock as Vice President of Sales for its U.S.-based operations. Mr. Klock is responsible for the development and execution of RAD's business development strategies and will provide skilled sales leadership for RAD's solutions and growing sales team. Mr. Klock brings a wealth of experience to his role with RAD, spanning client relationship development with a concentrated focus on customer satisfaction. Mr. Klock joins RAD from Securitas Security Services USA, where he worked out of San Diego, overseeing operations and customer service initiatives for multiple locations. Securitas has over 330,000 employees worldwide. Mr. Klock has also worked for Kratos/HBE and served as District Manager for AlliedBarton Security, as well as Project Manager, working directly with The Walt Disney Studios in Burbank, California. He is currently the Chapter Chairman for ASIS San Diego and is an Infraguard Infrastructure Liaison Officer. 'We are very excited that RAD has brought on Mr. Klock as VP sales,' said Garett Parsons President and CEO of OMVS, 'RAD already has a tremendous pipeline of prospective new clients and Matt is perfectly positioned to significantly increase RAD's customer base.'

RAD is expected to commence proof of concepts in July and to sign on new clients. This is in addition to the existing 10 robot commitments that were signed up last month for total contract values of $1 million. OMVS has commenced its due diligence process on RAD as part of the binding LOI that was entered into last week for the purchase of 100% of RAD by OMVS. It is anticipated that the acquisition will close before August 10, 2017.

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.

For further information please refer to www.sec.gov

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.

Investor Relations:
Everest Corporate Advisors Inc.
Jack Thompson
www.everestcorp.net
702-902-2361

Click on, or paste the following link into your web browser, to view the associated documents http://www.newsfilecorp.com/release/26839


17.05.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

GBC im Fokus

The Grounds-Gruppe: Ein attraktiver Immobilienbestandshalter entsteht

Die The Grounds-Gruppe führt eine Kapitalerhöhung von bis zu 11,2 Mio. € durch. Der Erlös soll für den Aufbau des Immobilienbestands verwendet werden. Parallel dazu soll auch der Development-Bereich ausgebaut werden. Die Gesellschaft verfügt derzeit über fünf vertraglich gesicherte Entwicklungsprojekte sowie über weitere Projekte in einer fortgeschrittenen Verhandlungsphase mit einem Volumen von über 370 Mio. €. Das erfahrene Management hat demnach die Basis für weiteres Umsatz- und Ertragswachstum gelegt. Wir haben ein Kursziel von 5,40 € ermittelt, welches deutlich oberhalb des aktuellen Platzierungspreises von 2,20 € liegt. Das Rating lautet KAUFEN.

Aktuelle Research-Studie

Vita 34 AG

Original-Research: Vita 34 AG (von Montega AG): Kaufen

23. November 2017