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On The Move Systems Corp. (OMVS) Advances The Development Of Cutting-Edge Transportation Platform

|Includes: On The Move Systems Corp. (OMVS)

Today before the opening bell, On the Move Systems Corp. announced that it is moving forward with the construction of a next-generation online transportation portal designed to deliver an unparalleled number of travel options to business and consumers.

The company signed a development partnership agreement with ByterDyne, an architect of scalable, custom software solutions across the energy, transportation/logistics, and e-commerce industries. The two companies will be working together to complete the development of OMVS' ISTx platform, the digital heart of an online portal designed to connect users with discounted transportation options from charter jet service to luxury ground shuttles and more.

"ByterDyne has the development skills to help transform our vision into a reality," stated OMVS CEO Patrick Brown. "We've already created the framework for a powerful, user-friendly destination online for niche travelers who are underserved by our competitors in this space. With their help, the ISTx will soon emerge as a peerless, disruptive technology in the transportation industry."

According to a report by the travel research company PhoCusWright, a third of all travel sales around the globe will be booked online this year. 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 underserved. OMVS sees this gap as a major opportunity.

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