SOURCE: On the Move Systems

On the Move Systems

October 04, 2017 09:00 ET

OMVS: Robotic Assistance Devices Prepares Two Robots For Deployment

RENO, NV--(Marketwired - Oct 4, 2017) - On the Move Systems (OTC PINK: OMVS) is pleased to announce that its wholly owned subsidiary Robotic Assistance Devices (RAD has its first two autonomous security robots being prepared for deployment this month to its first client under RAD's long term robot-as-a-service model as per the guidance press release issued on September 14th. "We are very happy to be preparing our robots for deployment to our first client as we move towards reaching our deployment targets," said Steve Reinharz, president and CEO of RAD. "And we are seeing strong demand for our automation security solutions from the marketplace both at the end user and the distributor level."

RAD has commenced to deploy robots to end users. To date RAD has commitments for 62 robots for total contract values of approximately $6 million.

RAD currently has signed agreements for 2 POC's with major companies.

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.

The company may post important information about its subsidiary RAD on its website at and through tweets from RAD President and CEO Steve Reinharz (

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.

Contact Information

  • Investor Relations:
    Everest Corporate Advisors Inc.
    Jack Thompson