Emerging Wireless Markets in Asia, Latin America Key to OMVS’ Growth
TAMPA, Fla.--(BUSINESS WIRE)-- To exploit the untapped wireless market potential of China, India, Brazil and other nations on the rise, On the Move Systems Corp. (OTCBB:OMVS) is working to develop new mobile technologies tailored to the needs of emerging markets around the globe.
“As strong as demand has been for new products in the top wireless markets such as the U.S., we believe it will soon be dwarfed by China, Russia and other emerging markets,” Brown said. “In many of these places, Wi-Fi is scarce; 3G-enabled smartphones and tablets are people’s primary means of accessing digital content. There is enormous potential for wireless market growth in these places, and OMVS is aggressively pursuing new mobile technology solutions that will be powerful and affordable enough for mass appeal there.”
Internet access remains a rare privilege in nations such as Brazil, China and, especially, India, where only 5.1 percent of citizens have internet access. The rise of 3G mobile services around the world promises to change that, making tablet computers and smartphones very attractive consumer options. Price tags, however, remain a barrier.
“As prices continue to come down on 3G tablets and smartphones, digital content usage is going to skyrocket in emerging markets,” Brown said. “The opportunity for growth here is incredible, which is why OMVS is exploring new development partnerships in these markets to create hardware and content solutions designed specifically for emerging-market consumers.”
OMVS (www.onthemovesystems.com/investor-relations) created a new division to develop cutting-edge technology innovations in wireless tablets, smartphones and mobile applications last month. Information on OMVS’ solar division can be found at www.omvssolar.com/investors.
About On the Move Systems, Inc.
On the Move Systems, Inc. (OTCBB:OMVS) is focused on the development of cutting-edge technology across a broad spectrum of industries. The company is currently exploring exciting new opportunities in the solar energy, clean technology, and mobile communications technology sectors. For more information, please visit our website at www.onthemovesystems.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
CONTACT:
On the Move Systems, Inc.
Patrick Brown, 813-367-9511
President and CEO
info@onthemovesystems.com
KEYWORDS: United States Brazil Asia Pacific North America South America China Florida India
INDUSTRY KEYWORDS: Technology Consumer Electronics Software Mobile/Wireless
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