OMVS: Robotic Assistance Devices Partners With Large Dealer Network To Deliver Security Guard Robots
September 21 2017 - 9:19AM
InvestorsHub NewsWire
September 21, 2017 09:00 ET
RENO, NV--(NewMediaWire - Sep 21, 2017) - On the Move Systems
(OTC PINK: OMVS) is pleased to announce that its wholly-owned
subsidiary Robotic Assistance Devices (RAD
- www.roboticassistancedevices.com) is pleased to announce its
plans to offer its security guard robotics solution through the
integrator channel.
By leveraging the power of the integrator network, RAD will
expand the geographic reach of the innovative S5 Security Guard
Robot while allowing members to gain access to the emerging
security guard robot market.
"In working with the integrator channel, RAD is expanding its
sales network beyond our guarding company partnerships allowing
more customers to gain access to technologies that transform
security operations," said Steve Reinharz, President and CEO, RAD.
"We look forward to enabling integrators to help their customers
enhance safety while also delivering the services and support
integration firms require to ensure long-term success with emerging
technologies."
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 www.RoboticAssistanceDevices.com and through tweets
from RAD President and CEO Steve Reinharz
(https://twitter.com/SteveReinharz)
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.
CONTACT INFORMATION
Investor Relations:
Everest Corporate Advisors Inc.
Jack Thompson
702-902-2361
www.everestcorp.net
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