OMVS: Robotic Assistance Devices Hires Security Veteran Mark McCourt

Date : 09/19/2017 @ 9:09AM
Source : InvestorsHub NewsWire
Stock : On The Move Systems Corp. (PN) (OMVS)
Quote : 0.064  -0.0009 (-1.39%) @ 4:00PM
On The Move Systems Corp. share price Chart

OMVS: Robotic Assistance Devices Hires Security Veteran Mark McCourt

 

On the Move Systems

September 19, 2017 09:00 ET

 

RENO, NV--(NewMediaWire - Sep 19, 2017) - On the Move Systems (OTC PINK: OMVS) is pleased to announce that it has brought on Mark McCourt who was previously Vice President Enterprise Security Services at Allied Universal, the largest security company in North America. McCourt, a seasoned industry veteran, will have the title of Strategic Advisor at RAD and will focus on spearheading relationships and driving strong partnerships across the guarding services and technology ecosystem while also expanding RAD's footprint within a company's operational infrastructure. McCourt brings extensive experience building strategic corporate alliances that help companies maximize their return on investment. In previous roles with Allied Universal, McCourt spearheaded processes that increased profitability and revenue growth in highly competitive market segments. 

"RAD is clearly the technology leader in artificial intelligence, and there is a significant opportunity to build sustainable, high-growth initiatives in key markets, even beyond security," said McCourt. "I'm excited to work with a company like RAD that is challenging the industry to expand beyond traditional tactics and embrace emerging technologies to propel new levels of efficiencies." 

"Mark's experience with technology companies and his strong industry relationships are significant assets to RAD," said Steve Reinharz, President and CEO of RAD. "We are very pleased to add him to our growing team of seasoned experts as we continue to attract important key talent to join the company." 

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
www.everestcorp.net
702-902-2361

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