OMVS: Mobile App Market to Double by 2014, Analysts Say

The global mobile applications market is on pace to hit $3.8 billion this year—and it’s only getting warmed up, says On the Move Systems (OTCBB:OMVS) CEO Patrick Brown.

Brown cited a recent report from research firm IHS Screen Digest, which forecasts a 77.7-percent jump to nearly $4 billion this year from 2010’s worldwide mobile app revenues. In three years' time, however, that figure could double to $8.3 billion, according to the report.

“There’s no question that the demand for quality mobile applications is growing at a furious pace,” Brown said. “The analysts from IHS and other firms are only confirming what we already know: Smartphone and tablet computer innovations have changed our computing and software habits forever, and the future belongs to the apps.”

The unprecedented expansion of the mobile application market can be attributed to wireless network advancements, falling mobile data usage costs and a continuous refinement of application usability. To capitalize on the mobile app revolution already underway, On the Move Systems is working with software firm Spud McCool Media Inc. (Spud Media) to develop fun, cutting-edge applications designed to make full use of tablet and smartphone features.

“Our goal is to create enjoyable, useful apps that instantly become part of users’ day-to-day routines,” Brown said. “We plan to build applications that support multiple OS platforms in order to take advantage of explosive growth across all segments of the market.”

Last week, OMVS announced that it has commenced development on an innovative new online dating app as well as a social couponing app for use with tablet computers and smartphones.

OMVS is perfecting innovative new mobile application technology to compete in an industry that includes Vringo, Inc. (AMEX: VRNG), Glu Mobile Inc. (NASDAQ: GLUU), Rovi Corporation (NASDAQ: ROVI) and Vocus, Inc. (NASDAQ: VOCS).

For more information on OMVS’ mobile applications initiative and other projects, please visit

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

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.


On the Move Systems, Inc.
Patrick Brown, 813-367-9511
President and CEO
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