Industry analysts reported this week that Android has surpassed Apple iOS as the market leader in mobile applications downloads, boasting a 44-percent market share. On the Move Systems Corp. (OTCBB:OMVS) is working to capitalize on Android’s booming popularity by developing fun, engaging and innovative new apps compatible across all of the top mobile platforms.
“The dramatic rise and spread of Android technology is rapidly increasing revenue opportunities for app developers such as On the Move Systems,” said OMVS CEO Patrick Brown. “This popular, open-source platform is driving the growth of multi-platform and mobile operator app stores, substantially enlarging and diversifying the marketplace for our products. It’s an exciting time to be developing mobile applications.”
ABI Research, which released the Android figures earlier this week, predict that global app downloads will swell to 29 billion by the end of the year, compared to only 9 billion in 2010. The unprecedented increase is largely due to the increasing proliferation of new smartphones and tablet computers around the world, many of which run on Android.
“Mobile app downloads are exploding worldwide, and the industry is still only in its infancy,” Brown said. “The long-term outlook for mobile applications is outstanding, and work is underway on the revolutionary new apps that OMVS is developing to capture an early slice of this emerging market.”
Earlier this month, OMVS signed a development agreement with mobile content provider Spud McCool Media, Inc., to create innovative software products for sale and use with smartphones and tablets. For more information on OMVS’ mobile app initiative, please visit www.onthemovesystems.com/investor-relations.
OMVS is dedicated to producing next-generation mobile technology to compete in an industry that includes Activision Blizzard, Inc. (NASDAQ: ATVI), Sky-mobi Ltd. (NASDAQ: MOBI), Glu Mobile Inc. (NASDAQ: GLUU) and KongZhong Corp. (NASDAQ: KONG).
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.
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