$OMVS OMVS Enters into Advanced Discussions with R
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Posted On: 05/02/2017 7:58:38 PM
$OMVS OMVS Enters into Advanced Discussions with Robotic Assistance Devices
HENDERSON, NV / ACCESSWIRE / April 20, 2017 / On the Move Systems (OTC PINK: OMVS) is pleased to announce that it has entered into advanced discussions with Robotic Assistance Devices (RAD) (www.roboticassistancedevices.com) for a potential strategic transaction. RAD is specialized in the delivery of artificial intelligence and robotic solutions for operational, security and monitoring needs. RAD is initially targeting the security industry which uses electronic systems and approximately 1.1 million security guards in the US. The RAD robot security guard solution combines the best of both solutions to provide superior security at a price that provides clients immediate ROI.
RAD's robotic unit is a fully autonomous unmanned ground vehicle that can perform 80% of the tasks of a human security guard at less than half the cost. It incorporates advanced intelligence to augment traditional patrolling services by detecting humans and vehicles and initiating the standard operating procedures much like a human security guard. It operates up to 12 hours without recharging and continuously patrols in any weather environment, including rain, snow, gusty wind, and temperatures ranging from -10° F to 125° F. The security robot incorporates automatic obstacle avoidance sensors, two-way audio, panic button and on-board 360 degree video surveillance to create situational awareness much greater than any other type of solution. It integrates with leading video management solutions and supports other business systems for special equipment, sensor integration and advanced software development. Data is captured and stored in the cloud for long-term data and video retention.
OMVS: Robotic Assistance Devices Receives Contract Commitments of Over $1 Million
HENDERSON, NV / ACCESSWIRE / April 25, 2017 / On the Move Systems (OTC PINK: OMVS) is pleased to announce that Robotic Assistance Devices (RAD) www.roboticassistancedevices.com has received over $1M worth of rental contract commitments from several clients through its distribution network. RAD presently has 8 employees and consultants. RAD expects to be able to generate upwards of $8M in EBITDA by the end of 2018.
OMVS: NVIDIA Showcases RAD's Robot in Its Booth at The Las Vegas ISC West Show
HENDERSON, NV / ACCESSWIRE / May 1, 2017 / On the Move Systems (OTC PINK: OMVS) is pleased to announce that Robotic Assistance Devices' (RAD) www.roboticassistancedevices.com robot was recently showcased in the NVIDIA booth at the ISC West Las Vegas Show. NVIDIA and RAD are cooperating on tailoring and demonstrating NVIDIA's Jetson chip capabilities.
RAD security robot solution offers global security teams situational awareness and responsiveness that delivers unprecedented security performance improvements, deployment flexibility and immediate cost reduction. Using the Jetson platform's high-performance, power-efficient supercomputing for deep learning and computer vision, RAD autonomous robotic systems can be more predictive, accurate, productive and easily reconfigured for a variety of tasks.
"By using the NVIDIA Jetson embedded platform, we can develop smarter autonomous robots that can learn from the environment around them to navigate safely, as well as identify and classify objects of interest, including cars and people," said Steve Reinharz, Founder and CEO, RAD. "This innovation marks the next generation of robotics."
"Today's advanced robots can learn, adapt and evolve through the power of AI," said Murali Gopalakrisha, head of product management for Intelligent Machines at NVIDIA. "Working with innovators like RAD, we're driving new capabilities and benefits for autonomous machines."
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. RAD recently announced Canadian operations at the CANASA East show on April 26, 2017.
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.
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HENDERSON, NV / ACCESSWIRE / April 20, 2017 / On the Move Systems (OTC PINK: OMVS) is pleased to announce that it has entered into advanced discussions with Robotic Assistance Devices (RAD) (www.roboticassistancedevices.com) for a potential strategic transaction. RAD is specialized in the delivery of artificial intelligence and robotic solutions for operational, security and monitoring needs. RAD is initially targeting the security industry which uses electronic systems and approximately 1.1 million security guards in the US. The RAD robot security guard solution combines the best of both solutions to provide superior security at a price that provides clients immediate ROI.
RAD's robotic unit is a fully autonomous unmanned ground vehicle that can perform 80% of the tasks of a human security guard at less than half the cost. It incorporates advanced intelligence to augment traditional patrolling services by detecting humans and vehicles and initiating the standard operating procedures much like a human security guard. It operates up to 12 hours without recharging and continuously patrols in any weather environment, including rain, snow, gusty wind, and temperatures ranging from -10° F to 125° F. The security robot incorporates automatic obstacle avoidance sensors, two-way audio, panic button and on-board 360 degree video surveillance to create situational awareness much greater than any other type of solution. It integrates with leading video management solutions and supports other business systems for special equipment, sensor integration and advanced software development. Data is captured and stored in the cloud for long-term data and video retention.
OMVS: Robotic Assistance Devices Receives Contract Commitments of Over $1 Million
HENDERSON, NV / ACCESSWIRE / April 25, 2017 / On the Move Systems (OTC PINK: OMVS) is pleased to announce that Robotic Assistance Devices (RAD) www.roboticassistancedevices.com has received over $1M worth of rental contract commitments from several clients through its distribution network. RAD presently has 8 employees and consultants. RAD expects to be able to generate upwards of $8M in EBITDA by the end of 2018.
OMVS: NVIDIA Showcases RAD's Robot in Its Booth at The Las Vegas ISC West Show
HENDERSON, NV / ACCESSWIRE / May 1, 2017 / On the Move Systems (OTC PINK: OMVS) is pleased to announce that Robotic Assistance Devices' (RAD) www.roboticassistancedevices.com robot was recently showcased in the NVIDIA booth at the ISC West Las Vegas Show. NVIDIA and RAD are cooperating on tailoring and demonstrating NVIDIA's Jetson chip capabilities.
RAD security robot solution offers global security teams situational awareness and responsiveness that delivers unprecedented security performance improvements, deployment flexibility and immediate cost reduction. Using the Jetson platform's high-performance, power-efficient supercomputing for deep learning and computer vision, RAD autonomous robotic systems can be more predictive, accurate, productive and easily reconfigured for a variety of tasks.
"By using the NVIDIA Jetson embedded platform, we can develop smarter autonomous robots that can learn from the environment around them to navigate safely, as well as identify and classify objects of interest, including cars and people," said Steve Reinharz, Founder and CEO, RAD. "This innovation marks the next generation of robotics."
"Today's advanced robots can learn, adapt and evolve through the power of AI," said Murali Gopalakrisha, head of product management for Intelligent Machines at NVIDIA. "Working with innovators like RAD, we're driving new capabilities and benefits for autonomous machines."
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. RAD recently announced Canadian operations at the CANASA East show on April 26, 2017.
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.
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