RENO, NV, July 19, 2018 (GLOBE NEWSWIRE) -- On the Move Systems (OTCPK: OMVS) is pleased to announce that Robotic Assistance Devices (RAD), its wholly owned subsidiary, has received a paid order for two SCOT™ units and Two Wally units from one of its major dealers to be used for client demonstrations of the RAD Software Suite. The dealer indicated they want to deploy another 2 SCOTs and 2 Wallys to additional offices later in the year.
“Guarding company dealers are excited for how RAD is transforming their business and profitability and we expect continued careful expansion of our dealer network,” said Steve Reinharz, President and CEO of RAD. “Growing through the channel allows RAD rapid expansion at a low cost.”
SCOT™ and Wally allow guarding companies efficiently priced guarding options for their end users to use in conjunction with human guarding assets or in areas where human guards are either too expensive or it’s impractical to assign them. Easy to install and scale, RAD’s hardware solutions leverage the RAD Software Suite which provides innovative artificial intelligence-based technologies to enhance an organization’s situational awareness, communication and control.
SCOT™ and Wally give dealers and end users the ability to put enhanced guarding that is ideal for corporate campuses, parking structures, exterior areas, and lobbies and buildings; anywhere that guarding is needed - at a fraction of the cost.
Features include:
- Human & vehicle detection analytics with SuspectSpotter™
- Standalone power options from RAD Power Systems
- MAC Tracker™ capabilities through BOLO Technologies
- Credential validation and access control
- Options for Monitoring on Demand from various dealer partners
- 24/7 equipment monitoring from RAD through the Remote Monitoring Center
- Long-range audio paging and close-range video intercom
SCOT™ units are deployed at client locations based on a rental program paid monthly and remain the property of the Company. Each SCOT™ can generate $60,000 of total revenue for the Company over a 4 year period.
The company may post important information about its subsidiary RAD on its website at www.Robotic AssistanceDevices.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.
About RAD
Robotic Assistance Devices (RAD) is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, RAD can help organizations streamline operations, increase ROI and strengthen business. RAD robotics technology improves the simplicity and economics of patrolling and guard services, and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. RAD robotic solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education and healthcare. To learn more, visit www.roboticassistancedevices.com or follow us on Twitter @RADbotsecurity.
Everest Corporate Advisors Inc. 702-902-2361 www.everestcorp.net
