BOCA RATON, Fla., Nov. 19, 2012 (GLOBE NEWSWIRE) -- Options Media Group Holdings, Inc. (OTCBB:OPMG), now known as SafeonTheMove™, a leading provider of mobile applications software, today provided a Company update to shareholders and other interested parties. Chairman of the Board, Keith St. Clair, reported today that the Company is on target in its business plan, following a comprehensive review and corporate restructure.
"I am pleased that, despite the delays we encountered as a result of the recent Superstorm Sandy, our new team is moving forward, additional financing has been secured, and that our unique suite of solutions to the expanding problem of distracted driving, 'TextOnHold™' responsible texting product, and 'PushForPanic™', a personal security application, will soon be introduced to the consumer market."
SafeonTheMove™ will also announce a major acquisition of a company with complementary technology next week, under which management of that company becomes an investor in SafeonTheMove™.
St. Clair pointed to progress made by Harrington Multi Media Marketing, which has scripted the Company's infomercial and has already filmed testimonials. Completion of the commercial will be accomplished shortly, and will be released with a significant television time buy, accompanied by an extensive promotional, advertising and web-centered social media campaign that is driven by the "As seen on TV" campaign. Tim Harrington, CEO of Harrington Multi Media Marketing, said, "We are even more excited about this campaign. We all have seen the public awareness campaigns that were prominent in the Olympics and since then. Tens of millions of dollars were spent to alert people to the dangers of texting while driving, but none of these ads provided a solution. TextOnHold provides the solution."
Cogniance is assisting SafeonTheMove™ in developing its compendium of products for the Android, Blackberry and Apple IOS operating systems, which will be ready for the launch of the radio and television commercials. Michael Shraybman, CEO of Cogniance, added, "Our business revolves around supporting emerging technology entrepreneurs to enter and capture significant shares in their markets. Cogniance is convinced that SafeonTheMove™ is an important addition to public safety."
SafeonTheMove™ sees an immediate target for its sales and marketing campaign in the thirty-four states and the District of Columbia that ban text messaging for all drivers, and the nine states and the District of Columbia which prohibit drivers from using handheld cell phones while driving.
About SafeonTheMove™
SafeonTheMove™ is a leading provider of mobile applications software. The Company's flagship product, personal security and anti-texting while driving software application suite, is a next-generation software suite with the most robust set of features and functions available today. The software product, which is easily downloadable to mobile phones, allows for GPS tracking of the mobile device in order to calculate the rate of speed of travel. Above certain predetermined speeds, the software will lock the keyboard and prevent the user from emailing, surfing the web or texting. While SafeonTheMove's™ software is designed to prevent texting while driving, it also offers parents and employers the ability to monitor the driving habits of mobile phone users in order to prevent speeding.
Forward-Looking Statements
All statements in this press release that are not strictly historical in nature, including future performance, management's expectations, beliefs, intentions, estimates or projections, constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. Some can be identified by the use of words (and their derivations) such as "need," "possibility," "intend," "offer," "development," "if," "negotiate," "when," "begun," "believe," "achieve," "will," "estimate," "expect," "maintain," "plan," and "continue," or the negative of these words. Factors that could cause or contribute to such differences include, but are not limited to, the risk the Company's products are not adopted or viewed favorably by the healthcare community and consumer retail market; business prospects, results of operations or financial condition, including variations in our quarterly operating results; risks related to the current uncertainty and instability in financial and lending markets, including global economic uncertainties; maintaining, developing, building and defending our patent portfolio assets; monetizing and litigating our patent portfolio both in the U.S. and internationally; timing and volume of sales and installations; length of sales cycles and the installation process; market acceptance of new product and service introductions; ability to establish and maintain strategic relationships; relationships with licensees; competitive product offerings and promotions; changes in government laws and regulations and future changes in tax legislation and initiatives in the healthcare industry; undetected errors in our products; possibility of interruption at our data centers; risks related to third party vendors; risks related to obtaining and integrating third-party licensed technology; risks related to a security breach by third parties; litigation matters; risks associated with recruitment and retention of key personnel; uncertainties associated with doing business internationally across borders and territories; and such other risks and uncertainties as detailed from time to time in SafeonTheMove's™ public filings with the U.S. Securities and Exchange Commission. The Company is providing this information as of the date of this release and, except as required by applicable law, does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.