Options Media Group Holdings, Inc. Completes Reorganization With Name Change to SafeonTheMove
October 10 2012 - 8:00AM
Options Media Group Holdings, Inc. (OTCBB:OPMG), a leading provider
of mobile applications software, announced today that the Company
has completed realignment of its business model, has changed its
corporate name and has introduced "Safe On The Move™," as its
overall product delineation, and combination of its signature
"TextOnHold™
" responsible texting product, and
"PushForPanic™", a personal security application. A bundled version
will allow the Company to sell in both the texting and personal
security markets.
The Company has also reorganized its executive and management
team. Keith St. Clair, Chairman of the Board of Directors, has
taken an executive role as Interim CEO, replacing former CEO Scott
Frohman, who has resigned. Michael Moran, former chief operating
officer, has returned to the Company and will assist St. Clair in
all areas of business development. Moran stated, "I'm delighted to
rejoin the Company. I am confident that under its new leadership
and business direction, SafeonTheMove ™ will become the primary
provider of safety solutions for operators of motor vehicles and
others."
As previously announced in a Form 10-Q filed with the Securities
and Exchange Commission on August 20, 2012, OPMG increased its
authorized shares, which will allow the Company to recapitalize its
business model and to continue driving revenue through a renewed
sales effort utilizing a number of new and existing distribution
channels.
"We view the epidemic of both texting while driving and the area
of personal security as major problems in society today," noted St.
Clair. "Distracted drivers, whether teenagers, long-distance truck
drivers, train operators, taxi fleets, or others, represent a
danger to all of society, and we are committed to reducing the risk
of inattentive vehicle operators as well as offering personal
protection through our innovative application."
SafeonTheMove™ recently entered into a long-term contract with
Harrington Multi Media Marketing to produce an infomercial created
to draw attention to the increasing problem of persons who use
mobile phones while driving and personal security. The Company 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™ 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.
www.safeonTheMove.com
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 ™ 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.
CONTACT: For information: http://www.safeonTheMove.com
info@safeonthemove.com
Keith St. Clair - Chairman
1916 N.W. 79th Ave.
Doral, FL 33126
Email: keith@safeonthemove.com
Phone: (305) 781-8109
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