re-shuffle of officers...more shares authorized...
Options Media Group Holdings, Inc. Completes Reorganization With Name Change to
SafeonTheMove
Launch of "SAFE ON THE MOVE" Second Week of November
BOCA RATON, Fla., Oct 10, 2012 (GlobeNewswire via COMTEX) -- Options Media Group
Holdings, Inc. (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(TM)," as its
overall product delineation, and combination of its signature "TextOnHold(TM)"
responsible texting product, and "PushForPanic(TM)", 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 (TM) 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(TM) 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(TM)
SafeonTheMove(TM) 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(TM) 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.
safeonthemove.com |
