Smart Move, Inc. Announces Increase of 82% in June Bookings
01 Juli 2008 - 4:00PM
PR Newswire (US)
DENVER, July 1 /PRNewswire-FirstCall/ -- Smart Move, Inc.
(AMEX:MVE), a Denver-based logistics company, announced that the
Company has obtained record bookings for customer moves during the
month of June 2008. The 645 moves booked by the Company during the
month represents an increase of 82% in comparison with booked moves
of 354 in June 2007, the company's previous record month for booked
moves. The June 2008 bookings represent more than a 100% increase
in potential future revenue as compared to June 2007 bookings.
"Booked moves" are moves requested by customers for which a time
has been reserved with Smart Move and a number of vaults confirmed,
but for which the delivery of empty vaults to the move origination
address has not yet occurred. Booked moves remain subject to
cancellation, delay or postponement by the customer until vaults
are delivered. Historically the majority of booked moves have been
completed at a future date. The company cannot guarantee when and
what percentage of these booked moves will result in reported
revenues. "I believe that this new record of booked moves shows
that the Smart Move business model is increasingly being accepted
by consumers, corporate relocation companies as well as van lines,
all of which have provided business opportunities that are
contributing to our growth," stated Chris Sapyta, CEO of Smart
Move. "We continue to see inquiries from new van line sources and
corporate relocation groups that like our service model, and want
to explore the use of the Smart Move solution for their household
moving options." About Smart Move: Smart Move is an innovative
logistics company providing services through deployment of a fleet
of Company-owned, SmartVault(TM) shipping containers to execute the
movement of goods. Smart Move utilizes its proprietary and licensed
technologies to efficiently manage its fleet of assets, providing
superior security, scheduling flexibility and expedited service on
behalf of its customers and alliance partners. Smart Move sells its
services direct to moving consumers, and provides moving capacity
and guaranteed logistic services to van lines and agents nation
wide. Smart Move has operations in the top 61 cities in the USA and
can service over 92 percent of the US population.
http://www.gosmartmove.com/ DISCLOSURE NOTICE: The statements in
this news release that are not historical statements, including
statements regarding expected benefits of the product, adoption by
customers, continued innovation and other statements identified by
forward looking terms such as "may," "will," "expect," "plan,"
"anticipate" or "project," are forward-looking statements. These
statements are subject to numerous risks and uncertainties which
could cause actual results to differ materially from such
statements, including, among others, risks relating to developments
in the moving industry, competition and risks of failure to obtain
consumer acceptance of innovations. Smart Move has included a
discussion of these and other pertinent risk factors in its Annual
Report on Form 10K-SB most recently filed with the SEC and
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. Contact information Smart Move, Inc.
Pete Bloomquist, 303-339-9558, DATASOURCE: Smart Move, Inc.
CONTACT: Pete Bloomquist of Smart Move, Inc., +1-303-339-9558, Web
site: http://www.gosmartmove.com/
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