Concord, ON, Canada, August 10, 2006 — On The Go Technologies Group (OTC Bulletin Board: ONGO), a leading multi-industry computer hardware, software and systems integrator, announced today that the company has received a $300,000 hardware order from Canada’s largest securities, mutual fund and wealth management firm, bringing the company’s total orders with On The Go this calendar year to almost $1,250,000.
The latest HP Blade System order, to be shipped in the next few weeks, is part of a continued upgrade of infrastructure involving OTG shipments since January 2006. The order represents more than 25% of HP Blade System’s total commitment to date.
Headquartered in Toronto, Canada, the client manages approximately $51 billion in assets and has 1,887 independent financial advisers and 517 insurance agents located in approximately 651 independent offices across the country.
OTG President and CEO Stuart Turk said, “A million-dollar sales mark with any client is one to be proud of, especially so with a client of such industry recognition and standing. With this latest order, this customer has joined a growing group of select clients with sales and services requested amounting to $1 million and more. The order is a strong kick-off to our new 2007 fiscal year. We look forward to continuing serving them in quarters to come.”
About On The Go Technologies Group
On The Go Technologies Group is a North American corporation focused on acquiring versatile and profitable companies in the IT sector. OTG has established itself as a respected industry competitor through its six divisions: value-added resellers Compuquest and Infinity Technologies, which cater to Fortune 1000 clientele and vendors such as HP, Apple, IBM, SGI, Extreme Networks and Adobe; Helios|Oceana, a prominent systems integrator in the U.S. and Canadian entertainment and education industries; Island Corporation, compiling sophisticated digital solutions and networks for the medical community; digital entertainment authority Solutions in Computing; and Go Motion + Design, the company’s complete in-house multimedia studio. The company’s intention is to maintain sustained growth in the years to come via continued development in its existing divisions and an aggressive acquisition schedule. For more information, visit http://www.oghc.com or http://www.onthegohealthcare.com/video..
To view a company profile, visit http://www.hawkassociates.com/onthego/profile.php.. To be added to On The Go Technologies Group’s e-mail list for company news, visit http://www.onthegohealthcare.com/new_site/inv_pkg_form.htm and http://www.hawkmicrocaps.com/emarketer.asp.. For investor relations information, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com or visit http://ww.hawkassociates.com and http://www.americanmicrocaps.com..
This press release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements contain words such as “expects,” “believes,” “anticipates” and “intends.” Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, economic conditions affecting the B2B environment; continued ability to obtain hardware, software and peripherals at competitive costs; the company’s ability to finance its planned expansion efforts; the company’s ability to manage its planned growth; and changes in regulations affecting the company’s business and such other risks disclosed from time to time in the company’s reports filed with the Securities and Exchange Commission. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management’s expectations, except as required by law.
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