(OTCBB: OGHC)
On The Go Announces Largest Order in Company History With $827,000 Shipment to Go to Major Post Secondary Animation Facility
CONCORD, Ontario, June 15 — On The Go Technologies Group (OTC Bulletin Board: OGHC), a leading multi-industry computer hardware, software and systems integrator, announced today that the Company’s Education division has received an order for several IBM Servers and Workstations for the animation training facility of one of Canada’s premier post secondary, polytechnic institutions. The sale, in the amount of $827,000, represents the largest single order received in On The Go’s (’OTG’) history.
Scheduled to ship within the next few weeks, the hardware includes multiple high-end storage servers and more than 100 workstations.
This Greater Toronto Area-based client has, since 1967, earned an international reputation for excellence in applied learning and development of industry-relevant education, including adult learning, corporate training and innovative partnerships with the public and private sectors. Their leading status in the field of digital media studies and media programming, inclusive of Computer Animation, Digital Visual Effects and Digital Character Animation, has proven fruitful for its many graduates who have gone on to excel in the digital entertainment industry.
OTG President and CEO Stuart Turk commented, “This order is significant not only because it’s our largest sale to date, but also because the end user is representative of a combination of two of our strongest corporate divisions, education and digital entertainment. We’re proud to be revamping and building on this client’s world class animation department. The order further establishes that On The Go is well on the way to meeting another record annual revenue mark.”
About On The Go Technologies Group
On The Go Technologies Group is a leading 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 five divisions: Value Added Resellers Compuquest and Infinity Technologies, both catering 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; 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
For investor relations information, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com. 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.
This press release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements contains 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.
We Invite you to Visit the All New StockGuru Blog!
Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks.
Click HERE to visit the Blog, or go to:
http://stockguru.com/blog/
Disclosure: Pentony Enterprises LLC and and its affiliates have been compensated a total of 61,000 restricted 144 shares of stock and $23,500. We still hold 41,000 restricted 144 shares. Neither TalkingStocks.com, LLC, nor its affiliates, are registered investment advisers or broker/dealers. We make no recommendations that the purchase of securities of companies profiled in our web sites are suitable or advisable for any person or that an investment in such securities will be profitable.