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StockGuru News: OTG Receives $165,000 Order From Global Financial Services Leader

OTG Receives $165,000 Order From Global Financial Services Leader

On The Go Technologies Group
(OTCBB: ONGO)

CONCORD, Ontario, June 27 /PRNewswire-FirstCall/ — On The Go Technologies Group (OTC Bulletin Board: ONGO; ‘OTG’ ‘the Company’), a leading multi-industry computer hardware, software and systems integrator, announced today that the Company has received an order for several high performance HP Servers, totaling $165,000, from a leading global financial services provider. Half of the order has been shipped, while the remaining equipment is due to ship by week’s end.

With over 150 years market experience, this long term client is a globally-respected financial institution offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of 114,000 people, they comprise a broad spectrum of prominent companies that increasingly serve their clients under their cooperate brand. Based on market capitalisation, they are one of the 20 largest financial institutions worldwide and ranked in the top 10 in Europe.

OTG President and CEO Stuart Turk commented, “This client joins a strong revenue generating list of full services brokerages, insurance and financial institutions serviced by our Enterprise division. We continue to set a new industry standard for brand named sales and innovative service solutions for this lucrative sector of the corporate marketplace. The order further serves as a strong addition to our July 31st year end.”

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 and its divisions: OTG Enterprise, catering to Fortune 1000 and SME clientele and vendors such as HP, Apple, IBM, SGI, Extreme Networks and Adobe; OTG Digital Media & OTG Creative, prominent systems integrators in the U.S. and Canadian digital entertainment industry; OTG Healthcare, compiling digital solutions and networks for the diagnostic medical community; OTG Research, providing solutions to the education, funding and research communities; and in-house multimedia studio Go Motion + Design, have established themselves as a respected and sought after industry competitors. The Company’s intention is to maintain sustained growth in the years to come via continued organic development in its existing divisions and an aggressive acquisition schedule.

For more information, visit http://www.otgtech.com or http://www.otgtech.com/video.

To view a company profile, visit http://www.otgtech.com/pp.pdf.. To be added to On The Go Technologies Group’s e-mail list for company news, visit http://www.otgtech.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 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.

Source: On The Go Technologies Group

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