On The Go Receives Substantial Order From Global Automotive and Engine Technologies Firm
Posted on: Friday, 17 August 2007, 09:02 CDT
CONCORD, Ontario, Aug. 17 /PRNewswire-FirstCall/ -- On The Go Technologies Group (OTC Bulletin Board: ONGO.OB; 'OTG' 'the Company'), a leading multi-industry computer hardware, software and systems integrator, announced today that the Company has received a high-end HP Server blade and Storage system order from the thermo products division of a global automotive and engine technologies firm. The unit, valued over $114,000, is currently on order and will be installed by month's end.
The customer will also be running SLES Linux O/S in conjunction with their proprietary state-of-the-art computational fluid dynamics (CFD) technology. For over twenty years, they have been a leader in the development of CFD software for simulating fluid flow and heat and mass transfer improving product development processes, innovation and performance, as well as time-to-market for new products.
This century old, Ohio-based client is a leading supplier of drivetrain, chassis, structural and engine technologies with operations in 28 countries throughout the world and reported revenues of $8.6 billion in 2005. As an acknowledged essential partner to automotive, commercial and off-highway vehicle customers, they design and manufacture products for every major vehicle and engine producer in the world, collectively numbering more than 60 million vehicles annually. Software products and services from the client and their parent company are further used by 94 of the top Fortune 100 companies worldwide.
On The Go CEO Stuart Turk remarked, "This client has been working with our Enterprise division, and Helios previously, for some time, but this has been by far their largest one-time order. With the renewed strength of our relationship and their continued expansion throughout the Americas and Europe, we anticipate a strong sales and service revenue stream in the fiscal year 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 and its divisions: OTG Enterprise, catering to Fortune 1000 and SME clientele and vendors such as HP, Apple, IBM, 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.
On The Go Technologies Group
CONTACT: Al Kau, Investor Relations, +1-888-795-3166, oral@thesearchforvalue.com, for On The Go Technologies Group
Web site: http://www.otgtech.com/http://www.otgtech.com/videohttp://www.otgtech.com/pp.pdfhttp://www.otgtech.com/new_site/inv_pkg_form.htm
Source: PRNewswire-FirstCall
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