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Smart Move, Inc. Announces Increase of 55% in July 2008 Bookings

2008-08-08 07:00:00

Smart Move, Inc. Announces Increase of 55% in July 2008 Bookings

    DENVER, Aug. 8 /EMWNews/ -- 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 July 2008. The 472

moves booked by the Company during the month represent an increase of 52%

in comparison with booked moves of 311 in July 2007. This is the second

highest in the Company's history eclipsing the previous second high of June

of 2007 of 354. The June 2008 bookings of 645 are currently the record.



    "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.



    "We continue to grow our sales channels with the national van lines and

third party relocation companies that are using our services," stated Chris

Sapyta, CEO of Smart Move. "The July sales figures include bookings with

five different national van lines utilizing the Smart Move solution, as

compared to last year when we only had one active van line partner booking

moves with Smart Move. In addition we have just added a new third party

corporate relocation partner, Global Mobility Solutions, Scottsdale, AZ,

and we look forward to servicing their account at the highest level for the

remainder of this year and anticipate the chance to grow with them in

2009."



    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 60 cities in the USA and can service over 92

percent of the US population. http://www.gosmartmove.com



    Safe Harbor Statement under the U.S. Private Securities Litigation

Reform Act Of 1995



    Certain statements in this release which are not historical facts are

forward-looking statements such as statements relating to future operating

results, existing and expected competition, financing and refinancing

sources and availability and plans for future development or expansion

activities and capital expenditures. These "forward-looking statements" are

within the meaning of the Private Securities Litigation Reform Act of 1995.

In many but not all cases you can identify forward-looking statements by

words such as "anticipate," "believe," "could," "estimate," "expect,"

"intend," "may," "plan," "potential," "should," "will" and "would" or the

negative of these terms or other similar expressions. These forward-looking

statements include statements regarding the company's expectations,

beliefs, or intentions about the future, and are based on information

available to the company at this time. Smart Move assumes no obligation to

update any of these statements and specifically declines any obligation to

update or correct any forward-looking statements to reflect events or

circumstances after the date of such statements or to reflect the

occurrence of anticipated or unanticipated events. Such forward-looking

statements involve a number of risks and uncertainties that may

significantly affect our liquidity and results in the future and,

accordingly, actual results may differ materially from those expressed in

any forward-looking statements. Such risks and uncertainties include, but

are not limited to, those related to the potential impact of any future

delisting of our stock, effects of competition, leverage and debt service

financing and refinancing efforts, general economic conditions, changes in

laws or regulations and risks related to development activities as

described in the company's periodic reports, including its annual report

filed on Form 10-KSB for the year ended December 31, 2007 and its quarterly

report on Form 10-Q for the three month period ended March 31, 2008.



    Contact information



    Smart Move, Inc. Pete Bloomquist, 303-339-9558, [email protected]





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Blake Masterson

Freelance Writer, Journalist and Father of 5

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