VANCOUVER, Sept. 4 /CNW/ - OneMove Technologies Inc. ("OneMove" or the "Company") (TSX-V: OM) announced today that it has retained The Equicom Group Inc. ("Equicom") to provide the Company with strategic investor relations and financial communications services.
Equicom provides strategic communications services to approximately 100 public companies across a diverse range of industries. Under the terms of the agreement, OneMove will pay Equicom a monthly retainer fee of $7,000 plus GST for professional services, and will reimburse Equicom for any reasonable out-of-pocket expenses Equicom may incur while performing services on behalf of OneMove. The initial contract term is 12 months, and commences immediately. OneMove will draw from its unallocated working capital to pay for the retained services, and expects to incur total costs of approximately $175,000 for investor relations activities over the next 12-month period.
Neither Equicom nor any of its principals has an ownership interest, directly or indirectly, in OneMove or its securities, and the Company has not granted Equicom or its principals any right to acquire such an interest. Equicom is a wholly-owned subsidiary of TSX Group Inc.
About OneMove Technologies Inc.
OneMove Technologies Inc. (TSX-V: OM) is a real estate transaction platform, currently serving the British Columbia, England and Wales real estate markets. By combining personal service, unique products and leading edge technology, OneMove simplifies and expedites the process of buying and selling real estate. The Company's product and service offerings include: econveyance(TM) in British Columbia, and a Move Management System, Personal Moving Consultants, Home Buyer Expense Insurance, and the largest free online real estate listing database in England and Wales. Additional information about OneMove can be found at www.onemovetech.com or www.sedar.com.
About The Equicom Group Inc.
Equicom, a wholly-owned subsidiary of TSX Group Inc., is Canada's leading provider of investor relations and strategic corporate communications services. With proven expertise in developing and executing highly effective strategic communications programs, and an extensive network of investment community contacts, Equicom specializes in helping clients achieve their capital markets objectives. Equicom offers a comprehensive suite of services including: investor relations, media relations, annual report production, multimedia and web design, web casting, live event management and corporate branding. Equicom is headquartered in Toronto, with offices in Montreal and Calgary. For further information, please visit www.equicomgroup.com.
Forward Looking Statements
This press release contains certain "forward looking statements". These statements relate to future events or future performance and reflect expectations and belief regarding growth, results of operations, performance, business prospects, opportunities or industry performance and trends. These forward looking statements reflect current internal projections, expectations or beliefs and are based on information currently available. A number of factors could cause actual events or results to differ materially from the results discussed in the forward looking statements. Although it is believed that the forward looking statements contained in this press release are based upon reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward looking statements. These forward looking statements are made as of the date of this press release, and OneMove Technologies Inc. assumes no obligation to update or revise them to reflect new events or circumstances, except as required pursuant to applicable securities laws.
The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release
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