Company Provides Additional Details of iChem IoT Software
Houston, TX, July 27, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Movement Industries Corporation (OTC PINK: MVNT) (the “Company”) is proud to provide additional details regarding the success of the iChem software product launch. iChem is a fully integrated SaaS (Software as a Service) product with a hardware platform based on cellular and satellite communications modules and allows for the monitoring and/or control of all chemical injection assets. Mr. Linh Nguyen, CEO of the Company, stated: “We are proud to report to our shareholders that the iChem software product launch is going extremely well and we are pleased to provide additional details on how the software is well on its way to being a successful profit center for our company.”
Additional Details are as follows:
- iChem was built for chemical injection pump systems but is inherently applicable across the full value chain of various oil & gas operations;
- iChem is an effective value proposition for any our client:
- it has been established that automation and remote monitoring increases efficiency of capital resources;
- it reduces exposure to HSE (Health, Safety, Environment) incidents;
- optimizes the production of operation for our clients;
- iChem’s built-in intracompany social platform allows for a common collaborative work environment across our clients’ organizations; and
- The Company is currently engaged in conversations with multiple service providers for potential partnerships to allow them to use this system as a source of their growth.
In addition to the launch of our new software, our team is diligently working to add to our revenues and capital growth.
Our new IR and PR team, 5 Star Consulting, LLC, will start updating our shareholders and stakeholders. The hiring of this communication agency will increase the clarity of our future operations and strategies.
In closing, Mr. Nguyen had this to say, “As always, I would like to thank all our shareholders, investors, employees, customers and partners for their support and we look forward to an exciting and prosperous rest of 2021 and beyond.”
About Movement Industries Corporation
Movement Industries Corporation invests in emerging growth companies in energy, oil & gas, renewables, agricultural and industrial manufacturing sectors. Movement's executive management team brings over 50 years of experience in the global energy market. The Company’s growth strategy includes deepening products and services offered to existing customers as well as acquiring complementary business units and new customers.
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About 5 Star Consulting, LLC
5 Star Consulting Firm's team is comprised of highly seasoned professionals with many years of experience in the micro-cap companies and markets. They work directly with management of companies to help them achieve their corporate goals. https://www.5starconsultingfirm.com
Safe Harbor Statement – In addition to historical information, this press release contains statements that constitute forward-looking statements within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.