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

DENVER, Aug. 8  /PRNewswire-FirstCall/ -- 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,  

DATASOURCE: Smart Move, Inc.



CONTACT:  Pete Bloomquist of Smart Move, Inc., [phone],





Web site:  http://www.gosmartmove.com/ 

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