Smart Move, Inc. Announces Increase of 82% in June Bookings

DENVER, July 1  /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 June 2008. The 645 moves booked by the Company during the month represents an increase of 82% in comparison with booked moves of 354 in June 2007, the company's previous record month for booked moves.  The June 2008 bookings represent more than a 100% increase in potential future revenue as compared to June 2007 bookings.

"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.

"I believe that this new record of booked moves shows that the Smart Move business model is increasingly being accepted by consumers, corporate relocation companies as well as van lines, all of which have provided business opportunities that are contributing to our growth," stated Chris Sapyta, CEO of Smart Move. "We continue to see inquiries from new van line sources and corporate relocation groups that like our service model, and want to explore the use of the Smart Move solution for their household moving options."

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 61 cities in the USA and can service over 92 percent of the US population. http://www.gosmartmove.com/

DISCLOSURE NOTICE: The statements in this news release that are not historical statements, including statements regarding expected benefits of the product, adoption by customers, continued innovation and other statements identified by forward looking terms such as "may," "will," "expect," "plan," "anticipate" or "project," are forward-looking statements. These statements are subject to numerous risks and uncertainties which could cause actual results to differ materially from such statements, including, among others, risks relating to developments in the moving industry, competition and risks of failure to obtain consumer acceptance of innovations. Smart Move has included a discussion of these and other pertinent risk factors in its Annual Report on Form 10K-SB most recently filed with the SEC and disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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/ 

Copyright