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MVE Smart Move,

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Share Name Share Symbol Market Type
Smart Move, AMEX:MVE AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Smart Move, Inc. Receives Audit Opinion That Contains Going Concern Qualification

02/04/2008 9:30pm

PR Newswire (US)


Smart Move, (AMEX:MVE)
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DENVER, April 2, 2008 /PRNewswire-FirstCall/ -- Smart Move, Inc. (AMEX:MVE) ("Smart Move" or the "Company"), in compliance with American Stock Exchange Company Guide Section 610(b), today announced that Smart Move's independent registered public accounting firm included a going concern explanatory paragraph relating to the Company's ability to continue as a going concern in its report on Smart Move's financial statements as of and for the year ended December 31, 2007. The qualification was included as a result of Smart Move's net loss from operations in fiscal 2007 and the Company's need for additional financing to meet working capital and debt service requirements during fiscal 2008. Further information regarding the going concern qualification and management's plans in regard to these matters is contained in Smart Move's Annual Report on Form 10-KSB for the year ended December 31, 2007, which was filed with the Securities and Exchange Commission on March 28, 2008, which is available free of charge on the Securities and Exchange Commission's web site at http://www.sec.gov/. 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. http://www.gosmartmove.com/ Contact: Pete Bloomquist Smart Move, Inc. 303-339-9558 DATASOURCE: Smart Move, Inc. CONTACT: Pete Bloomquist of Smart Move, Inc., +1-303-339-9558 Web site: http://www.gosmartmove.com/

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