Movement Industries Corporation Delivers Custom Mobile Workshop to USR Drilling Group

Initial Order Establishes Future for Additional Growth

HOUSTON, TX, Aug. 08, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Movement Industries Corporation (OTC PINK: MVNT) (the “Company”) has completed and delivered its first 40-foot custom mobile workshop. This robust tailor-made solution provides a safe and comfortable temperature-controlled environment. This dynamic design will be equipped with specialized equipment designed for the drilling of Ultra-Short Radius (USR) wells and includes Titanium Drill Pipe (TDP), USR Mud Motors, specialized drill bits, fishing tools and electronic survey tools. This self-sustaining unit will be deployed to support drilling operations in Romania. Mr. Linh Nguyen, CEO, states, “I am incredibly proud of our engineering and manufacturing teams for designing and completing this unit.” Mr. David LaPrade, CEO of USR Drilling Group, adds, “We are excited about this deployment into Romania and future opportunities that we can contract to Movement Industries. We believe this initial order will lead to future contracts for deployments into Uzbekistan, Azerbaijan, Kuwait, Indonesia and India.”

Mr. Nguyen adds, “We will continue to provide design, engineering and manufacturing services as we deepen our relationship with USR. The next step will be to incorporate our remote monitoring technologies and expand this concept across multiple markets for future deployments. This will yield additional revenue streams to our Company.”

Mr. Nguyen concludes, “This project demonstrates that Movement is rapidly growing and proving itself as a company that can meet and exceed expectations with global projects. We want to thank our loyal stakeholders for their ongoing support. We want our stakeholders to know they can continue to expect updates on additional contracts as we grow this opportunity.”

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.