• July 3, 2009 8:00 AM
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Omni-Lite Industries announces new orders in the Aerospace, Automotive, and Sports and Recreational divisions and receives initial approval for a key military program


    OML-TSX VENTURE

    CERRITOS, CA, July 3 /CNW/ - Omni-Lite Industries Canada Inc. is pleased
to announce that it has received several new orders in the Aerospace,
Automotive, and Sports and Recreational divisions of the Company. These latest
orders are for approximately $477,000 CDN ($413,000 US). "Adding significance
to these new orders is the initial approval, this week, of a new military
product that the Company has been developing over the last 18 months," stated
Paul A. Burkey, President and COO. "The Company is now preparing to deliver
the first large quantity of these components to the customer for testing. If
the results of a detailed testing program are successful, final approval for
this large program could be obtained in about three months."
    Omni-Lite also wishes to announce that an additional first article test
is scheduled for early July at the Company's headquarters in Cerritos,
California. This is for another new military program that has been under
development for about 24 months. If approval is obtained, the Company can
begin shipping almost immediately from the large backlog that has built up for
this product.
    The Company would also like to announce that it has hired Mr. Andrew S.
Bengis as Controller, reporting to Mr. Timothy C. Wang, CFO. Mr. Bengis has
added significant depth to the Company's financial team.
    The Company would also like to report that, in June, three additional
cold forging systems were received at the Cerritos facility. This equipment
was purchased as part of the Company's Vision 2015 Growth Strategy. This
brings the number of progressive cold forging systems at Omni-Lite to 31. The
last machine purchased under this multimillion-dollar procurement is being
modified in Japan to include a special engineering adaptation to significantly
increase its performance. The Company's revenues for the second quarter of
2009 were approximately $1,332,000CDN ($1,153,000US).

    Omni-Lite is a rapidly growing high technology company that develops and
manufactures precision components utilized by 50 companies including Boeing,
Airbus, Alcoa, Chrysler, the U.S. Military, Nike, adidas and Reebok.

    Except for historical information contained herein this document contains
forward-looking statements. These statements contain known and unknown risks
and uncertainties that may cause the company's actual results or outcomes to
be materially different from those anticipated and discussed herein.THE TSX-VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE
    INFORMATION CONTAINED HEREIN.
For further information: Mr. Tim Wang, CFO, Tel. No. (562) 404-8510 or
(800) 577-6664 (Canada and USA), Fax. No. (562) 926-6913, email:
info@omni-lite.com, Website: www.omni-lite.com