CERRITOS, CA, Aug. 20, 2014 /CNW/ - Omni-Lite Industries Canada Inc. is
pleased to announce approximately $786,318 US ($857,692 CAD) in new
orders. Of these new orders, approximately 43 percent are in the
Sports and Recreation division, 38 percent are in the Aerospace
division, 19 percent are in the Specialty Automotive division and a
little less than 1 percent are in the Military Division.
"The Company is pleased to note that these contracts include an order
from a new U.S. military customer. This customer is interested in
several products that Omni-Lite has manufactured in the past. An
initial engineering review by the customer conducted on one of these
products found them to be of impressive quality," stated Allen Maxin,
President. "This new customer has recently visited Omni-Lite's
California facilities to review the first article production of this
component and the new contract mentioned will be to deliver a
significant quantity of these components for further integration and
Omni-Lite is a rapidly growing high technology company that develops and
manufactures precision components utilized by several Fortune 500
Companies including Boeing, Airbus, Alcoa, Ford, Caterpillar, Borg
Warner, Chrysler, the U.S. Military, Nike, and adidas.
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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE: Omni-Lite Industries Canada Inc.
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: email@example.com