CERRITOS, CA, March 2, 2012 /CNW/ - Omni-Lite Industries Canada Inc. is pleased to announce that it has received a new development contract for a significant program for the U.S. Military. This award stems from the success that Omni-Lite has demonstrated in several previous programs for this large customer.
"This new contract is a very significant development for Omni-Lite and compliments the four orders announced in the press releases of January 27, 2012 and March 1, 2012," stated Allen W. Maxin, President. "This order further demonstrates the successful match of the technology that the Company has developed over the last four to five years to the needs of the U.S. Military. Omni-Lite is committed to continuing the development of these technologies in concert with our customers. Omni-Lite is discussing the ensuing production requirements of these programs with our customers."
Omni-Lite Industries Canada Inc. 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.
THE TSX-VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE INFORMATION CONTAINED HEREIN.
For further information:
Mr. Tom Peterson, Investor Relations Manager
Tel. No. (562) 404-8510 x104 or (800) 577-6664 (Canada and USA)
Fax. No. (562) 926-6913, email: [email protected]