Business
Military contract increases for Omni-Lite
Military contract increases for Omni-Lite.
About this update from Omni-lite Industries Canada Inc.
[{"type":"text","content":"\n\n\n\n\nOML-TSX VENTURE EXCHANGE\n\nCERRITOS, CA, Nov. 21 /CNW/ - Omni-Lite Industries Canada Inc. is pleased\nto report that the military contract announced on November 3, 2005 has been\nincreased in value to approximately $385,000 US. This initial large production\ncontract is to be completed by April 2006. The company is in negotiation with\nthe customer about the next stages of this project.\n\"This contract adds significantly to the Company's revenue for the first\ntwo quarters of 2006,\" stated Paul Burkey, President and COO. \"Like many of\nthe new revenue streams established in 2005, this contract is with an existing\ncustomer which is an indication of the high level of support Omni-Lite\nIndustries has been able to offer to a broad range of industrial clientele.\"\n\nOmni-Lite is a rapidly growing high technology company that develops and\nmanufactures precision components utilized by 140 companies including Boeing,\nAirbus, Alcoa, Daimler-Chrysler, the U.S. Military, Nike, adidas and Reebok.\n\nExcept for historical information contained herein this document contains\nforward-looking statements. These statements contain known and unknown risks\nand uncertainties that may cause the company's actual results or outcomes to\nbe materially different from those anticipated and discussed herein.\n\n THE TSX-VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE\n INFORMATION CONTAINED HEREIN.\n\n\n","length":1489,"tagName":"div"}]