Omni-Lite receives new orders in the aerospace, military and speciality automotive divisions

About this update from Omni-lite Industries Canada Inc.

[{"type":"text","content":"\n\n\n\nOML-TSX VENTURE\n\n\nCERRITOS, CA, Nov. 7 /CNW/ - Omni-Lite Industries Canada Inc. is pleased\nto announce that it has received several new orders in the Aerospace, Military\nand Speciality Automotive Divisions. The total value of these orders is\napproximately $425,000US ($501,000 CDN).\n\n\n"The majority of these programs are in the Aerospace division of the\nCompany," stated Tim Wang, CFO. "The continuing strength of the Company's\naerospace products demonstrates the industry's continued interest in the many\ncomponents produced at Omni-Lite for modern composite aircraft."\n\n\nThe Company has received a purchase order for one of the components for\nwhich first article approval was obtained in October. This product is now in\nproduction. The Company anticipates that additional components will move into\nfull-scale commercial production in November and December of this year.\n\n\nOmni-Lite is a rapidly growing high technology company that develops and\nmanufactures precision components utilized by 50 companies including Boeing,\nAirbus, Alcoa, Chrysler, the U.S. Military, Nike, adidas and Reebok.\n\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\nTHE TSX-VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE\nINFORMATION CONTAINED HEREIN.\n\n\n","length":1639,"tagName":"div"}]

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