OML-TSX VENTURE EXCHANGE
CERRITOS, CA, Dec. 21 /CNW/ - Omni-Lite Industries Canada Inc. is pleased
to announce that it has received an extension to the military contract
announced on November 3 and November 21, 2005. The contract amount has been
increased to approximately US$1,000,000. Under certain conditions, the total
revenues of the contract could be approximately US$1,350,000. These products
are to be delivered within the next seven months.
To support the further development and escalation of this program, the
Company has ordered four new production machines for delivery within nine
months.
"Omni-Lite has seen significant growth in the Military Division in 2005.
It is expected that this growth will continue in 2006 and 2007," stated Paul
Burkey, President and COO.
Omni-Lite is a rapidly growing high technology company that develops and
manufactures precision components utilized by 140 companies including Boeing,
Airbus, Alcoa, Daimler-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.
