OMNI-LITE INDUSTRIES CANADA INC. OML-TSX VENTURE CERRITOS, CA, May 15 /CNW/ - Omni-Lite Industries Canada Inc. is pleased to announce a new order in the Automotive division valued at $85K. These components are for the speciality automotive market and will be utilised in large diesel engines in the Earthmoving and Transportation industries. Upon review of the financial results of 2005, the Board of Directors is pleased to announce a dividend of two cents (Canadian) per share for shareholders of Omni-Lite's common shares of record June 15, 2006. The dividend will be payable on June 30, 2006. "Due to the financial performance of the Company in 2005, we are pleased to announce this fourth dividend," stated David F. Grant, Chairman and CEO. "This cash dividend is intended to complement the gains made in the Company's stock price over the last 12 months. In combination, these benefits represent significant additions to shareholder value which is our focus here at Omni- Lite." The Board of Directors will review the Company's dividend policy on a semi-annual basis. Omni-Lite is a rapidly growing high technology company that develops and manufactures precision components utilized by 100 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.