- New bookings of over $500,000
US
- Military order for legacy product
- Company featured in Fox Business Network interview
- OTC Markets interviews Omni-Lite in September
newsletter
- Updated Investor Presentation
TSXV: OML
OTCQX: OLNCF
LOS ANGELES, Sept. 23, 2016 /CNW/ - Omni-Lite Industries
Canada Inc. (the "Company" or "Omni-Lite") is pleased to announce
new sales orders of over $500,000 US.
Of these orders, 33% are in the Specialty Automotive division, 32%
are in the Military division, 27% are in the Sports and
Recreational division, and 8% are in the Aerospace division. "This
brings the total value of the new orders announced in 2016 to over
$6.8 million US, or approximately
$8.9 million CDN, at the exchange
rate of September 22, 2016.
Particularly important, the Company has received a new order for
one of the components developed for the US Military," stated
Allen W. Maxin, President. "This
component received an award as one of the top 10 innovations for
the US Army in 2010."
The Company is pleased to announce that it will be featured on
the Fox Business Network on Saturday
September 24, 2016 at 12:00 noon
EDT. This TV interview can be found on the Omni-Lite website
at www.omni-lite.com. The Company was also featured in the
September OTC Markets bulletin. This interview can be found at
www.otcmarkets.com/news/newsletter and on the Omni-Lite
website.
The Company is also pleased to report an updated Investor
Presentation on its website at www.omni-lite.com.
Omni-Lite Industries Canada Inc. is a rapidly growing high
technology company that develops and manufactures mission critical,
precision components utilized by Fortune 500 companies including
Boeing, Airbus, Bombardier, Embraer, Alcoa, Ford, Borg Warner, Chrysler, John Deere, the U.S.
Military and Nike.
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.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Omni-Lite Industries Canada Inc.