OML-TSX VENTURE
CERRITOS, CA,
Aug. 20, 2014 /CNW/ - Omni-Lite
Industries Canada Inc. is pleased to announce approximately
$786,318 US ($857,692 CAD) in new orders. Of these new
orders, approximately 43 percent are in the Sports and Recreation
division, 38 percent are in the Aerospace division, 19 percent are
in the Specialty Automotive division and a little less than 1
percent are in the Military Division.
"The Company is pleased to note that these
contracts include an order from a new U.S. military customer. This
customer is interested in several products that Omni-Lite has
manufactured in the past. An initial engineering review by the
customer conducted on one of these products found them to be of
impressive quality," stated Allen
Maxin, President. "This new customer has recently visited
Omni-Lite's California facilities
to review the first article production of this component and the
new contract mentioned will be to deliver a significant quantity of
these components for further integration and testing."
Omni-Lite is a rapidly growing high technology
company that develops and manufactures precision components
utilized by several Fortune 500 Companies including Boeing, Airbus,
Alcoa, Ford, Caterpillar, Borg
Warner, Chrysler, the U.S. Military, Nike, and adidas.
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.