Omni-Lite Industries salutes military order
Omni-Lite Industries Canada Inc.
May 5, 2006
Omni-Lite Industries Canada Inc. has received several new orders for aerospace components. These orders are for specialty products that are used in the installation of composite sections in advanced aircraft. This is the largest order that Omni-Lite has received to date for these products. Composite sections are becoming primary components in many military and civilian aircraft, with many aircraft such as the Boeing 787 being manufactured principally of composite materials. The company has also received a follow-on order in the military division. The combined value of these orders is approximately $200,000 (U.S.). Most of these products are to be delivered in the second quarter of 2006.
As associated company, Omni-Lite E-Form Technologies Inc., has entered into a letter of intent to be acquired by Veritek Technologies Inc., listed on the TSX Venture Exchange. In exchange for 100 per cent of the issued and outstanding shares of E-Form, Veritek intends to issue 12 million common Veritek shares, at a deemed price of 25 cents per share. This transaction is intended as the qualifying transaction of Veritek and, as such, is subject to the approval of the majority of the minority of the Veritek shareholders and the exchange. Contemporaneous with the purchase of the E-Form shares, it is anticipated that the combined entity will change its name to California Nanotechnologies Corp. The operating arm will be based in California.
To enable the evaluation of the crystalline nanostructured materials being developed in California, E-Form has purchased a state-of-the-art thermal field emission scanning electron microscope. The extensive capabilities of this microscope will be enhanced through various sophisticated analytical and sample preparation tools. This system will be installed in E-Form's laboratory in Cerritos, Calif. Analytical capabilities will include chemical analysis through energy dispersive spectroscopy (EDS) techniques as well as grain size, grain boundary and grain orientation quantification through electron backscatter diffraction (EBSD) analysis. Sample preparation will be enabled with an ion-argon slicing system. The resolution of the microscope is approximately 0.3 nanometre. The list price of the complete system is over $666,000 (U.S.).
"This system gives E-Form unparalleled capabilities in evaluating the nanostructured materials developed from the various technologies being pioneered at E-Form," stated Dr. Patrick Berbon, vice-president of research and development. "This microscope is one of only 20 of this type in the entire U.S. The ion-argon slicer is one of only 10 in the U.S. Together these in-house tools, which are more capable than those available at most government and university research facilities, will allow rapid evaluation, enhanced experimental design, and the early product characterization of the many materials being developed by California Nanotechnologies."
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.
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