Omni-Lite to buy back up to 550,000 shares

Omni-Lite Industries Canada Inc.
OML-TSX VENTURE

October 12, 2006

Omni-Lite Industries Canada Inc. has filed with the TSX Venture Exchange its notice of intention to initiate a normal course issuer bid to purchase, on the open market through the facilities of the TSX Venture Exchange, up to 550,000 common shares. This represents approximately 5 per cent of 11,036,053 issued and outstanding shares. The bid is made to invest corporate funds to the best advantage. Purchases pursuant to the bid will be conducted by Sprott Securities Inc. Purchases may begin on Oct. 16, 2006, subject to approval by regulatory authorities. The bid expires on Oct. 15, 2007.

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.

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