Omni-Lite To Explore Strategic Alternatives
Omni-Lite Industries Canada Inc.
August 28, 2007
Omni-Lite Industries Canada Inc.'s board of directors has authorized the company to evaluate a range of strategic alternatives to further enhance corporate growth and shareholder value. These alternatives may include, but are not limited to, continued execution of the company's vision 2010 plan and other diverse strategic or financial opportunities. This evaluation is of particular importance due to the company's rapid growth in the military and aerospace industries. The company has retained Cypress Associates LLC of New York as its exclusive financial adviser to assist it in these efforts.
In undertaking this review, the company wishes to note that there is no assurance that the exploration of strategic alternatives will result in any options that are superior to the continued execution of the vision 2010 growth plan. The company does not plan to release additional information on this process until the results have been reviewed and subsequently approved by the board of directors.
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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