Omni-Lite Industries Selected as U.S. Source for Key Battery Program
Omni-Lite Industries Canada Inc.
September 22, 2010
CERRITOS, CA, Sept. 22 - Omni-Lite Industries Canada Inc. is pleased to announce that a major U.S. corporation has selected Omni-Lite as the source of two components to be utilized in their futuristic battery program. These batteries, which are based on a patented, nanocrystalline technology, are expected to be a major factor in Hybrid and Electric car development. The Company expects to have the first purchase orders in hand in the next several weeks.
"The selection of Omni-Lite for this U.S. Government supported initiative is an important step in the maturation of the new programs that the Company has been focused on in the last couple of years," stated David F. Grant, Chairman and CEO. "The Company expects this program to ramp up over the next several years."
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, John Deere, 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.
THE TSX-VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE INFORMATION CONTAINED HEREIN.
For further information: Mr. Tim Wang, CFO, Tel. No. (562) 404-8510, or (800) 577-6664 (Canada and USA), Fax. No. (562) 926-6913, email: firstname.lastname@example.org
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