Omni-Lite Industries Appoints Mr. Sébastien Goulet as Board MemberOmni-Lite Industries Canada Inc.
CERRITOS, CALIFORNIA, August 11, 2015 –Omni-Lite Industries Canada Inc. (the "Company" or "Omni-Lite") (TSXV:OML) (OTCBB:OLNCF) is pleased to announce the appointment of Sébastien to the Board of Directors.
"Sébastien Goulet has been involved with Omni-Lite on several projects over the last six months and as a result has an excellent understanding of the needs and requirements of the Company," stated David F. Grant, CEO and Chairman of the Board of Directors. "Sébastien has also had a long history with key companies in the aerospace, defense, and industrial marketplaces, some of which could be future customers and partners of Omni-Lite."
With over 15 years as a senior executive leading global corporate strategies and operations, Mr. Goulet has extensive experience in the Aerospace, Automotive, Energy, Industrial, Medical and Fitness Industries. By combining his P&L expertise and Lean/Six Sigma/Operations/Supply Chain experience, he has contributed to the development of a new business approach that combines Sales and Marketing advantages with operational excellence. His understanding of key business metrics and processes has allowed Mr. Goulet to implement and lead global operations and business strategies.
At GE, Sébastien was Global Sourcing Manager and Quality Director. At ITT, Sébastien was VP and Director of Global Operations and as such lead their nine P&L and global manufacturing centers to a new improved level of performance. Previous work assignments also included Deutsch Connectors (EVP Industrial Strategies), Nautilus (SVP Operations and GM Commercial Division), PerkinElmer Optoelectronics (VP/GM Specialty Lighting and VP Global Operations), and Fläkt Woods (VP Global Operations UK). In the past few years, Sébastien has worked, as a consultant with Airspeed Equity of San Diego, in implementing operational, sales, marketing and financial business improvements for several companies.
Sébastien holds a Masters Degree in Engineering Management, a Masters in Manufacturing Engineering, a Bachelor of Science in Mechanical Engineering and a Bachelor of Science in Aerospace Engineering, all from Syracuse University. He is fluent in English, French and has intermediate Spanish language skills.
Pursuant to its stock option plan and in accordance with the policies and approval of the TSX Venture Exchange, the Board of Directors has approved a grant of 50,000 stock options to Mr. Goulet. These options vest equally over a period of 3 years and are exercisable on or before August 11, 2020 at an exercise price of $1.58 per common share.
The Company is regretfully announcing the resignation of Donald J. Kelly from the Board of Directors. "Don was one of the founding members of Omni-Lite and has been a friend and mentor to many of the Omni-Lite family," stated David F. Grant, Chairman and CEO. "Don will be very difficult to replace. We wish him the very best in his future endeavors."
Omni-Lite Industries Canada Inc. is a rapidly growing high technology company that develops and manufactures precision components utilized by Fortune 500 companies including Boeing, Airbus, Bombardier, Embraer, Alcoa, Ford, 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.
For further information, please contact:
Tim Wang, CFO, Tel. No. (562) 404-8510 x108, or (800) 577-6664 (Canada and USA), Fax. No. (562) 926-6913, email: firstname.lastname@example.org
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.
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