Omni-Lite secures three-year contract
Omni-Lite Industries Canada Inc.
February 11, 2005
Omni-Lite Industries Canada Inc. has received a three-year contract from a major Tier 1 aerospace supplier with customers that include original equipment manufacturers (OEMs) such as Boeing, Airbus and Lockheed. This contract establishes a long-term commitment to purchase components currently being manufactured and supplied by Omni-Lite, and a group of new components to be developed in the near future. Over the next three years, the total revenues from this contract will exceed $2.4-million (U.S.).
"This contract will continue the significant growth of Omni-Lite's aerospace division," said Paul A. Burkey, president and chief operating officer. "This contract is a result of reaching the level of preferred status with this customer, a reward obtained by providing high-quality components, service and on-time delivery over the past several years."
Omni-Lite is a rapidly growing high technology company that develops and manufactures precision components utilized by companies including Boeing, Airbus, Bombardier, Alcoa, Daimler-Chrysler, the U.S. Military, Nike, Adidas and Reebok.
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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INFORMATION CONTAINED HEREIN.
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