Omni-Lite's revenues grow in Q2
Omni-Lite Industries Canada Inc.
July 8, 2005
CERRITOS, CALIFORNIA. July 8, 2005 - Omni-Lite Industries Canada Inc. is pleased to announce that revenue for the quarter ended June 30, 2005 was approximately $1,039,000 ($1,276,619 CDN), a 22% increase over the second quarter of 2004.
Revenue for the first half of 2005 was approximately $1,962,660 ($2,415,520 CDN), an increase of 28% over the same period last year.
"With a record first quarter and record second quarter revenues, Omni-Lite will be looking forward to a strong third quarter and year end," stated David F. Grant, CEO. "This year the Aerospace division has led the growth, as many of the R&D projects completed last year are beginning to add to the revenue stream. Further growth will be fueled by the new contracts received this year."
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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