Omni-Lite Receives First Article Approval for the Green Round from its U.S. Military Customer
Omni-Lite Industries Canada Inc.
July 27, 2011
CERRITOS, CA, July 27, 2011 - Omni-Lite Industries Canada Inc. is pleased to announce that it has received first article approval (FAAT) from its tier one U.S. military customer for the lead-free Green Round projectile.
"This component has been under development for over four years and its completion represents a milestone in this military program", stated David F. Grant, Chairman and CEO. "As far as the Company knows, it is the only firm to have qualified for the final version of this product. The Company expects to negotiate an initial production contract in the near future."
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, 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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