Mr. Allen Maxin reports

OMNI-LITE REPORTS NEW ORDERS, STRONG REVENUES FOR FIRST EIGHT MONTHS AND ENTERS INTO STRATEGIC REVIEW AGREEMENT

Omni-Lite Industries Canada Inc. has received new contracts that exceed $790,900 (U.S.). Of these orders, approximately 52 per cent are in the aerospace division, 40 per cent are in the specialty automotive division, and 8 per cent are in the sports and recreational division. "As forecast, the company continues to see growth in the aerospace industry," stated Allen Maxin, president. "The company is continuing to develop new customers and new products in this exciting and dynamic space."

The company's revenues in the first eight months of fiscal 2015 were approximately $4,896,100 (U.S.). This represents an increase of 21 per cent over revenues in the first eight months of 2014. Over the same period, the company's production output increased by approximately 34 per cent. Of particular significance, military sales grew to 28 per cent of total sales in the eight-month period.

The company has retained Cypress Associates LLC to advise the company on its review of potential strategic and financial opportunities. Cypress is a nationally recognized boutique investment banking firm, providing mergers and acquisition expertise, restructuring advisory services, and private placements of debt and equity securities. Cypress has offices strategically situated in New York, San Francisco and Austin. Chuck Samkoff is a managing director of Cypress and also a director of Omni-Lite, and as such will recluse himself from board decisions regarding this review.

Joseph Lee has joined the company as a consultant. Mr. Lee was recently the director of engineering of a large aerospace company and brings over 53 years of experience to Omni-Lite. "Joe has been instrumental in helping Omni-Lite develop its engineering expertise in the aerospace industry for over 15 years," stated Michael Walker, vice-president of research and development. "We, at Omni-Lite, look forward to continuing this long and successful relationship."

We seek Safe Harbor.