Current News Archived

For Immediate Release

August 22, 2002


OMT INC. HIRES WORDSNORTH IR
TO COMMUNICATE ITS INVESTMENT STORY


WINNIPEG Scott Farr, President and Chief Executive Officer of OMT Inc. and its subsidiary company, OMT Technologies Inc., an innovative leader in providing technology and solution to the North American media and broadcast industries, announced today that the Company has hired Wordsnorth IR as its investor relations firm.

The agreement, which commenced on August 20, 2002, will run until December 31, 2002, the end of OMT’s current fiscal year, and calls for Wordsnorth to receive monthly remuneration of $1,500 for its services. These services include:

  • Providing investor relations activities for OMT Inc. and its subsidiary, OMT Technologies Inc. that are in compliance with the applicable securities laws and Securities and Exchange requirements governing the provision of investor relations services;
  • To communicate with the financial community – financial analysts, brokers and portfolio/fund managers – the financial, business and trade media, advisors and shareholders (both current and prospective), to increase awareness of and interest in OMT Inc.;
  • To only provide the financial community, the media, shareholders and the general public with previously disclosed factual information concerning OMT Inc. and OMT Technologies Inc., or with copies of material that has been filed with the appropriate regulatory authorities, prepared by registered analysts, brokers or investment dealers published in newspapers, reports, magazines or journals;

“Earlier this year, we stated that one of our goals for 2002 was to ‘tell the world’ about OMT, our world-class technology and innovative solutions for broadcast and new media, and establish a new ‘value-based’ marketing and shareholder message, “ said Mr. Farr. “We are confident that Wordsnorth IR has the experience and the expertise to help us reach those goals and effectively communicate our story in Canada and other parts of the world.”

“It is clear that OMT is rapidly becoming recognized as a ‘major player’ in providing digital media delivery and content management software to the media and broadcast industries,” said Don Bain, Wordsnorth IR Managing Director. “The Company already has formed several strategic alliances and licensing agreements with major multimedia companies in North America, and this will open up many new opportunities in its drive to become an international force in the industry.

“It is our responsibility to develop and implement, in conjunction with Mr. Farr, OMT’s senior management team and its Board of Directors, a comprehensive and effective Investor Relations and Public Relations strategy that not only will raise OMT’s profile with the investment community, but fully inform potential investors of OMT’s many investment strengths,” he added.

Inc., a Winnipeg-based company, which trades on the TSX Venture Exchange (TSX Venture: OMT), is an innovative leader in providing technology and solutions to the media and broadcast industries. OMT’s broadcasting and mulitmedia technology is heard by millions of people worldwide every day through television, radio, satellite, cable and Internet broadcasts.

Wordsnorth IR is a subsidiary of Wordsnorth International, a Winnipeg-based Public Relations, Marketing and Corporate Communications firm. Wordsnorth IR provides a full line of specialist Investor Relations and Corporate Communications services to publicly traded companies listed on either the Toronto Stock Exchange or the TSX Venture Exchange.

The TSX Venture Exchange has neither approved nor disapproved the information contained in this News Release.


For additional information, contact:

Scott Farr, President & CEO
OMT Inc.
Tel. 204-786-3994
Fax 204-783-5805
E-mail sfarr@omt.net
Web: www.omt.net

Don Bain, Managing Director
Wordsnorth IR
Tel. 204-977-3521
Fax 204- 943-5714
E-mail donbrain@wordsnorth.com

 

Current News Archived

Copyright©2004 OMT Inc. All Right Reserved