November 19, 2003

OMT Acquires Assets of Former musicmusicmusic inc.

WINNIPEG, MANITOBA--OMT Inc. (TSXV:OMT), Scott Farr, President and CEO of OMT Inc., announced today that the company has, through a wholly-owned subsidiary, purchased the assets of the former musicmusicmusic inc., a Toronto based multi-media content provider previously traded on the Neuer Markt of the Frankfurt Stock Exchange under the symbol MU5. 

This acquisition provides OMT with one of the worlds' largest media databases containing over 365,000 high quality digital audio tracks and several thousand digital DVD movie and video game trailers. The sophisticated SQL content management database and a secure Internet based content delivery system, also acquired as part of the transaction, provides the infrastructure to immediately deliver subscription-based multi-media services to existing clients and new customers. 
 
These new media services include a commercial music service, branded Internet streaming radio service, digital audio updates services for radio stations, and a retail CD, DVD, and video game previewing service. OMT plans to distribute these new services jointly through select business partners across North America. 
 
"We believe that this acquisition will lay the foundation for new revenue and profit growth for OMT through already established content and subscription services," stated Scott Farr President and CEO of OMT Inc. "We can immediately begin servicing the rapidly evolving multi-media market with a huge content database and a sophisticated infrastructure from which to deliver this content," he added.
 
About OMT 
OMT Inc. (TSXV:OMT) is a technology and multi-media content solution provider to the entertainment and broadcast industry. OMT's broadcasting and multi-media technology is heard by millions of people worldwide every day through television, radio, satellite, cable and Internet broadcasts. To learn more about the Company, its products and services, visit its website at www.omttechnologies.com and more information on the acquired assets can be found at www.musicmusicmusic.com .
 
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FOR FURTHER INFORMATION PLEASE CONTACT :OMT Inc.

Scott Farr
President and CEO
Phone: (204) 975-0790 or cell (204) 781-2015
sfarr@omt.net
or
Marieke Wijtkamp
(204) 975-0792
mwijtkamp@omt.net

The TSX Venture Exchange has neither approved nor disapproved the contents of
this press release.
INDUSTRY : MUL
SUBJECT : NWS

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