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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
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