One eye opens:
MILLBURY, Mass.--(BUSINESS WIRE)--March 19, 1997--OMNI MULTIMEDIA GROUP, INC. (AMEX: OMG) announced today that the Company has made its first two shipments of CD-ROMs under a recently awarded United States Government contract. The contract runs for one year, January to December of 1997, with an option of four additional years. The Company will be supplying the CD-ROMs and packaging for the U.S. Patent and Trade Office. This agreement is based on a Government Printing Office (GPO) estimate of $751,000 for the first year. OMNI MULTIMEDIA GROUP, INC. has solicited additional contracts and is optimistic concerning future awards. OMNI MULTIMEDIA GROUP, INC. offers the software market complete turnkey software manufacturing and distribution through its wholly-owned subsidiaries, OMNI Resources Corporation-East, Midwest and West, located in Massachusetts, Minnesota and California. These subsidiaries with 410,000 square feet of high quality manufacturing and warehouse space provide CD-ROM mastering and replication with six color screen and offset CD printing. The OMNI Resources Companies also provide disk duplication, four color in-house documentation printing, packaging, assembly and fulfillment. OMNI's 4CDs subsidiary provides a retail and wholesale outlet for software developers through the 4CDs Multimedia Internet catalog and a growing capability in Electronic Channel Services (ECS) including CD encryption and electronic software distribution. Together, the OMNI Companies offer the software industry vertically integrated software manufacturing, fulfillment and distribution with retail and wholesale capabilities. All anticipations and expectations contained herein are forward-looking statements that involve uncertainty and risk. Actual results could differ materially from those projected in such forward-looking statements. CONTACT: PAUL F. JOHNSON, PRES. (508) 865-4451 ROBERT E. LEE, EXEC-VP, CFO (508) 865-4451 ADRIAN MADONIA, PR (908) 788-9660 |