OMICRON TECHNOLOGIES, INC.
March 15, 2000
NEWS RELEASE
OMICRON TECHNOLOGIES ANNOUNCES
PERSONNEL CHANGES AND PROJECT STATUS
Omicron Technologies, Inc. (NQB Pink Sheets : OGPS) is pleased to announce that Sak Narwal has been elected President and Director of the company. Former President, Barrett Sleeman, has been elected Chairman of the Board of Directors. Secretary/Treasurer and Director of the company, David Naylor, who recently left a senior financial position with a major media company will now assume the full-time duties as Chief Financial Officer, the position previously held by Mr. Narwal.
The company also wishes to state that the target launch date of our Casino software has been delayed. However, Omicron strongly anticipates that the Casino software will be launched this year, and anticipates being in a position to release a target date very soon.
Several employees, including Project Leader - Brian Schindel and Marketing Manager - Paul Mendes, are no longer with the company. However, Omicron is currently well advanced in filling the positions vacated.
Finally, it is anticipated that the soft launch of our Bingo software will be during the month of April. Even with the absence of any significant marketing efforts to date, several thousand people have registered for beta testing on our Bingo website.
Omicron Technologies, Inc. is in the business of acquisition, research and development, and marketing of leading edge technologies and Internet-based business concepts. Through a combined strategy of focusing on specific marketing niches and speedy development of its proprietary technologies, Omicron expects to gain significant market penetration in these areas.
For further information, contact our Investor Relations toll free at :
Telephone : 877-903-2288
Website www.omicrontechnologies.com
OMICRON TECHNOLOGIES, INC.
Sak Narwal, President
NOTE: Safe Harbor for Forward-Looking Statements
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of prices, product demand, market compensation, risk inherent in the company's international operations, imprecision of reserve estimates and the company's ability to replace and expand reserves. |
