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For Release: April 29, 2005 2005 Financial Statement

OMT Announces Chief Financial Officer and Board Change 

Winnipeg, MB – OMT Inc. (TSXV: OMT) announces the addition of Walter Buller to OMT as the Interim Chief Financial Officer and resignation of Steven Stang from the Board of Directors.

Mr. Buller brings extensive experience in business strategy development and financial management to OMT. He previously held CFO positions with technology companies including Norsat International Inc., a publicly traded satellite technology company listed on the TSX and NASDAQ. His career also includes over 30 years of experience in senior executive positions and management consulting roles including President of Gendis Business Services Inc., Vice President Finance for Sony Canada Ltd. and for Camgard Supply Ltd., and senior auditor of forensic accounting with KPMG in Europe.  Mr. Buller was admitted to membership in the Institute of Chartered Accountants in 1964.

 “Our Board and executive team has grown stronger this year with the most recent addition of Walter as CFO and the addition of Laurie Goldberg as a Director in early April 2005. These additions allowed Steven Stang to step down from his position as Audit Committee Chair and Director,” stated Bill Baines, Executive Chairman. He adds, “We sincerely thank Steven for his excellent input and diligence over the past five years as a Director. We are also very pleased that we have added two experienced business managers with strong financial backgrounds. As interim CFO, Walter will be a great asset in helping us fine tune and execute our growth plans this year.” 

Mr. Buller is acting as Interim CFO to assist OMT with several strategic initiatives that leverage on his significant past experience. OMT has initiated recruitment for a permanent CFO as part of its ongoing organization development.

About OMT
OMT Inc. (TSXV:OMT) is an entertainment technology and content delivery provider to the broadcast and related industries. Intertain Media, the digital entertainment division, and iMediaTouch, the radio broadcast solution group, distribute audio content that 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 web site at www.omt.net or www.imediatouch.com.

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The TSX Venture Exchange has not reviewed or approved the contents of this press release and does not accept responsibility for the adequacy or accuracy of this press release.

FOR FURTHER INFORMATION PLEASE CONTACT:
 

Scott Farr, OMT President and CEO
Phone: (204) 786-399
Email: sfarr@omt.net 

Bill Baines, OMT Executive Chairman
Phone:  (204) 786-3994
Email: bbaines@omt.net

 

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