Omnitech Consultant Group inc.

Omnitech Consultant Group inc.

September 27, 2005 08:30 ET

GCO Completes the Acquisition of Winpunch and Micro-Solution

QUEBEC CITY, QUEBEC--(CCNMatthews - Sept. 27, 2005) - Omnitech Consultant Group Inc. (TSX VENTURE:GCO) ("GCO") is pleased announce that it has completed the acquisition of all of the issued shares of 9041-9326 Quebec Inc., which does business under the company name Winpunch Informatique (Winpunch), and of 9031-9344 Quebec Inc., which does business under the name Micro-Solution (Micro-Solution). With these acquisitions, the company completes its offering as a one-stop-shop in the engineering of organizational performance.

Important facts regarding this acquisition are as follows:

- GCO completes its product line by adding software that compiles
data entries and calculates employee production time;

- The integration of Winpunch and Micro-Solution has already been

GCO has acquired all of the issued shares of Winpunch and of Micro-Solution as part of a transaction evaluated at approximately $450,000. The purchase price was paid as follows: $200,001 in cash, and 178,571 common shares of GCO at a price of $1.40 per share for a total amount of $250,000.

A press release was issued this past June 30 regarding this acquisition. Following subsequent negotiations among the parties, the number of shares issued for the dollar amount of $250,000 has changed from 150,000 common shares to 178,571 common shares.

About Omnitech Consultant Group Inc. ("GCO")

GCO operates in the engineering, information technology and systems maintenance sectors. GCO is capable of intervening in all aspects of industrial engineering and information technology (IT), thus combining a major and distinctive niche in comparison with the competition. GCO integrates new technologies or optimizes existing systems by applying cutting-edge expertise currently used in the best practices.

About Winpunch and Micro-Solution

Winpunch and Micro-Solution capitalize on their experience and their numerous successes in the field of custom application development, technology integration, technical assistance and installation of high-level hardware in order to offer their clients production-time management solutions. In addition, Winpunch possesses a team of
programmers and analysts, as well as a training officer, to ensure it responds adequately to the ever-growing needs of its clientele.

The TSX Venture Exchange assumes no responsibility with regard to the relevance or accuracy of this press release.

Contact Information

  • Omnitech Consultant Group Inc.
    Claude Belley
    (418) 626-9090
    Omnitech Consultant Group Inc.
    Philippe R. Bertrand
    Vice President, Communications and Public Affairs
    (418) 626-9090
    Paradox Public Relations
    Eric Leboeuf
    (514) 341-0408