Omnitech Consultant Group inc.
TSX VENTURE : GCO

Omnitech Consultant Group inc.

March 21, 2006 09:19 ET

GCO Renews a 5 Year 1.75M Euros Contract in France

QUEBEC CITY, QUEBEC--(CCNMatthews - March 21, 2006) - Omnitech Consultant Group Inc. ("GCO") (TSX VENTURE:GCO), announces that its "Process Controls and Optimization" business unit renewed, until 2010, a contract with Altemis SARL ("Altemis"), a company based in France.

The proceeds from this agreement could reach 1,755,000 euros over five years. Last year, GCO billed Altemis for 274,000 euros compared with 169,000 euros the previous year, for an increase in business of 62%.

"When Toptech became active in France, five years ago, we had not expected such as fast growth. Our intervention solution with guaranteed results created a new trend in the performance optimization market in France and Altemis quickly became a reference in the field. Several large French manufacturing companies showed interest and the results allowed Altemis to expand its market even faster within companies of all sizes and industries" declared M. Jean-Philipe Raiche, Vice-President Business Strategies of GCO.

"The synergy we created keeps growing and evolving. We just completed our bi-annual technology transfer process which will create new business opportunities due to the new solutions that can be proposed to the clients" added Mr. Claude Belley, Chief Executive Officer of GCO.

"The renewal of this agreement with GCO is highly satisfying to us. We anticipate a rapid growth of our sales with the opening of a new business place in the region of Lyon. The software solutions developed by GCO give us a definite competitive advantage" concluded Mr. Christian Cambier, Manager of Altemis SARL.

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 Altemis SARL

Altemis is a consulting engineering firm specialized in manufacturing process optimization. Based in Belfort, France, the company was founded in 2001 by Mr. Christian Cambier, a mining engineer. Throughout the years, it developed several solutions and hired a team of 23 people. Altemis uses the solutions developed by GCO's "Process Controls and Optimization" business unit in its systematic reviewing of clients manufacturing systems in order to improve response time, eliminate waste and allow the realization of economies of scale.

The prospective announcements contained in this press release are associated with known and unknown risks, uncertainties and other factors that could lead to actual company results, yields and achievements that differ significantly from the future results, yields or achievements expressed or implied by these prospective facts.

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the relevance or accuracy of this press release.

Contact Information

  • Omnitech Consultant Group
    Claude Belley
    Chief Executive Officer
    (418) 626-9090
    www.gco.ca
    or
    Omnitech Consultant Group
    Philippe R. Bertrand
    Vice President, Communications and Public Affairs
    (514) 378-7445
    philippe.bertrand@gco.ca
    or
    Altemis SARL
    Mr. Christian Cambier
    Manager
    011 33 3 84 22 99 10