SOURCE: Ominto, Inc.

Ominto, Inc.

August 25, 2015 06:00 ET

Ominto Names Ari Hunsaker Executive Product Manager

Solution-Oriented Leader to Spearhead Future of Ominto.com

SEATTLE, WA--(Marketwired - Aug 25, 2015) - Ominto, Inc. (OTC PINK: OMNT), the global leader in online Cash Back shopping, today announced that Ari Hunsaker has been named Executive Product Manager, reporting directly to Ivan Braiker, Ominto's President and Chief Executive Officer.

Mr. Hunsaker joins Ominto with more than 12 years' experience in the technology industry with a focus on user experience and customer relationships. His product management and channel development roles include managing large teams at several notable brands including AT&T Mobility and Redgear Technologies, an H&R Block Company. Earlier in his career, Mr. Hunsaker held positions of increasing responsibility concluding with three years tenure as National Account Manager with Iomega, an EMC company. Mr. Hunsaker is known for turning complex business initiatives into winning, executable strategies and for working across business units and functions to achieve revenue targets. Mr. Hunsaker has a wide range of technical expertise including cloud and hard-drive storage technology, agile development methodology, software download and update technology and channel sales and distribution.

Ivan Braiker, President and CEO of Ominto, stated, "Ari is a genuine high-tech business professional with a long career of managing products across a variety of technology disciplines. His solutions-oriented approach coupled with his understanding of project improvements as a result of his Six Sigma Enterprise Black Belt Certification will provide our team with a necessary skill set as we get set to launch Ominto.com. His long history of working with cross functional teams will prove vital to Ominto as we position ourselves for a world class product and organization. We welcome him to Team Ominto." 

Ominto will include Ominto.com, an online shopping platform set to launch in September that enables shoppers to earn Cash Back on all of their online purchases. Ominto.com will also support the Ominto Partner Program, which will operate co-branded sites on behalf of global businesses and non-profit partners. Powered by Ominto.com, these sites will act as powerful fundraising platforms for Ominto Partners, helping them diversify their revenue streams while building loyalty among shoppers, employees, investors and donors who earn Cash Back on everyday purchases.

Partnering with thousands of the world's leading shopping and travel brands, Ominto.com will provide members with a Cash Back earning platform for online purchases from their favorite shopping sites -- without changing everyday shopping habits.

For more information, please visit Ominto's corporate website http://inc.ominto.com.

About Ominto, Inc.

Ominto, Inc. is a global ecommerce leader and pioneer of online Cash Back shopping, delivering value-based shopping and travel deals through its international network of shopping websites and Partner sites. At, Ominto.com or at Partner sites powered by Ominto.com, consumers will shop at their favorite stores, save with the best coupons and deals, and earn Cash Back with each purchase. Ominto.com will feature thousands of brand name stores and industry-leading travel companies from around the world, providing Cash Back savings to consumers in more than 120 countries. Ominto Partner will offer a customized co-branded version of the Ominto.com shopping and travel platform to businesses and non-profits, providing them with a professional, reliable web presence that builds brand loyalty with their members, customers or constituents while earning commission for the organization and Cash Back for shoppers on each transaction.

Forward-looking Statements
This document contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding Ominto's strategy, future operations, future financial positions, prospects, plans and objectives of management are forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "to," "plan," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," "target" or "continue" and similar expressions (or the negative of these terms) are intended to identify forward-looking statements. These forward statements include, among other things, statements about management's estimates regarding future revenues and financial performance and other statements about management's beliefs, intentions or goals. Ominto may not actually achieve the expectations disclosed in the forward-looking statements and you should not place undue reliance on Ominto's forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results or events to differ materially from the expectations disclosed in the forward-looking statements, including, but not limited to: our ability to successfully obtain consumer and/or market acceptance of our membership Cash Back program; the ability to attract customers who purchase through our website; our ability to obtain additional funding and/or generate sufficient working capital to fund our operations; the ability to establish and/or maintain a large growing base of productive business associates; the ability to develop and/or maintain our growing Partner programs; the ability to obtain and maintain digital coupon content on our website; the risks related to Ominto's ability to manage its growth, including accurately planning and forecasting its financial results; the competitive environment for Ominto's business; Ominto's ability to protect consumer data and our intellectual property; the ability to adapt to mobile and technological change; the need to manage regulatory, tax and litigations risk; Ominto's ability to manage international business uncertainties; along with other risks and potential factors that could affect Ominto's business and financial results identified in Ominto's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended September 30, 2014.

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