Organic Resource Management Inc.

Organic Resource Management Inc.

December 13, 2010 08:00 ET

Organic Resource Management Inc. Forms Special Committee to Explore Maximization of Shareholder Value

WOODBRIDGE, ONTARIO--(Marketwire - Dec. 13, 2010) - Organic Resource Management Inc. (TSX VENTURE:ORI) ("ORMI" or "the Company"), today announced that its Board of Directors has formed a Special Committee of its independent Directors to examine and explore matters relating to a number of expressions of interest recently received from third parties to acquire the Company. The Special Committee is empowered to retain legal counsel and appropriate financial advisors to explore options to maximize shareholder value.

"The independent board members forming the Special Committee are highly qualified, forward thinking individuals, a number of which have undertaken numerous similar activities with other companies in the past," said Charles Buehler, Chairman & CEO of ORMI. "I am confident in their ability to provide prudent recommendations to our Board in line with the long-term objectives of ORMI shareholders."

The Board of Directors cautions the Company's shareholders and others considering trading in its securities that the Board of Directors has received no proposals to acquire the Company's shares or assets and no decisions have been made by the Board of Directors or the Special Committee with respect to selling the shares or assets of the Company. There can be no assurance that any definitive offer will be received or accepted, and that any agreement will be executed or that any transaction will be consummated.

Note: Certain information contained in this press release may be forward-looking and therefore subject to unknown risks or uncertainties. The actual results, performance or achievements of Organic Resource Management Inc. may differ materially from the results, performance or achievements of the Company expressed or implied by such forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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