ORLANDO, Fla., Nov. 3, 2004 (PRIMEZONE) -- Omni Alliance Group Inc. (Pink Sheets:OMNA) is pleased to announce it has completed the acquisition of Ross Marketing Group Inc, a Ridgefield, CT based specialty marketing company. This acquisition is part of an ongoing effort by Omni to re-position its business direction towards the leisure lifestyle consumer markets. Earlier this year, Omni acquired Radmaxx International.
Ross Marketing Group Inc (www.rossmarketinggroup.com) is a marketing company, specializing in Mobile Marketing programs and Special Event venues. Its customers over the last few years have included, LG, Calvin Klein Cosmetics, Davidoff, Pepsi, Reed Exhibitions, Hachette Filipacchi, Hilton Garden Inn, Reebok and many others. Ross is perhaps best known for developing table top covers for advertising marketing used in major malls throughout the US. Ross has worked extensively with two of the largest shopping mall developers in the US targeting a highly sought out demographic group.
Superbowl XXXIX, in Jacksonville, Florida, February 6, 2005 marks the next major special event for Ross, whose previous events include the 1996 Summer Olympic Games and the 1998 Pepsi Centennial Celebration. The Omni "Pavilion" at the Superbowl will encompass a 40,000 square foot building, within sight of the Alltel stadium and strategically centered adjacent to the marine transportation hub. The "Pavilion" will also accommodate a private hospitality area utilizing luxury Motor Coaches as Corporate Hospitality suites.
"We are pleased to be associated with Omni and look forward to contributing to the overall success Omni envisions within its business plan. Ross lends a dynamic cross marketing element to Radmaxx and Omni's Coach Division," says Michael Curtin, President and founder of Ross Marketing Inc.
"The integration of Ross Marketing's expertise, services each of our endeavors synergistically," states Scott Spor, COO of Omni Alliance," As we build our dealer network within the electric vehicle industry, the resources and cross marketing techniques enhance both product and dealer recognition, we look forward to the contributions Ross lends to our pursuits."
The acquisition transaction was concluded after proper due diligence by both parties and consummated with the issuance of restricted common stock of Omni Alliance Group Inc. (Pink Sheets:OMNA). Ross will remain as a wholly owned subsidiary and financially consolidated accordingly.
About Omni Alliance Group Inc.
Omni Alliance Group, Inc. is a holding company preparing to engage in Leisure Lifestyle industries. The Company currently identifies opportunities in the Personal Electric Vehicle (PEV) industry, including manufacturing, distribution and sales and the Luxury Motor Coach Industry (sales, rental & leasing programs). www.omnialliancegroup.com
About Radmaxx International
Radmaxx International is a wholesale importer and distributor of electric scooters. Radmaxx retains an exclusive worldwide distribution agreement with Wuxi Top Absorber Corporation Ltd., based in the Republic of China to market the "Kicker FX" scooter. The Kicker FX is a dynamically designed, battery-operated scooter designed for the youth market and recently featured on such shows as MTV's "Cribs," and the "Lifestyle" catalogue. www.radmaxx.com
Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence due to shifts in market demand; and litigation involving product liabilities and consumer issues. Omni Alliance Group Inc. cautions readers not to place undue reliance upon any such forward looking statements, which speak only as of the date made. Omni Alliance Group Inc. expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the company's expectations or any change in events, conditions or circumstances on which any such statement is based.