Radio / Television News

Sales and profit up at OMT

WINNIPEG – Radio automation system maker OMT Inc. reported growing results for the second quarter of 2005, ended June 30th. Sales for the quarter ended June 30, 2005 show an increase of 22.9% over the same quarter last year to $1.04 million. The increase is largely attributed to hardware sales, says the company, which increased from $309,000 in Q2 2004 to $477,000 this quarter. These hardware sales were related to the increased deployments of iMediaTouch to new radio station clients and Intertain's retail previewing service to existing clients (the company also sells to retailers). Although sales are higher, due to...