updated 9/16/2010 9:17:10 AM ET 2010-09-16T13:17:10

NEW YORK, Sept. 16, 2010 (GLOBE NEWSWIRE) -- Omni Ventures, Inc. (OTCQB:OMVE) is pleased to announce that it has added four new members to its Board of Directors and the Management Team. In regards to their position in the corporate structure, Mr. James Smith has joined the company as its President, and Mr. Myles O'Dwyer has accepted the CFO duties. Mr. Bernard Rice and Mr. Douglas Byerley will concurrently accept Director duties. Mr. Douglas Byerley will also be the President of the Payment Networks and Technologies Division.

Subsequent to the appointments, Mr. Neil Kleinman and Mr. Lawrence Sands have stepped down from their Company responsibilities.

Mr. Dan Reardon, the Company's CEO stated, "We are lucky to bring Jim, Myles, Bernie and Doug aboard. While they won't emphasize their experience, Jim ran a $10 billion dollar company as President, Myles worked under Jim at McKesson Corp. as Vice-President of Finance and as of lately is a founder of a very successful commercial tools supplier. Bernie and Doug are equally modest, but Doug did serve as an Advisor to the U.S. Chamber of Commerce, top executive at First Data Corporation and a consultant to credit card processing services run by financial behemoths. And Bernie was the Vice-President for Development and the acting CFO for the southern region (U.S.) of IBM. Needless to say, both gentlemen know how to get things done and we are looking forward to their leadership in implementing our versatile business plan. All in all, the team is eager to get working on the opportunities we have procured and wish to roll up their sleeves and take our current projects from conception to the revenue generating stage."

About Omni Ventures

Omni Ventures, Inc. is a development stage company working on a versatile portfolio of projects in commercial real estate, premium consumer brands merchandising as well as consumer services. The Company is working to position itself as a strategic management holding company for several subsidiaries to be established or acquired. Management is negotiating several joint ventures with established operating companies in the fields of land and real estate development and consumer goods manufacturing and distribution. For more info, please visit www.omve.net

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