OMT Analytixinsight, Inc.

OMT Inc. ("OMT") (TSX VENTURE:OMT) announced today that the OMT board of
directors has approved, subject to receipt of all applicable regulatory and
shareholder approvals, a transaction comprised of a non-brokered offering by way
of private placement of 15 million subscription receipts ("Subscription
Receipts") for aggregate gross proceeds of $750,000 and a related consolidation
of the outstanding common shares ("Shares") on a nine-for-one (9:1) basis (the
"Share Consolidation"). Each Subscription Receipt will entitle the holder
thereof to receive, upon the satisfaction of certain escrow release conditions,
one unit (a "Unit") comprised of: (i) one common share of OMT at a price of
$0.05 per share on a post Share Consolidation basis; and (ii) one (1) common
share purchase warrant (a "Warrant"), each Warrant entitling the holder thereof
to purchase one (1) common share of OMT on a post-Share Consolidation basis at a
price of $0.10 per share. The Emprise Special Opportunities Fund, Limited
Partnership ("Emprise LP") has agreed to subscribe for 12.1 million of the
Subscription Receipts.


The proceeds of the financing will be held in escrow and released upon the
satisfaction of the following conditions (at which time the Subscription
Receipts shall be automatically exercised and converted into Units):




(a)  the completion of the Share Consolidation;                             
                                                                            
(b)  OMT reaching new arrangements with the debt and debentures holders in a
     manner that is satisfactory to OMT and to the holders of more than 50% 
     of the Subscription Receipts;                                          
                                                                            
(c)  OMT shall not have issued any additional common shares or other        
     securities;                                                            
                                                                            
(d)  receipt of final TSXV approval of the private placement of Subscription
     Receipts; and                                                          
                                                                            
(e)  the approval of holders of not less than 50% of the issued and         
     outstanding Shares with respect to the change of control resulting from
     the issuance of the Shares (and Warrants) in exchange for the          
     Subscription Receipts.                                                 



OMT intends to use the proceeds of the private placement to repay certain
indebtedness and for general working capital purposes.


On February 3, 2011, OMT announced that, after an in depth strategic review
process, the board of directors of OMT was of the view that no transaction was
available at that time which would provide OMT with proceeds in excess of its
outstanding indebtedness. The board of directors of OMT is pleased to have been
able to advance a strategic alternative that is better for stakeholders than was
previously announced, and is of the view that the proposed transaction
represents the only currently available alternative which will provide any
potential remaining value to OMT's shareholders.


The Share Consolidation will be subject to the approval of the TSX Venture
Exchange (the "TSXV") and the approval of OMT's shareholders by way of special
resolution. OMT expects to make an announcement shortly with respect to the date
of the meeting and the record date for determining OMT shareholders who will be
entitled to vote at the meeting approving the Share Consolidation.


The private placement of Subscription Receipts and the issuance of Units to
Emprise LP upon the exchange of Subscription Receipts are subject to the
approval of the TSXV. The Subscription Receipts (and any Shares and Warrants
issued pursuant to the exchange of Subscription Receipts) will be subject to a
four-month hold period from the date of the issuance of the Subscription
Receipts.


About OMT

OMT Inc. (OMT) is a technology solutions provider to the broadcast and media
industries across North America and Internationally. iMediaTouch is OMT's
flagship product suite of audio content management and digital delivery software
for commercial and non-commercial broadcast radio applications. OMT's
iMediaTouch Radio Automation software and radio's #1 selling digital logger,
iMediaLogger, are installed worldwide in individual stations, station groups and
some of the largest broadcast and audio delivery services to distribute audio
content heard by millions of people worldwide through television, radio,
satellite, cable and internet broadcasts. To learn more about our Company,
products and services, visit at www.omt.net.

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