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OMNI U.S.A. INC. OBTAINS WAIVER FROM NASDAQ

 OMNI U.S.A. INC. OBTAINS WAIVER FROM NASDAQ
 DEL MAR, Calif., Jan. 3 /PRNewswire/ -- Omni USA Inc. ("Omni")


(NASDAQ: OUSA), a Del Mar-based company, today announced that on Dec. 26, 1991, it was notified by the NASD that on Dec. 18, 1991, the NASDAQ Qualifications Committee decided to grant Omni a waiver of the new minimum initial listing requirements of $3 per share. This allows Omni to maintain its NASDAQ listing despite the fact that the stock has traded at less than $3 per share since its initial inclusion on NASDAQ in August 1991. This decision is subject to a discretionary review within 45 days of Dec. 18, 1991, by the association's board of governors and cannot be considered final until that time. The company knows of no reason why the waiver would be reversed or modified.
 -0- 1/3/92
 /CONTACT: Edward Daniel of Omni U.S.A., 619-755-7055/
 (OUSA) CO: Omni U.S.A. Inc. ST: California IN: SU:


KJ -- SD003 -- 6647 01/03/92 19:31 EST
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Publication:PR Newswire
Date:Jan 3, 1992
Words:171
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