OMT Reports Annual Results for 2008

Market Wire, April, 2009

Fair value is based on quoted market prices when available. However, when financial instruments lack an available trading market, fair value is determined using management's estimates and is calculated using market factors with similar characteristics and risk profiles. When CICA Handbook Section Financial Instruments - Disclosure and Presentation was adopted in 2007, the opening deficit was decreased by $122,926 as a transitional adjustment to revalue long-term debt at its amortized cost.

For financial assets and liabilities classified as other than held for trading, transaction costs directly attributable to issuance or acquisition, are added to their fair value on initial measurement.

(d) Property and equipment:

Assets included in property and equipment are stated at cost less accumulated amortization. Amortization is provided for over the estimated useful lives of the assets on a straight line basis.

----------------------------------------------------------------------------
----------------------------------------------------------------------------
Asset                            Basis
----------------------------------------------------------------------------

Computer hardware                Straight-line                      3 years
Furniture and equipment          Straight-line                      5 years
Assets under capital lease       Straight-line                      3 years

----------------------------------------------------------------------------
----------------------------------------------------------------------------

(e) Software and other intangible assets:

Software and other intangible assets are stated at cost less accumulated amortization and are amortized on a straight-line basis over their estimated useful lives as follows:

----------------------------------------------------------------------------
----------------------------------------------------------------------------
Asset                                                                  Term
----------------------------------------------------------------------------

Purchased intellectual properties                               4 - 5 years
Other software                                                      2 years
Other intangibles                                                   5 years

----------------------------------------------------------------------------
----------------------------------------------------------------------------

(f) Impairment of property and equipment and finite life intangible assets:

Impairment of property and equipment and finite life intangible assets is recognized when an event or change in circumstances causes the asset's carrying value to exceed the total undiscounted cash flows expected from its use and eventual disposition. The impairment loss is calculated by deducting the estimated fair value of the asset from its carrying value.

(g) Income taxes:

The Company uses the liability method of accounting for income taxes. Under this method, future tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Future tax assets and liabilities are measured using the substantively enacted tax rates expected to apply to taxable income in the year in which those temporary differences are expected to be recovered or settled. The effect on future tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the date of enactment or substantive enactment.