Ominto Announces Board Resignations

Ominto Inc (NASDAQ:OMNT), a growth company with global operations in the e-commerce marketing and entertainment industries announced that Mitch Hill, Gregory Newell, Jaye Connolly-LaBelle, Peter Harris and Gary Baughman have resigned from its Board of Directors without disagreement.

As quoted in the press release:

Michael Hansen, Founder and CEO of Ominto, Inc. stated, “It has been an honor and a privilege to work with such great leaders over the last few years. They have played an important role in the development of the company and we appreciate their support and contributions. We are sincerely grateful for their dedicated service and wish them well in their future endeavors.”

Mr. Hansen, continued, “The search has already commenced for new members of our Board. In particular, we are pursuing leaders who have considerable experience in the e-commerce sector and who understand the unique requirements of a global company. We are identifying and engaging with innovators and pioneers in online commerce.”

Ominto is a pioneer in global Cash Back and first to market in many regions of the world. At the core of Ominto’s business is Dubli.com, a global consumer Cash Back e-commerce digital marketplace.

Ominto’s Partner Programs offer a white label version of the Ominto.com shopping and travel website to businesses and non-profits, providing them with a professional, reliable web presence that builds brand loyalty with their members, customers or constituents while earning commissions for the organization and Cash Back for shoppers on each transaction.

Click here for the full text release.