Ominto Relocates Global Headquarters to Seattle

SEATTLE, WA--(Marketwired - Aug 5, 2015) - Ominto, Inc. (OTC PINK: OMNT), the global leader in online Cash Back shopping, today announced that it is relocating its corporate headquarters to Seattle, Washington. In a move spurred by Ominto's rapid expansion and global reach, the company's leadership team chose Seattle in recognition of its reputation as a thriving technology business hub.

"Due to its quality of life and rich talent pool, Seattle has become a powerful epicenter for pioneering companies in e-commerce, digital innovation and technology," said Ivan Braiker, CEO and President of Ominto, Inc. "We believe Seattle is an ideal setting to establish our new global headquarters, which will support us as we aggressively pursue the next stage of growth for our robust and fast-expanding Cash Back rewards platform." 

Ominto, Inc.'s executive team, including CEO Ivan Braiker and CFO Thomas Virgin, will lead the Seattle-based office, which relocates Ominto's headquarters from Ft. Lauderdale, Florida. The Seattle location will serve as Ominto's primary international corporate headquarters for senior management.

"With both a new headquarters and a new name that reflects our growth and business opportunities, Seattle will give our highly capable management team a launching pad to embrace growth opportunities, access potential business partners and continue to educate consumers on the value of the Ominto shopping platform," said Mr. Braiker. "As our business grows, we are equally committed to nurturing our talent pool and our new facility will inspire our dynamic work environment as we continue to develop and expand as a team."

Ominto will include Ominto.com, an online shopping platform set to launch in September that enables shoppers to earn Cash Back on all of their online purchases. Ominto.com will also support the Ominto Partner Program, which will operate co-branded sites on behalf of global businesses and non-profit partners. Powered by Ominto.com, these sites will act as powerful fundraising platforms for Ominto Partners, helping them diversify their revenue streams while building loyalty among shoppers, employees, investors and donors who earn Cash Back on everyday purchases.