Ominto Appoints Raoul Quijada CFO

4/2/17

BOCA RATON, Fla.--(BUSINESS WIRE)--Ominto, Inc. (Nasdaq: OMNT), a global leader in online Cash Back shopping, today announced that Raoul Quijada has been promoted to Chief Financial Officer from Interim Chief Financial Officer, effective March 7, 2017.

Mr. Quijada joined the company in June 2016 with over 20 years of experience, bringing with him a significant record of leadership from several Fortune 500 Companies. Mr. Quijada started his career at Price Waterhouse Coopers LLP. Immediately prior to joining the company, Mr. Quijada worked at Afligo Marketing Services, Inc. a division of Systemax Inc. (NYSE: SYX) a Fortune 600 company, where he served as Senior VP of Finance and Operations and was responsible for leading the functions of financial management and strategic planning as well as operations.

“We are fortunate to have found an executive of the highest caliber with global experience to join Ominto. He has been a great contributor to our team and was instrumental in the application process and our approval in uplisting to Nasdaq," stated Michael Hansen, Founder and CEO of Ominto. "We are excited to have him join our management team permanently and look forward to his future with our company.”

From 2005 through 2007, Mr. Quijada was the Senior Director of Finance at Newell Rubbermaid, the Director of Strategic Planning & Analysis from 2003 to 2005, and the Director of Finance-LAC Division from 1998 to 2003. As a Certified Six Sigma Black Belt and proficient in the Six Sigma/Lean Principles, Mr. Quijada has used his expertise in Operational Excellence to lead several initiatives to increase efficiencies through the implementation of different mechanisms designed to improve core processes and measure operational effectiveness. Mr. Quijada attended New York University and Concordia University with a double major in Business Administration & Finance and holds a Master of Business Administration from the University of St. Thomas – Graduate School of Business in Minneapolis MN, and a Certificate of Professional Achievement in Leadership & Management from the Kellogg School of Management - Evanston, IL.

About Ominto, Inc.

Ominto, Inc. is a global e-commerce leader and pioneer of online Cash Back shopping delivering value-based shopping and travel deals through its primary shopping platform, DubLi.com and affiliated Partner Program websites. At DubLi.com or at Partner sites powered by Ominto.com, consumers shop at their favorite stores, save with the best coupons and deals, and earn Cash Back with each purchase. The Ominto.com platform features thousands of brand name stores and industry-leading travel companies from around the world, providing Cash Back savings to consumers in more than 120 countries. Ominto’s Partner Programs offer a white-label or co-branded version of the Ominto.com shopping and travel platform 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 commission for the organization and Cash Back for shoppers on each transaction.

For more information, please visit Ominto's corporate website http://inc.ominto.com.

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