BOULDER CITY, Nev.,
March 25 /PRNewswire-FirstCall/ --
Amerityre Corporation (OTC Bulletin Board: AMTY)—Amerityre, a
leading manufacturer of polyurethane flat proof tires, today
announced that K2 Industrial Tire, Inc. has reported that our
forklift tire (the “Kryon” tire) is performing extremely well in
the market. Dealers are commenting that Kryon is their “go to”
problem-solving tire. K2 reports that customers are so pleased with
the performance of the tires that they will specify the Kryon tires
for original equipment on their new machines.
“Our most recent tests have demonstrated increases in both
service hours and reliability. As a result, K2 has seen a huge
increase of interest in our product from its dealer network and has
indicated its desire to increase distribution,” commented
Michael Kapral, Amerityre’s
President and CEO. “It is our plan to increase production of our
Kryon tire to meet the growing demand. Amerityre is the last
domestic manufacturer of press-on forklift tires. Since all
others are off shore production, dealers must order container loads
of product and be willing to wait six to eight weeks for delivery.
With our proprietary formulation and manufacturing technologies we
can deliver the product in a timely manner.”
For more information on Amerityre, visit its website at
www.amerityre.com
This release may contain statements that are forward-looking.
Such statements, including those related to the prospects for
and/or the benefits of Amerityre’s technology, materials, license
and/or development agreements are made based upon current
expectations that are subject to risks and uncertainties. Such
risks and uncertainties include the factors discussed in our Annual
Report on Form 10-K for the year ended June
30, 2009, as well as Forms 10-Q and other filings with the
Securities and Exchange Commission. Amerityre does not undertake to
update forward-looking statements in this news release to reflect
actual results of and changes in assumptions or changes in other
factors affecting such forward-looking information.
SOURCE Amerityre Corporation