Amerityre Update on Forklift Tires Performance

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