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Amerityre Corporation (AMTY) Moves Aggressively Into Global Tire Fill Market

Amerityre Corporation (AMTY) announced that the company has identified the global tire fill market sector as an immediate strategic objective for the Company’s Amerifil polyurethane product.

The company stated, “Our closed cell foam tire fill is less than half the weight of competing tire fill materials. This translates directly into cost savings for the customer. In addition, the robust nature of Amerifill(TM) means that it can be used in a broad spectrum of tire applications, from wheel barrows to telehandlers. If lower cost and improved performance aren’t enough, Amerifill is safe to use and doesn’t present health and environmental hazards like petroleum-based fill materials. We consider Amerifill to be an exciting new business opportunity for the Company.”

Amerityre’s CEO Gary Benninger also announced the formation of an internal sales group to specifically target suppliers and OEM (original equipment manufacturer) users of tire fill in the construction, industrial and mining applications.

Gary Benninger commented, “Our initial contacts with customers have been quite favorable, and we’ve provided price quotes to potentially supply over 12 million pounds of material. Our plan is to move quickly into this substantial and growing market, and discussions are underway to establish a European marketing partner.”

Benninger added, “To supplement our sales effort, we intend to showcase Amerifill at two highly attended industry events held in Las Vegas later this month and in mid-March. The events will give us the opportunity to introduce Amerifill to the vast majority of our target customers in addition to an estimated 250,000 industry professionals from around the world.”

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