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Microcap & Penny Stocks : AIRG: Airtech International Group, Inc.
AIRG 4.230+2.7%3:59 PM EST

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To: jan_mike who wrote (403)8/13/2000 12:20:45 AM
From: DuGen  Read Replies (1) of 479
 
Hummm, PR is gone! But did find a copy of what it said.

Here's the P/R from AOLs news service:
Airtech Expands Franchise & Hires New VP

DALLAS--(BUSINESS WIRE)--Aug. 8, 2000--Airtech International Group, Inc., (OTCBB:AIRG) announced today the Company is scheduled to open ten new Airsopure locations this August 2000.

Airsopure V.P. Franchising, Scott White, stated, "The demand for the Airsopure franchise is overwhelming. We are scheduled to open new Airsopure franchises in the following cities: Chicago; Detroit; Jersey City, N.J.; Tampa, Fla.; Lafayette, La.; Baton Rouge, La.; Midland/Odessa, Texas; Tyler, Texas; Cookeville, Tenn.; Tuscaloosa, Ala."

White added, "Our goal is to open and support 100 new locations, and based on market reception, we are definitely on track." Many types of people that have been attracted to the Airsopure franchise opportunity, to include professionals and a large number of people from the Direct Sales Industry. The target franchisees are people in America that have sold vacuums, water purification products, and home improvements -- that are looking for a success story. White adds, "The most unique part of our franchise program is that it is based on a proven and documented format and that almost anyone can learn." Airsopure Franchises start at $15,000 per populous.

This projected stair step growth of the franchise network is forecasted for 100 new franchises this year. Individual franchise projected revenue is estimated to be in excess of $500,000 per year, per location from date of opening. These sales projections are exclusive of other revenue streams such as: Commercial Sales, Government Sales and other National Accounts.

Airtech also hired new VP of Franchise Administration, Todd Jones. Mr. Jones is a franchising professional with over 10 years of hands-on experience. He is proficient in all phases of administration of domestic and international franchise agreements as well as franchise relations. Mr. Jones was the former Director of Franchise revenue for Metromedia Restaurant Group, the franchisor of Bennigan's, Steak & Ale, Ponderosa and Bonanza Restaurants.

Airtech first achieved market recognition with its air purification technology by providing a simple solution using advanced technology and engineering allowing smokers and non-smokers to co-exist in restaurants and bars. Some of its growing corporate customer list include: TGI Friday's, Alphagraphics, El Chico's, Bennigan's, Del Frisco's Double Eagle Steakhouses, Sullivan's, Oklahoma State Capital and numerous others. Airtech's primary focus is on hospitality, prints shops, schools, hotels, office buildings, casinos, medical facilities and residences.

Airtech International Group, Inc. (www.airtechgroup.com), is a publicly traded company under the symbol (OTCBB:AIRG). Airsopure, Inc., (www.airsopure.com) is a wholly owned subsidiary of Airtech, was founded in 1997, and has a large number of franchisees throughout the United States, Canada, Europe, and Asia. Prospective franchisees may obtain more information via Tel: 972/960-9400, or Fax: 972/960-9395. Investor Inquiries may be obtained from Stock Enterprises at stockenter@aol.com or Tel: 702/614-0003.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward looking statements. The Company is not required to update its forward looking statements. These risks are described in the Company's Form 10-KSB for the fiscal year ending May 31, 1999, and form SB-2A, July 2000, filed with the SEC.

CONTACT:

Airtech International Group, Inc., Dallas

Scott White, 972/960-9400 x119
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