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To: Rocket Red who wrote (130471)	3/30/2004 3:04:20 PM
From: StocksDATsoar	Read Replies (2) \| Respond to of 150070

last news release (BSNS WIRE) American Technologies Group, Inc. Announces Shareholder Approva American Technologies Group, Inc. Announces Shareholder Approval to Increase Authorized Shares Business Editors MONROVIA, Calif.--(BUSINESS WIRE)--Sept. 3, 2002--American Technologies Group Inc. (ATG) (OTCBB:ATEG) announced today that their shareholders have approved an amendment to its certificate of incorporation to increase the authorized number of shares of common stock from 100 million to 1 billion shares at a special meeting held at the Harvard Club in New York City on August 30, 2002. Total shares voted (of 99.5 million common shares outstanding at the record date of July 1, 2002) were 86.6 million; 81.4 million shares voted for the proposal, 5.1 million against, and 0.1 million abstained. On a percentage basis, 94.0 percent of votes cast were for, 5.9 percent against, and 0.1 abstained. Dr. Gary Fromm, Chairman of American Technologies Group, Inc., in response to questions after the vote, said that the authorized share expansion was needed to raise additional capital and for potential use in mergers and acquisitions. American Technologies also intends to pursue and strengthen its marketing of existing catalyst and distiller products. Dr. Fromm introduced Mr. M. Yukawa who heads ATG Japan, an independent marketing organization, for products in Japan and other Asian countries. Greetings were received at the meeting from two Japanese firms with whom discussions on marketing initiatives have been held. Discussions are proceeding with firms in Hong Kong, China, and India on licensing, manufacturing and distribution rights for catalyst production in those areas. Except for the historical information contained herein, the statements in this announcement are forward-looking statements which involve risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements. Factors that might cause such a difference include, but are not limited to, general economic conditions in the markets in which the company operates; success in the development and market acceptance of new and existing products; dependence on suppliers, third-party manufacturers and channels of distribution; customer and product concentration; fluctuations in customer demand; maintaining access to external sources of capital; ability to execute management's margin improvement and cost control plans; overall management of the company's expansion; obtaining of necessary regulatory approvals; and other risk factors detailed from time to time in the company's filings with regulatory bodies. --30--mtb/la* mra/la CONTACT: American Technologies Group, Inc. Mary Lou Anderson, 626/357-5000 KEYWORD: CALIFORNIA NEW YORK JAPAN CHINA HONG KONG INDIA INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS MANUFACTURING SOFTWARE SOURCE: American Technologies Group, Inc. Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com