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Technology Stocks : AIRLESS TIRES WILL NEVER GO FLAT (100% RECYCLEABLE) ATYR -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (77)	6/17/1998 1:30:00 PM
From: Clay Degenhardt	Read Replies (2) \| Respond to of 103

We're in high gear now! More new news today.... biz.yahoo.com Wednesday June 17, 11:37 am Eastern Time Company Press Release SOURCE: American Tire Corporation American Tire Corporation Announces Major Advances RAVENNA, Ohio, June 17 /PRNewswire/ -- American Tire Corporation [OTC BB:ATYR - news] announced that its new advanced mixing and pouring equipment that provides the capability of manufacturing the ''multiple density'' flat free urethane non-pneumatic bicycle tire has now successfully produced bicycle tires with 5% better rolling resistance and equal wet and dry traction compared to a pneumatic rubber tire. This is a technological breakthrough sought after globally for over 30 years said Roger Fleming, President, COO and one of the co-inventors of this technology. Dr. Sid Asthana, American Tire Corporation's chief Chemist who shares this technological innovation and Jim Moore, Manager of Mold and Process Development say this is just the first step in advancing the synergy of this process and chemistry. Derek Bowers, who is Manager of American Tire Corporation's Engineering Department, says the improved rolling resistance provides an enormous advantage to the bicycle rider by reducing the energy that must be used to keep the bike moving. Add to this equivalent wet and dry traction compared to a rubber pneumatic tire and you have the most unique non-pneumatic flat free tire ever produced said Mr. Bowers. American Tire Corporation has filed patents on this product. American Tire Corporation has completed an interim financing program and expects to be in production of this unique product in early July '98 at its Ravenna Ohio facility. Mr. Richard Steinke, Chairman and CEO and Mr. Roger Fleming indicated they expect to initiate regional and national marketing programs starting early July '98 using television, radio, journals and press releases to help inform the public about this new innovative product and its availability. SOURCE: American Tire Corporation