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Microcap & Penny Stocks : AimRite Holdings Corperation: AIMH -- Ignore unavailable to you. Want to Upgrade?

To: srf who wrote (438)	4/14/1999 10:24:00 AM
From: mfgrep	Read Replies (1) \| Respond to of 662

Major Automotive and Truck Manufacturers Seek to Install COAST Business Wire - April 14, 1999 09:59 SAN DIEGO--(BUSINESS WIRE)--April 14, 1999--Aimrite Holdings Corporation (NASDAQ/BB:AIMH) is pleased to announce that one of the big three Detroit based automotive manufacturers has formally requested that Aimrite install its unparalleled electronic suspension control system, COAST, on two of their targeted vehicles. The purpose is to premier and evaluate this powerful electronic suspension control system within their company. A second big three Detroit automotive manufacturer is currently negotiating with Aimrite to evaluate and use COAST on its vehicles. In addition, a major manufacturer of trucks will be meeting with Aimrite next week. Their visit and subsequent discussions are to target OEM vehicle platforms for the COAST suspension control system. Discussions also continue with other major automotive, truck, and bus manufacturers. The COAST(tm) electronic suspension control system is the most powerful and cost effective suspension control system available. With over ten years of research and development COAST's entire system is patented nationally and internationally and is now ready for manufacturing. Aimrite is going through the selection process of manufacturers in the automotive, truck, and bus industries to identify who will introduce this tremendous technology. The COAST electronic suspension control system uses Variable Constant Force(tm) to achieve unparalleled ride luxury, performance, and safety for virtually all automotive, truck, bus and RV applications. COAST supports the control of all of a vehicles suspension dynamics including roll, pitch, and yaw. COAST will be the OEM vehicle manufacturer's choice for electronic suspension control well into the next millennium. AIMRITE HAS A WEBSITE THAT CAN BE VISITED AT WWW.AIMRITE.COM. This release is intended as a forward-looking statement within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to (i) The ability to produce the COAST Suspension Technology in the future, (ii) Unexpected changes in the suspension market, (iii) The success of the Company's expansion and marketing strategies (iv) Competition with conventional suspension systems (v) The ability of the Company to motivate and retain the services of its key personnel and hire additional qualified personnel to meet evolving staffing needs and (vi) unexpected challenges to the patents. FOR FURTHER INFORMATION ON AIMRITE HOLDINGS CORPORATION CONTACT: Prima Capital-Corporate Communications 800/600-8599. CONTACT: Prima Capital-Corporate Communications 800/600-8599