Message #12 From:
NewsBot Date: September 13, 2005 09:11:20 PM
AITX News Research AirTrax Inc,Stock Trading Message Board
First Ever Omni-Directional Vehicle - Airtrax Sidewinder at ValueRich Small-Cap Financial Expo, Javits Center, September 14
- Demonstration of Amazing Vehicle Capabilities, 2PM EDT, Wednesday, Sept. 14 -
- Machine moves in any direction - sideways, diagonally and rotates 360 degrees in its own footprint -
BLACKWOOD, N.J., Sept. 12 /PRNewswire-FirstCall/ -- Airtrax, Inc. (OTC Bulletin Board: AITX), a developer of patented, omni-directional technology with military and commercial applications, issued today the following media alert:
(Photo: http://www.newscom.com/cgi-bin/prnh/20040824/PHTU001-b )
WHAT: Demonstration of the world's first production OMNI-DIRECTIONAL
VEHICLE, the Airtrax SIDEWINDER(TM) ATX 3000 lift truck. Unlike
any other lift truck, the Sidewinder allows the user free and
unrestricted movement during operation, with virtually limitless
navigational options. The uniquely shaped, omni-directional
patented Airtrax wheels permit the truck to amazingly turn 360
degrees in its own footprint. In addition, the omni-directional
technology creates a virtually maintenance free unit; AC motors
eliminate brushes and commutators and are lubricated for life
eliminating the need for additional grease and grease fittings.
The transmission uses a synthetic lubricant and is sealed for
life.
If lift trucks were automobiles, this would be like the first
Ford motor vehicle put on the road. (Please see
http://www.airtrax.com for a must-see video preview)
WHO: Peter Amico, CEO
Airtrax (OTC Bulletin Board: AITX)
Blackwood, New Jersey
856-232-3000
Mr. Amico will demonstrate the Sidewinder's innovative
capabilities and answer your questions about the technology and
its implications for manufacturing and industry. Test drives
are available.
WHERE: Jacob K. Javits Convention Center
655 West 34th Street
New York, NY 10001
Airtrax has been assigned Booth #197.
WHEN: Wednesday, September 14, 2005 at 2:00 pm EDT. Demonstrations
will be followed by a Company presentation by Mr. Amico at
4:00 pm EDT. Mr. Amico will also be available for meetings on
Thursday, September 15, 2005.
Must be seen to be believed!
Be there for an amazing visual experience.
About ValueRich, Inc.
ValueRich Inc. is an innovative company publishing a quarterly lifestyle/business magazine, ValueRich Magazine, and producing an annual Small-Cap Financial Expo. The ValueRich Small-Cap Financial Expo is a three- day conference, with interactive panel discussions, seminars and speakers on a wide variety of topics targeted at bringing together financial experts. For more information, visit http://www.valuerichonline.com/convention or http://www.vrexpo.net.
Airtrax to Present at the ValueRich Small-Cap Financial Expo
HAMMONTON, N.J., Sept. 8 /PRNewswire-FirstCall/ -- Airtrax, Inc. (OTC Bulletin Board: AITX), a developer of patented, omni-directional technology with military and commercial applications, announced today that CEO Peter Amico will provide a Company presentation at the ValueRich Small-Cap Financial Expo, to be held on September 14-15, 2005, in New York, New York at the Jacob K. Javits Convention Center.
Mr. Amico will present on Wednesday, September 14, 2005 at 4:00 pm Eastern Time and will be available for meetings on September 15th. Airtrax has been assigned Booth #197. The Company's flagship omni-directional vehicle, the Sidewinder(TM), will be on display in the Convention Center. A live audio broadcast of the presentation will be available at http://www.visualwebcaster.com/ValueRichExpoNYC2005/. A replay of the presentation will be available shortly following completion of the broadcast at the above link.
Hosted by ValueRich Inc., publishers of ValueRich Magazine, the Expo features 100 small-cap companies with two full days of presentations and business development opportunities by providing interactive panel discussions, seminars and speakers. The Expo's wide variety of topics are targeted at bringing together executives of small-cap companies with investment professionals, including research analysts, fund managers, money managers, institutional investors, investment bankers and brokers, as well as venture capitalists and the financial media. For registration details, visit http://www.valuerichonline.com/ny05/index.php.
Airtrax Receives Truckload of Omni-Directional Wheels From Timken
BLACKWOOD, N.J., Aug. 30 /PRNewswire-FirstCall/ -- Airtrax, Inc. (OTC Bulletin Board: AITX), a developer of patented, omni-directional technology with military and commercial applications, announced today that The Timken Company (NYSE: TKR), the exclusive manufacturer of Airtrax's patented omni-directional wheels, completed production and delivery of 76 omni- directional wheels from their assembly plant in Pulaski, Tennessee two weeks ago and another truckload of 76 was delivered this past week. A total of 152 wheels were delivered to Airtrax's U.S. assembly facility in Blackwood, NJ. According to an agreement between the parties, Timken plans to deliver 168 Airtrax 21' wheels each month beginning in September 2005. The wheels will be used for assembly of the Airtrax SIDEWINDER(TM) Omni-Directional Lift Truck. Timken also plans a monthly delivery of 400 Airtrax 17' omni-directional wheels for use on the Airtrax-MEC COBRA AWP beginning in October 2005.
Peter Amico, president of Airtrax, said, 'Our omni-directional wheels have stringent specifications and tolerances and Timken has the experience and expertise required to consistently deliver to our specifications. With the production and delivery of the wheels underway, we will begin assembly of our lift trucks to continue to fill orders to our international customer and reseller base.'
John Butine, regional manager of Timken, stated, 'We are excited to be part of Airtrax's commercial technology and its many industrial applications.'
About The Timken Company
The Timken Company keeps the world turning, with innovative ways to make customers' products run smoother, faster and more efficiently. Timken's highly engineered bearings, alloy steels and related products and services turn up everywhere -- on land, on the seas and in space. With operations in 27 countries, sales of $4.5 billion in 2004 and 26,000 employees, Timken is Where You Turn(TM) for better performance. For more information, visit the company web site at http://www.timken.com.
Airtrax's Technology Reaches the Pacific Rim
--Company to Deliver First Sidewinder to New Zealand Dealer--
HAMMONTON, N.J., Aug. 17 /PRNewswire-FirstCall/ -- Airtrax, Inc. (OTC Bulletin Board: AITX), a developer of patented, omni-directional technology with military and commercial applications, announced today the Company will ship the first of an order of fourteen (14) SIDEWINDER(TM) Omni- Directional Lift Trucks to Lakeland Plant Hire, LTD on/or about September 15, 2005. Lakeland, a direct importer of construction, industrial and heavy work vehicles, is located in Rotorua, New Zealand.
(Photo: http://www.newscom.com/cgi-bin/prnh/20040824/PHTU001-b )
The announcement of the new dealership comes on the heels of continued worldwide press of the Sidewinder. A recent article in Australia's trade magazine 'Supply Chain Review' cited, 'US company Airtrax has developed a new forklift steering and wheel technology that could make the conventional tire and axle setup obsolete.' The article can be viewed in full at http://www.otcfn.com/aitx.
Peter Amico, President of Airtrax, stated, 'We believe that our visibility in the southern Pacific Rim is growing, which may provide us with significant opportunities for expansion into the global marketplace. We are pleased to add Lakeland Plant Hire of New Zealand to our growing list of resellers of the Sidewinder. Our roster now includes marketing representatives in the U.S., Canada, the United Arab Emirates, Western and Eastern Europe, the Balkan countries, and Africa.'
Ron Amberger, Sales Manager of Lakeland Plant Hire, stated, 'Our decision to carry the Airtrax Sidewinder was based on the Company's innovative technology and proposed value it may bring to the customer, including decreasing operational man hours due to its structurally innovative design. I am looking toward to a long and beneficial relationship with Airtrax.'
About Airtrax, Inc.
A U.S.-based developer of omni-directional technology, Airtrax designs and manufactures omni-directional vehicles. The Airtrax patented wheel was designed and developed by Airtrax after receiving a technology transfer from the US Navy in the form of a Cooperative Research and Development Agreement (CRADA).
The SIDEWINDER(TM) Omni-Directional Lift Truck and the Airtrax-MEC Cobra(TM) aerial work platform (AWP) are the first omni-directional vehicles using omni-directional technology and the patented Airtrax wheel to be commercially produced. The nearly maintenance-free design also reduces maintenance costs, delivering cost efficiencies to companies both large and small. The Airtrax patented Omni-Directional wheel is manufactured exclusively for Airtrax vehicles. For more information and to view a must-see product demonstration, visit http://www.airtrax.com.
The Private Securities Litigation Reform Act of 1995 provides a 'Safe harbor' for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
For further information, contact:
At the Company:
Airtrax
Peter Amico
President
609-567-7800
pamico@airtrax.com
http://www.airtrax.com
Investor Relations:
The Equity Performance Group,
an affiliate of OTC Financial Network
Gary Geraci
617-723-2373
gary@equityperfgp.com
http://www.otcfn.com/aitx
SOURCE Airtrax, Inc.
Source: PR Newswire (August 17, 2005 - 8:00 AM EDT)
