AimRite Announces the Selection of New SEC Legal Counsel.Business Editors & Automotive Writers SAN DIEGO--(AutomotiveWire)--March 13, 2001 AimRite Holdings Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :AIMH AIMH Amelia Island Museum of History (Florida, USA) ) is pleased to announce the selection of Luce, Forward, Hamilton & Scripps LLP LLP - Lower Layer Protocol to serve as AimRite's new SEC legal counsel. Luce, Forward, Hamilton & Scripps was founded in 1873 and it is one of the most respected names in the legal community in California. They will be working with AimRite on the Company's relisting as well as assisting AimRite in all negotiations regarding the COAST Technology. COAST (Computer Optimized Adaptive Suspension Technology) is a revolutionary suspension control system that uses Variable Constant Force (TM) to achieve unparalleled ride luxury, stability, safety and performance for virtually all vehicle applications; including SUV, light truck, heavy-duty truck & bus, RV, military and agricultural. COAST accomplishes all this by eliminating conventional shocks and anti-sway bars, replacing them with simple, patented and powerful hydraulic suspension control units. The units incorporate extremely powerful and sophisticated patented software to make precision adjustments at each wheel 400 times per second. The result is an electronically controlled suspension system that can optimally control up to nine dynamic areas of suspension performance; including roll, pitch, body motions, wheel motions and bottoming/topping out. AimRite believes that COAST is the most powerful and flexible suspension control system ever developed. AIMRITE HAS A WEB SITE THAT CAN BE VISITED AT WWW WWW or W3: see World Wide Web. (World Wide Web) The common host name for a Web server. The "www-dot" prefix on Web addresses is widely used to provide a recognizable way of identifying a Web site. .AIMRITE.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. . This release is intended as a forward-looking statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
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