Airtech Forces Canada to Amend Smoking Law.Business Editors DALLAS--(BUSINESS WIRE)--March 24, 2000 Airtech International Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AIRG AIRG Association pour l'Information et la Recherche sur les maladies rénales Génétiques AIRG Asociación Independiente de Radiodifusoras Guatemaltecas (Independent Association of Guatemalan Broadcasters) ) announced today that the Company has successfully lobbied the Province of British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography , Canada to amend their existing law banning smoking in public places. (See: March 6, 2000-PR). In a stunning decision on March 22, 2000, B.C. Supreme Court Justice Sunni Stromberg-Stein ruled that the ban was enacted by the Workman's Compensation Board (WCB WCB Workers Compensation Board (Canada) WCB Write Combining Buffer WCB Wheelchair Bound WCB Will Call Back WCB Wisconsin Certification Board WCB Western Commerce Bank (New Mexico) ) without proper consultation, and is therefore null and void. Vance Campbell, who speaks for a B.C. Coalition of Hospitality Organizations, said, "The no-smoking regulations have been a disaster for the hospitality industry costing 730 jobs and forcing six establishments to close their doors. A proposed solution involving ventilation was estimated to cost about $100 per cubic foot." Airtech C.O.O. John Harris commented, "Airtech's technology is available at a price of less than $20 per cubic foot. Airtech is also the only company in the air purification industry that has successfully introduced their technology as an alternative to the smoking ban. In several cases, a number of American cities have amended their stiff smoking laws to allow the Airtech technology to be accepted in a non-smoking environment." The Company first established itself as an authority in air purification when its products were accepted by the City of Plano, Texas and endorsed by the Health Department as acceptable technology. The Company has amended the laws in the Cities of Ft. Worth, Arlington, and Irving, Texas. The Company has also addressed City Council in Niagara Falls, N.Y. and Atlanta, Ga. Airtech C.E.O. C.J. Comu stated, "Airtech is very excited about the opportunity to showcase its products into the B.C. marketplace. In anticipation of this ruling, Airtech has already commenced discussions with some of the largest Heating Ventilation and Air Conditioning (HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free ) contractors in B.C. to handle the distribution and installation of its commercial air purification products. With Airtech equipment in place, smokers and nonsmokers can finally and realistically coexist." Comu concluded by saying, "This is a great opportunity for Airtech to potentially sell millions of dollars of its technology into the B.C. marketplace and then to move into other major cities across Canada." The Company first achieved market recognition with its air purification technology by providing a simple solution using advanced technology and engineering that allows smokers and non-smokers to co-exist in restaurants and bars. Its corporate customers include: Southwest Airlines, Alphagraphics, El Chico's, Bennigan's, TGI TGI Tribunal de Grande Instance TGI Target Group Index TGI Thank God It's Friday (US restaurant chain) TGI Tracheal Gas Insufflation TGI Tumor Growth Inhibition TGI Trato Gastrointestinal (Portugese) Friday's, Del Frisco's Double Eagle Steakhouses, Sullivan's, and many other companies. Airtech International Group Inc. (www.airtechgroup.com) is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. under the symbol (OTCBB:AIRG). Airsopure, Inc. (www.airsopure.com) is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Airtech. For more information on air quality issues please contact the Company, tel: 972/960-9400 fax: 972/960-9395. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under 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: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks are described in the Company's Form 10-KSB for the fiscal year ending May 31, 1999 filed with the Securities Exchange Commission. |
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