Airtech Signs Contract With W&B for North America.Business Editors DALLAS--(BUSINESS WIRE)--Feb. 26, 2001 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 the Company has signed a three year, multi-million dollar contract with Dallas, Texas, based W&B Service Company Inc., (www.wbservice.com) for exclusive national distribution of its commercial and auto air purification products for United States and Canada. W&B will showcase several of the Airtech products at the upcoming 33rd Annual Air Conditioning Contractors of America The Air Conditioning Contractors of America (ACCA) is the largest HVAC contractor organization in the USA. Its headquarters is at 2800 Shirlington Road, Suite 300 • Arlington, VA 22206. (ACCA ACCA Air Conditioning Contractors of America Association, Inc. ACCA Association of Chartered Certified Accountants ACCA American Corporate Counsel Association ACCA Association Communale de Chasse Agréée (France) ) Conference in Las Vegas, NV, February 26th - March 1st, 2001. This Agreement will compliment the Airsopure franchise network. W&B was founded in 1947, and is nationally recognized for providing temperature control and cooling to the transportation and mechanical contractors industry. W&B has a national distribution network of over 5,000 active mechanical contractors plus eleven service centers in the southwest, and several subsidiaries including; Airpro a national Truck and Automotive A/C Distributor, (www.airproacparts.com) and Owens an equipment supplier to mechanical contractors throughout the USA (www.owenshermetics.com). Some of their clients include; Carrier, Kidron, Steco, Wabash, Vilter, and Nabors Trailers. W&B's combined sales for FYE FYE For Your Entertainment FYE First Year Experience FYE Fiscal Year End FYE Funding Your Education FYE For Your Eyes (CSD-TV magazine) FYE For Your Enjoyment FYE Full Year Effect FYE First Year Enrichment FYE For Your Edification 2000 exceeded $75,000,000 in revenue. W&B C.E.O., Steve McKenny, stated, "We have seen a lot of different air products in this business and are very impressed with Airtech's product line and especially their auto air purification unit (Model S-999) and the new in-duct unit for commercial and residential applications (Model S-30). We feel that our distribution network will be excited about taking on these new and innovative products, and we are excited about turning a new leaf A New Leaf (1971) is a black comedy based on a short story by Jack Ritchie, starring Elaine May, Walter Matthau, George Rose and James Coco. Better known for her collaboration as a stage comedienne with The Graduate in our fifty eight year operating history." Mr. McKenney is the former President & Chairman, of Briggs & Weaver, a $150 million dollar industrial distribution Company. Airtech C.E.O., C.J. Comu, commented, "This is a significant opportunity for the Company. To partner with a Company like W&B that has the ability to provide manufacturing and distribution of our commercial and auto product line as well as the high level contacts that they have, can dramatically add to the growth and success of our Company. Airtech will also simultaneously look at opportunities to streamline its operations and evaluate future joint venture relations with W&B. The ACCA 2001 Conference includes an expanded exhibit area showcasing the industry's latest tools of the trade from computer software to complete 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 systems from leading manufacturers and suppliers. Again this year, a wide variety of educational workshops will be held throughout the conference to help contractors expand and strengthen their business from inside and out. The preliminary agenda for the ACCA 33rd Annual Conference is available by visiting the ACCA Web site at (www.acca.org). This year's conference is being held at the Rio Suites Hotel & Casino Convention Center, Las Vegas, NV. The Company first achieved market recognition with its air purification technology by providing a simple solution using advanced technology and engineering to allow smokers and non-smokers to coexist in restaurants/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. Forward looking Statements in this document that are not historical fact are "forward-looking statements" as that term is defined in the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform of 1993. Forward-looking statements are not guarantees of future performance. Our forward-looking statements are based on trends that we anticipate in our industry and our good faith estimate of the effect on these trends of such factors as industry capacity, product demand, and product pricing. These statements are also subject to risks and uncertainties beyond our reasonable control that could cause our actual business and results of operations to differ materially from those reflected in our forward-looking statements. These risks are described in the Company's Form 10-K filed September 7, 2000. |
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