Airtech Signs LOI With Universal Express.Business Editors DALLAS--(BUSINESS WIRE)--Nov. 15, 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 Letter of Intent with Universal Express (OTCBB:USXP) to sell them up to 9,000 units of the Airtech Titan III Photo Catalytic Oxidation Technology air cleaning units. Universal Express Chairman/CEO, Richard Altomare stated, "With the unfortunate anthrax attacks on United States Postal Buildings, and the death of postal workers, we have been looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a cost effective means of helping our PBC PBC 1 Peripheral blood cells 2 Primary biliary cirrhosis, see there Members and their employees protect themselves from the potential exposure to anthrax. The Private Postal Industry is made up of approximately 15,000 stores nationwide. Unfortunately, they seem to have been forgotten in this tragedy. These stores handle large quantities of mail and packages every day. They sort mail for PO boxes in their stores, they send out bulk mails, etc. The Private Postal Store owners are at great risk in being exposed to anthrax and we are concerned that they have not been given the recognition that is needed to protect them as the United States Postal Services has been given." Mr. Altomare went on to state, "We will be making the Titan III air cleaning technology systems available to stores at a discounted rate from their normal retail pricing. A cost of $911.00 to signify the September 11th attacks On September 11, 2001, in the deadliest case of domestic Terrorism in the history of the United States, a group of 19 terrorists hijacked four U.S. airliners for use as missiles against targets in New York City and Washington, D.C. on the United States has been established and undercuts most retail pricing by approximately $300.00 (less installation). We feel it is our obligation to do what we can to help our industry." Airtech Chairman/CEO, CJ Comu, responded by stating, "Airtech is proud of what our PCO PCO 1 Patient complains of 2 Polycystic ovaries, see there Technology can do. We appreciate the vote of confidence, by the entire Board of Directors of USXP, to install our Titan III systems in their operations. Airtech cannot predict the total purchases under this Agreement. We look forward to assisting USXP in the installations over the next year." About Universal Express: Universal Express, founded in 1986 USXP (OTCBB:USXP), through the Postal Business Center Network.com (PBC Network.com) provides an array of services to the private postal industry. These services include International air courier delivery through WorldPost.com, Luggage Transportation and Logistics through Luggage Express, and other benefits and programs negotiated with recognized suppliers and services to its members. USXP's principal subsidiaries and divisions include the PBC Network.com, WorldPost Network.com, Packaging Plus, Inc., and Luggage Express. The Company's goal is to become the largest provider of business services to the private postal industry in the United States and the leader in the private worldwide postal offices. Universal Express can be accessed at www.usxp.com. About Airtech: Airtech, founded in 1994, first achieved market recognition with its air cleaning technology by providing a solution of 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed September 7, 2001. |
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