American Fire Retardant Corp. Reports Updates on Glove Box Prototype.

Business Editors

SAN DIEGO--(BUSINESS WIRE)--March 3, 2004

American Fire Retardant Corp. (OTCBB:AFRR) reported today that the Glove Box(TM) prototype machine's mechanical functions are working flawlessly. It is expected that the glove cartridge will be ready on or before March 15th, and beta testing of the Glove Box(TM) dispenser is targeted to commence in April, 2004.

Stephen F. Owens, President of American Fire Retardant Corp., said, "We were very pleased with the public demonstration of the Glove Box(TM) which showed that the machine's mechanical functions are working flawlessly. We anticipate the glove cartridges to be ready by March 15th with beta testing of the completed units to commence in April and are very excited by the potential of the Glove Box(TM). Also, both AFRC and PTS Products International, Inc. continue to receive frequent inquiries expressing strong interest in the Glove Box(TM) and the best means to receive answers to questions is to contact PTSPO via email at [e-mail]."

Mr. Owens concluded by saying, "Investor inquiries have been received regarding the business relationship between American Fire Retardant Corp. and PTS Products International, Inc. (OTCBB:PTSO). The company wishes to direct these inquirers' attention to a press release issued December 30, 2003 under AFRR's trading symbol, and it can be referenced by visiting: http://biz.yahoo.com/bw/031230/305039_1.html."

About American Fire Retardant Corp.

American Fire Retardant Corp. (OTCBB: AFRR -- www.americanfireretardant.com), is in the business of developing, manufacturing and marketing a line of interior and exterior fire retardant products. American Fire Retardant Corp. also designs new technology for future fire resistive applications that are being mandated by local, state and governmental agencies. Additionally, the company is active in the construction industry as sub-contractors for fire stop and fire film installations.

Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.