American International Industries Inc. Has Updated the Company's Graphic Identity and Investor Information Kit.

Business Editors

KEMAH, Texas--(BUSINESS WIRE)--Nov. 1, 2001

American International Industries Inc. (OTCBB:EDII) today announced that the new Web site for the Company is updated and now reflects the current status of American International Industries Inc. and its subsidiaries.

"The Web site and investor information kit have been updated to reflect the positive changes that the Company has experienced this year," says Daniel Dror, chairman and CEO of American International Industries Inc. "First we were relisted on the OTCBB and since then have made several sales of assets that have proved to be positive for the Company."

The Web site may be viewed at www.americanii.com. The new site contains market information for each subsidiary market as well as a new letter from the chairman and CEO. The investor information kit is available at the Web site as well as at www.otcnc.com. OTCNC is an online source for news and information service covering OTCBB traded companies.

American International Industries Inc. is to develop holdings in various industries through acquisition of existing companies, applying the financial resources and management expertise to foster the growth and profitability of the acquired businesses. The holding company serves as a financial and professional partner to the management of the subsidiaries. The role of the holding company is to improve each subsidiary's access to capital, achieve economics of scale by consolidating administrative functions, and utilize the financial and management expertise of corporate personnel across all units. EDII is continuing to work with management of the subsidiary companies to improve revenues, operations and profitability.

The matters discussed in this release contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, that involve risks and uncertainties. All statements other than statements of historical information provided herein may be deemed to be forward-looking statements. Without limiting the foregoing, the words "believes," "anticipates," "plans," "expects" and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those that we may anticipate in each of our segments reflected by our subsidiaries' operations include without limitations, continued value of our real estate portfolio, the strength of the real estate market in Houston, Texas, as a whole, continued acceptance of the Company's products and services, increased levels of competition, new products and technology changes, the dependence upon financing, third-party suppliers and intellectual property rights, the rules of regulatory authorities and risks associated with any potential acquisitions. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis, judgment, belief or expectation only as of the date hereof.