International American Technologies Inc., an American International Industries Inc. Subsidiary, Reports Third Quarter Results and New Business Developments at Hammonds Technical Services Inc.

KEMAH, Texas -- International American Technologies, Inc. (Pink Sheets:IMTG) Gary Woerz, President and Financial Officer of IMTG, announced results of operations for the three and nine-month periods ended September 30, 2005. IMTG had revenues of $1,128,887 and $1,704,922, respectively. Costs of sales for the three and nine months ended September 30, 2005 were $915,904 and $1,305,043, respectively and SGA expenses for the same periods were $656,022 and $1,058,947 respectively. During the three and nine-month periods ended September 30, 2005, IMTG had a net loss of $387,628 and $125,644 respectively. The less than anticipated revenues was the result of impact on IMTG's subsidiary, Hammonds Technical Services Inc., of Hurricane Rita, as Hammonds had to prepare for possible flooding and its facility could not operate for two weeks during September. Hammonds projects that it will generate increased revenues and net income during the fourth quarter.

Hammonds recently moved a new 106,000-square-foot manufacturing facility located on 10 acres at 910 Rankin Road, in Houston, Texas, which was acquired by American International Industries, Inc. (OTCBB:AMIN) for use by Hammonds. Hammonds had previously leased a 30,000-square-foot facility which it had outgrown. Carl Hammonds, President of Hammonds Technical Services, reported that in November, Hammonds' Fluid Handling Division commenced delivery of eight high volume additive injection systems to Custom Fuel Services for the purpose of blending EnerBurn(TM) performance additive for various towing operators in the western United States. These initial systems are part of a larger Hammonds program to provide blended fuel to the towing industry. Hammonds plans to introduce its "Smart" technology for these systems, which are larger versions of its military injectors that are used to produce JP-8 fuel throughout the world. The Hammonds systems represent state-of-the-art additive blending that includes data collection, performance monitoring and audit trail retrieval for all transactions.

Mr. Hammonds stated that subject to first testing Hammonds has pending orders for its fuel additive systems from the oil well drilling industry, subject to first testing, that it projects will result in revenues of up to $2,400,000 in the fourth quarter, and projects that its 2005 revenues will exceed $6,000,000 and be profitable.

Hammonds previously announced that the City of Rohnert Park in Northern California has taken delivery of twenty-eight tablet chlorinators based on Hammonds' patented Vortex technology. Hammonds recently presented its high capacity granulated water disinfection system at the WEFTEC waste water show held in Washington D.C.

Deliveries of both aircraft tugs and snow plows based on Hammonds' patented Omni Directional Vehicle (ODV) reflects commencement of our production of three different configurations of the ODV. Signing of regional stocking distributorships for Snow Equipment and Industrial Vehicles has begun in Colorado, Michigan, Washington, Vancouver, Louisiana, Mississippi and New York and will create backlog as distributor and dealer stocking requirements are fulfilled. Hammonds' President, Carl Hammonds, stated, "the new 106,000-square-foot production facility comes just in time as Hammonds production ramps up to meet these growing opportunities." For additional information please visit our web site www.hammondscos.com.

Private Securities Litigation Reform Act Safe Harbor Statement:

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 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 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.