Unlimited Coatings Reports Earnings And Financial Highlights for the Year 2001.

Business Editors

HOUSTON--(BUSINESS WIRE)--April 4, 2002

Unlimited Coatings (Pink Sheets:UCCC) reported net income of $115,124 for the year ended Dec. 31, 2001 as compared to net income of $40,971 in the previous year, a 181% increase in earnings. Revenues for 2001 were $2,892,279 compared to $2,368,068 for the prior year, a 22% increase. Working capital this year of $399,214 compares to a negative working capital position of ($10,279) last year, and Stockholders Equity increased from $1,354,946 to $1,691,070 or book value of $0.06 per share. Of the 26,700,000 shares currently outstanding in UCCC, 23,000,000, or 86% are owned by American International Industries Inc. (OTCBB:EDII).

Juan Carlos Martinez, president, stated that, "Margins improved from 30.6% to 31.4% on sales. We are pleased with our progress and believe we are now well positioned to pursue our mission of becoming one of the leading suppliers of polyurea and polyurethane coating products, equipment, technology, consulting and application services to the industrial, commercial and automotive markets, worldwide."

Unlimited Coatings Corporation is a publicly traded Company, currently traded on the Pink Sheets under the symbol UCCC. Its wholly owned subsidiary, Marald Inc. d/b/a Unlimited Coatings, uses a multi-component polyurethane formula that within minutes of being sprayed, bonds permanently to wood, metal, fiberglass and concrete, forming a seamless, air and water tight coating, which also reduces noise, prevents rust, mildew and corrosion, and prevents scratches and dings to the surface. The materials are crack and abrasion resistant, yet are flexible enough to expand and contract in extreme temperature conditions. In addition, the surfaces can be skid resistant and will not break down or corrode when exposed to fertilizers and other corrosive chemicals. The surfaces are available in various colors, including, but not limited to, black, blue, brown, burgundy, green and gray.

Unlimited is in the business of selling the sprayed-on polyurethane and polyurea systems, technology and chemicals. The Company installs the system and trains the dealer to safely and properly operate and maintain the system. Unlimited provides ongoing dealer support programs for training, marketing and bidding support and provides chemicals necessary for operation.

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 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 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.