Amerityre Inks Agreement to Distribute Products in Southeast Asia; Targets Flatfree(TM) Moped Tire Market

BOULDER CITY, Nev., April 16 -- Amerityre Corporation (BULLETIN BOARD: AMTY) has entered into an agreement with Marvid International PTE Ltd of Singapore to distribute its Flatfree(TM) products in Southeast Asia. Amerityre manufactures Flatfree(TM) tires for golf cars, bicycles, wheelchairs, lawn and garden equipment and other specialized equipment utilizing patented technology and specially formulated polyurethanes to create a "closed-air bubble" system. Marvid is a trading company that imports outdoor and sporting goods and distributes them throughout Singapore, Malaysia, Indonesia, Vietnam and Thailand.

"Marvid believes there is a real need for our products throughout Southeast Asia, particularly bicycle and moped tires, where so many of the people still rely on two-wheel vehicles as a major method of transportation," said Richard Steinke, Amerityre's CEO. "Marvid has obtained distribution and marketing rights for Southeast Asia because they have estimated that there are over 20,000,000 mopeds alone in their territory. We are looking to Marvid's marketing abilities to advance our products in that region," he added.

For more information on Amerityre, visit its website at www.amerityre.com

This release may contain statements that are forward looking. Such statements are made based upon current expectations that are subject to risk and uncertainty. Amerityre does not undertake to update forward-looking statements in this news release to reflect actual results of and changes in assumptions or changes in other factors affecting such forward-looking information. The market for tires is highly competitive and there is no guarantee that distribution of Amerityre's products in Southeast Asia will be successfully established or, if established, that such distribution will be substantial.