Kenneth C. Johnsen Appointed to the Board of Directors of Amerityre Corporation
BOULDER CITY, Nev., Oct. 18, 2005 -- Amerityre Corporation (BULLETIN BOARD: AMTY) announced today that Kenneth C. Johnsen was appointed to serve as a member of its Board of Directors on October 12, 2004.
According to Richard A. Steinke, Chairman of Amerityre's Board of Directors, "The appointment of Ken Johnsen to the board of directors is another step towards Amerityre's objective to attract highly qualified outside Directors." "Ken's background and experience as a Director and former CEO will provide our board significant depth. We think he'll prove to be a great resource to management. Initially, we expect Ken will take an active lead in providing direction with our tire retreading technology," Steinke added.
Johnsen, age 47, currently serves as a member of the Board of Directors of Joy Global, Inc., Milwaukee, Wisconsin, a worldwide leader in manufacturing, servicing and distributing equipment for surface and underground mining.
From April 2001 to June 2005, Mr. Johnsen was a Director, President and Chief Executive Officer of Geneva Steel, Vineyard, Utah. Mr. Johnsen also served in various other capacities at Geneva Steel, including Executive Vice President, Secretary and General Counsel for the period between October 1991 and April 2001.
Amerityre is actively engaged in the development of new technologies used to produce polyurethane elastomer tires for highway and industrial applications. Amerityre's polyurethane tire compounds and manufacturing processes are considered proprietary technology.
For more information on Amerityre, visit its website at www.amerityre.com.