Amerityre Corporation to Begin Trading on NASDAQ Capital Market

BOULDER CITY, Nev., March 20 -- Amerityre Corporation (BULLETIN BOARD: AMTY) -- announced today that its common stock will begin trading on NASDAQ Capital Market on March 21, 2006, under its existing symbol, AMTY.

"We are very pleased to reach this milestone in the development of our company," commented Richard Steinke, Amerityre's President and Chief Executive Officer. "We look forward to the enhanced access to the capital markets, improved liquidity and added shareholder value that are typically associated with a NASDAQ listing."

About Amerityre

Amerityre is actively engaged in the development of revolutionary new tire technologies. Amerityre's technologies are currently focused on four tire segments: 1) non-pneumatic temporary or "spare" tires; 2) passenger car and special trailer tires with "run-flat" capabilities; 3) solid industrial tires; and 4) retreads for medium commercial truck, industrial, and mining tires.

Amerityre plans to license its proprietary innovations in tire composition, design and manufacturing to major tire manufacturers.

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