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AimRite Files With SEC to Become Fully Reporting Company

12 July 1999

AimRite Files With SEC to Become Fully Reporting Company

    SAN DIEGO--July 9, 1999--AimRite Holdings Corporation (OTC/BB:AIMHE) is pleased to announce that a filing has been submitted to the SEC to become a fully reporting Company following OTC guidelines. This filing will allow AimRite to continue trading on the OTC Bulletin Board. Although one element of the filing was late resulting in an extension status of trading, this is being complied with and will allow the extension to be removed in the very near future.
    AIMRITE HAS A WEBSITE THAT CAN BE VISITED AT WWW.AIMRITE.COM.
    This release is intended as a forward-looking statement within the meaning of the Private Securities Litigation Reform act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to (i) The ability to produce the COAST Suspension Technology in the future, (ii) Unexpected changes in the suspension market, (iii) The success of the Company's expansion and marketing strategies (iv) Competition with conventional suspension systems (v) The ability of the Company to motivate and retain the services of its key personnel and hire additional qualified personnel to meet evolving staffing needs and (vi) unexpected challenges to the patents.