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AimRite Holdings has Filed Form 10SB12G/A With the Securities and Exchange Commission

3 August 1999

AimRite Holdings has Filed Form 10SB12G/A With the Securities and Exchange Commission

    SAN DIEGO--Aug. 2, 1999--AimRite Holdings Corporation (OTCBB:AIMHE) has completed and filed form 10SB12G/A with the Securities and Exchange Commission (SEC).
    This form, coupled with the financial audit, brings AimRite into compliance with the requirements recently imposed by the NASD for securities listed on the OTC Bulletin Board Exchange. In addition, the fully reporting status will make future acquisitions more attractive. AimRite will continue to pursue qualifying for NASDAQ or one of the other exchanges.
    Documents filed with the SEC can be reviewed on their website (www.sec.gov) or on other sources for EDGAR filings such as www.freeedgar.com.

    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.